US Dollar Steadies as Traders Brace for Data-packed Week

The US Dollar trades mixed against its major peers on Monday.

FXStreet07:30 ET

Dollar Trades Steady, U.S. Jobs Data Key -- Market Talk

The dollar trades steady after falling Friday following data that showed the Federal Reserve's preferred measure of inflation, the core personal consumption expenditures index, eased to 0.2% month-on-month in April from 0.3% in March.

WSJ04:06 ET

The biggest engine of the US economy is starting to stall!

Against the backdrop of high interest rates, US consumer income and expenditure growth rates both declined, and the savings rate fell to a 16-month low, amplifying the possibility that the Federal Reserve would cut interest rates to a certain extent.

wallstreetcn00:16 ET

Australia's 1Q GDP Print Expected to Show Weak Growth

Australia's Q1 GDP print, due out later this week, is expected to show weak growth of 1.2% on year and 0.2% on quarter, says Paul Bloxham, chief economist for Australia, NZ & global commodities at HSBC.

WSJ23:44 ET

Will the Reserve Bank of Australia continue to raise interest rates? The money market is betting that it may “act” again in August

The Bank of Australia is seen as the only major central bank that risks raising interest rates.

Zhitong Finance22:30 ET

Will the attack on non-agricultural agriculture in May change the Fed's interest rate cut bets?

The US non-farm payrolls data for May will be closely watched by investors to determine whether the April slowdown is only a temporary phenomenon. According to a survey, economists expect the number of non-farm payrolls to increase by 180,000 in May, which is basically the same as the 175,000 increase in April. BNP Paribas estimates that the number of non-farm workers in the US will increase by 200,000 in May, slightly higher than 175,000 in April. If employment growth in the US slows more than expected, it may cause some people to cut interest rates earlier.

FX678 Finance21:59 ET