UOB analysts expect the Dollar-Yuan pair to trade between 6.7700 and 6.8100 in the near term amid sideways movement. The USD/CNH pair remains in a consolidation phase, with intraday price action confined to a narrow range. UOB analysts note the Dollar is expected to trade
The Singapore Dollar remains under pressure against the US Dollar, trading in a tight range with a downward bias. The US Dollar held firm against the Singapore Dollar on Monday, with USD/SGD closing at 1.2945 after fluctuating between 1.2906 and 1.2950. The pair maintained
The $0.0885/share dividend for ADC.PR.A reflects a 6.21% forward yield, payable August 3 to July 24 record holders. Agree Realty Corp.’s 4.25% Series A perpetual preferred stock (ADC.PR.A) declared a $0.0885 per share monthly dividend. The payment equates to a 6.21% forwar
June CPI fell 0.4% month-over-month, pushing annual inflation to 3.5% and core to 2.6%, below expectations. The US Dollar Index dropped 0.4% to 100.90 on Tuesday after June’s Consumer Price Index declined 0.4% month-over-month, bringing annual inflation to 3.5%. Core CPI r
June headline CPI fell to 3.5% year-over-year, below forecasts, marking the softest monthly core reading since January 2021. US consumer prices rose 3.5% year-over-year in June, down from 4.2% in May and below the 3.8% consensus forecast. Monthly headline CPI fell 0.4%, wh
The Euro climbs against the Dollar as US inflation figures fall short of expectations, pressuring the Greenback. EUR/USD advanced to 1.1420 on Tuesday, extending gains as the US Dollar retreated following softer-than-expected US inflation data. The move reflects broad sell
June US CPI fell 0.4% MoM, below forecasts, easing Fed rate hike bets and pressuring the USD. EUR/USD climbed to 1.1420 on Tuesday as the US Dollar weakened after softer-than-expected US inflation data. The June Consumer Price Index dropped 0.4% month-over-month, missing e
The pair fell below 0.8100 as traders reduced expectations for Federal Reserve rate cuts following the latest inflation report. The USD/CHF pair declined 0.70% to 0.8091 on Tuesday, retreating below the 0.8100 level. The move followed the release of US inflation data, whic
Indonesia’s BBB rating affirmation removes downgrade risks but higher oil costs may limit Rupiah appreciation against USD. S&P’s affirmation of Indonesia’s BBB/A-2 sovereign rating with a stable outlook provides mild support for the Indonesian Rupiah by reducing immediate
XAU/USD climbs 1.5% after US consumer inflation data undershoots forecasts, reducing Fed rate hike expectations. Gold prices surged 1.5% to $4,050 as US consumer inflation data fell short of estimates, easing pressure on the Federal Reserve to tighten monetary policy furth
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