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April 28, 2023
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Dollar Gains Ahead of PCE Data

📆 US PCE inflation for March due at 1:30 pm BST The US dollar is the best performing G10 currency in the early afternoon. The US dollar remains on the rise after yesterday’s GDP data showed price pressures in the US economy persisting in Q1 2023. While US yields are pulling back a bit today, […]

Asia FX weakens as dollar steadies from Fed-driven losses

Most Asian currencies fell on Friday and the dollar steadied near seven-week lows as markets speculated over how imminent a pause in interest hikes may be, although dovish signals from the Federal Reserve put most regional units on course for strong weekly gains. The safe haven Japanese yen outperformed its peers, rising 0.5% even as data showed […]