"If we do get a modest downsized surprise, particularly the core inflation number to below 5%, that could be enough to trigger a bit of a sell-off in the dollar as markets perhaps start thinking that the Fed's next hike in July will maybe the last," said Matthew Ryan, head of market strategy at Ebury. dollar dropping to as much as a two-month low ahead of the June consumer prices data at 1230 GMT (08:30 a.m. Index for emerging market currencies gained 0.2%, reaching a three-week high, with the U.S. The MSCI index for emerging market stocks rose 0.7% to a one-week high, tracking gains in heavy-weight Hong Kong shares on stronger-than-expected China's credit figures in June.
inflation reading to determine whether the Federal reserve is at the end of its rate hike cycle. Daily FX 26.07.July 12 (Reuters) - Most emerging markets' currencies and stocks gained on Wednesday against a weak dollar, with traders awaiting a crucial U.S.Pound-Dollar Above 1.29 as FED EUR/USD Reaction Key Risk to GBPRelative Yields Keep Pound Sterling Afloat Ahead of Fed Rate Decision, Pound to Dollar Rate Holds Above 2-Week Lows.Pound to Australian Dollar Rate Outlook: GBP/AUD Rallies on Cooling Aussie InflationPound (GBP) Exchange Rates Firm Ahead of FED.Euro to Dollar Rate "Overvalued Relative to Short-term Fair Value of 1.093" say Analysts.Pound to Dollar Rate Holds 1.29 Ahead of Fed DecisionsUS Dollar (USD) Exchange Rates Slip as Fed Decision Looms.US Dollar Softens Against Pound and Euro as FED Deliver 25bp Hike.Latest Dollar News, Predictions and Forecasts from Our News Team Handy Conversion Data Table Ethiopian-Birr to Dollars Q: Is the Ethiopian Birr going up or down against the Dollar?Ī: Today's exchange rate (0.0183) is the same value compared to yesterday's rate (0.0183).Ī: 50 Ethiopian Birr buys 0.915 Dollars at interbank exchange rates. Q: What is the Ethiopian Birr worth against the Dollar?Ī: One Ethiopian Birr is worth 0.0183 Dollars today To convert Ethiopian Birr to Dollars or determine the Ethiopian Birr Dollar exchange rate simply use the currency converter on the right of this page, which offers fast live exchange rate conversions today! For full history please visit ETB/USD exchange rate history page
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