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Amanda Cooper

As seen in: MSN, MSN Ireland, MSN Money Canada, MSN Singapore, MSN UK, UOL, MSN España, MSN France, Reuters, Reuters Japan and

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Articles

Dollar weakens on soft US inflation data

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By Amanda Cooper, Laura Matthews Verified
| MSN UK Verified
By Amanda Cooper and Laura Matthews NEW YORK/LONDON, July 14 (Reuters) - The dollar broadly weakened on Tuesday after softer-than-expected U.S. inflation in June tempered expectations for U.S. Federal Reserve policy tightening. However, analysts said the relief may prove temporary with the U.S.-Iran conflict pushing energy prices higher and keeping the prospects of an interest-rate hike alive later this year.
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Dollar dips ahead of US inflation data, supported by rate outlook

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By Amanda Cooper
| MSN Verified
Amanda Cooper By Amanda Cooper LONDON, July 14 (Reuters) - The dollar remained in sight of 13-month highs on Tuesday ahead of U.S. inflation data, which will come under extra scrutiny as Middle East tensions boost oil prices, while Federal Reserve Chair Kevin Warsh delivers his first semiannual testimony to Congress. U.S. and Iranian forces traded attacks in the Gulf, where maritime traffic through the Strait of Hormuz has come to near-standstill, pushing oil towards $90 a barrel.
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Dollar dips ahead of US inflation data, supported by rate outlook

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By Amanda Cooper
| MSN Verified
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