2024-08-15 09:54:15 am | Source: Reuters
Dollar rises after retail sales and jobs data
The U.S. dollar rose against a basket of currencies on Thursday, after data showed lower than expected jobless claims and a rise in retail sales as markets look for signs of how the broader health of the economy will influence the size of upcoming rate cuts.
The dollar index, which tracks the U.S. currency against six major peers, was at 102.96, up 0.36%.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Electric Cars and Cold Weather: Myths vs. Reality
Top Conviction Ideas : Buy KEC International Ltd for...
Top Conviction Ideas : Buy Kalpataru Projects Intern...
Top Conviction Ideas : Infra-Road & Others : Q2FY26 ...
The Future of Wealth Management: How AI and Robo-Adv...
Top Conviction Ideas : Buy Fortis Healthcare Ltd for...
FIIs stood as net buyers in equities as per November...
Outflows, trade angst push rupee to record low past ...
India`s Kotak Mahindra Bank announces first stock sp...
India`s Kotak Mahindra Bank announces first stock sp...
