The Dollar Index (DXY) rose from 104.25 to 104.40 during the Asian session.
The Dollar Index rose from 104.25 to 104.40 during the Asian session.DXY fell to 104.20 during the European session, but spiked to 104.50 on the better-than-expected US retail sales before drifting back to 104.20 over the rest of the US session, DBS Senior FX Strategist Philip Wee notes. Data and politics weigh heavy on the USD “The DXY rose from 104.25 to 104.40 during the Asian session.Investors in external-led Asian economiesconsidered a second Trump presidency damaging for global trade.
TheIMF’s World Economic Outlook Update partially offset the Trump-led pessimism over the world economy.” “IMF maintained the forecast for world growth at 3.2% for 2024 but upgraded 2025 to 3.3% from the 3.2% projected in April. The IMF projected arecovery in world trade growthto 3.25% in 2024-2025 from quasi stagnation in 2023. For 2024, itdowngraded USgrowth by 10 bps to 2.6%,upgraded Europeby 10 bps to 0.9%,and theUKby 20 bps to 0.7%.” “DXY spiked to 104.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Names That Mean Darkness: 104 Baby Names For Girls And BoysGenevieve Shaw Brown is an Emmy award-winning lifestyle journalist and the author of the parenting book, “The Happiest Mommy You Know.” She is an avid traveler and was named the Lowell Thomas Silver Grand Award Travel Journalist of the Year. She has appeared as a parenting, travel and lifestyle expert on every network in the country.
Read more »
Beloved Montgomerian, Congressional Gold Medal recipient Romay Davis dies at 104Beloved Montgomery resident and Congressional Gold Medal recipient Romay Davis has died, a close family friend confirmed to WSFA 12 News.
Read more »
Romay Johnson Davis, veteran of Black women’s WWII Army unit, dies at 104She was the oldest surviving member of the “Six Triple Eight,” the only predominantly Black unit of the Women’s Army Corps to serve overseas during World War II.
Read more »
Legendary San Jose State judo coach Yosh Uchida dies at age 104Uchida was a fixture at San Jose State over eight decades while turning the school into a national power in the martial art that made its Olympic debut at the 1964 Tokyo Games, where he coached the…
Read more »
104-Year-Old Lobster Lady Has Simple Tips For A Long Healthy LifeMaine’s 102-year-old lobsterwoman, Virginia Oliver, proves that age is nothing but a number and has been trapping lobsters for more than nine decades. Oliver continues to work 3 days a week with her 79-year-old son and has no plan of retiring. NBC’s Kathy Park reports for Saturday TODAY.
Read more »
104 Girl Names That Start With 'R'Esther Sun is an intern for TODAY.com. She loves café-hopping and watching cooking TikToks she knows she will never try.
Read more »