Archive for April 10th, 2024

New Overnight Developments Abroad - Daily Update

Bad U.S. CPI News Impacts Financial Markets Immediately

April 10, 2024

U.S. consumer price inflation in March exceeded expectations and continued a 2024 pattern of disappointment for investors hoping to see the Federal Reserve lower interest rates. In response, The weighted DXY dollar index is 0.8% above Tuesday’s closing level. The greenback rose 1.4% and 1.0% against the Australian and New Zealand dollar, 0.9% versus the […] More

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