Usd news live
Here are some of the latest USD news and updates:
USD News
- Fed Minutes: No Rate Hike Expected in Near Future: The minutes from the Federal Reserve's latest meeting showed that policymakers are in no hurry to raise interest rates, citing a still-weak economy and low inflation. (Source: Bloomberg)
- US GDP Growth Slows to 2.1% in Q1: The US economy grew at a slower pace than expected in the first quarter, with GDP expanding at a 2.1% annual rate, down from 3.2% in the previous quarter. (Source: CNBC)
- US Jobless Claims Rise to 218,000: The number of Americans filing for unemployment benefits rose by 10,000 to 218,000 last week, slightly above expectations. (Source: Reuters)
- US-China Trade Talks Resume: The US and China have resumed trade talks in Beijing, with both sides seeking to resolve their differences and avoid further tariffs. (Source: The New York Times)
- USD Strengthens Against Major Currencies: The US dollar has strengthened against most major currencies, including the euro, yen, and pound, amid expectations of a slower pace of monetary policy tightening. (Source: MarketWatch)
USD Exchange Rates
- USD/EUR: 1.1235
- USD/JPY: 111.45
- USD/GBP: 0.8235
- USD/CAD: 1.3335
- USD/AUD: 1.4635
USD Forecasts
- Bank of America: USD to Strengthen in 2023: Bank of America expects the US dollar to strengthen in 2023, driven by a more hawkish Federal Reserve and a weaker euro. (Source: Bloomberg)
- Morgan Stanley: USD to Weaken in 2023: Morgan Stanley, on the other hand, expects the US dollar to weaken in 2023, citing a more dovish Fed and a stronger euro. (Source: CNBC)
Please note that these are just some of the latest USD news and updates, and the currency market is constantly changing. It's always a good idea to stay up-to-date with the latest news and analysis to make informed decisions about your currency trades.