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US Dollar Flat on Mixed Data As Market Expects Sideways Trade in Second Half

The US dollar ended the trading week flat against a basket of currencies as an influx of economic data came out. While spending and inflation matched market expectations, consumer sentiment was a lot lower than the median estimates. With the first half of 2019 in the history books, the market now anticipates the greenback to either weaken or trade sideways in the second half.

Euro Rallies on Upbeat German and Eurozone Data, Later Falls

The euro today rallied higher against the US dollar following the release of upbeat German and eurozone macro data in the early European session. The EUR/USD currency pair later fell from its highs as investor sentiment shifted, but rallied briefly on the weak US macro releases before falling again.

Euro Drops on Weak Business Climate, Gains on Mixed US Inflation

The euro today posted gains against the US dollar following the release of weak US inflation data in the early American session. The EUR/USD currency pair today fell from session highs following the release of weak eurozone business climate data in the early European session.

Pound Posts Gains Despite Brexit Pessimism and Upbeat US GDP

The Sterling pound today traded mostly sideways against the US dollar as it solidified gains made from yesterday’s 10-week lows as the Brexit impasse continued. The GBP/USD currency pair dropped lower following the release of US Q1 GDP data before quickly reversing the losses and printing new daily highs driven by positive investor sentiment.

US Dollar Mixed on Q4 GDP Revision, Weekly Jobless Claims

The US dollar is mixed against a basket of currencies towards the end of the trading week. The greenback is making sense of an influx of economic data that paints an interesting portrait of the country: a slowing economy, but a solid labor market.

US Dollar Falls As ‘Patient’ Fed Signals One Rate Hike in 2019

The US dollar is holding steady midweek as the Federal Reserve concluded its two-day policy meeting. The US central bank did not pull off any surprises on Wednesday, signaling that it has become far more bearish than in previous meetings, whether it relates to policy maneuvers or economic estimates.

Euro Drops on Mixed Eurozone Data, Rallies on Weak US Data

The euro today dropped lower against the US dollar in the late Asian session before rallying higher on upbeat German retail sales data for January. The EUR/USD later declined despite the release of mixed German unemployment data, then rallied higher into the American session.

Last Week Before Holidays Can Be Crucial for US Dollar

The last week before holidays has potential to become crucial in determining the dollar’s performance in the near future. The policy meeting of the Federal Reserve will be the highlight of the week, but important economic reports scheduled for release on Friday can also affect the currency.

Euro Declines on Weak Eurozone Data, Later Rallies on Weak US Data

The euro today fell from Asian session highs in the early European session following the release of mixed macro data from across the euro area. The EUR/USD currency pair later rallied higher in the mid-European session as market risk sentiment improved before heading lower in the American session.

Pound Trades Sideways on BoE Credit Data Ahead of Budget Speech

The British pound today traded in a tight range against the US dollar on the latest BoE credit data even as investors await the autumn UK budget speech later today. The pound’s slight rally was supported by the improved risk sentiment among investors, which supported the cable and prevented it from falling further.

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