Forexlive Americas FX News Wrap - March 13

Wednesday, 13 March 2024, 20:57

The post covers the muddled forex rates ahead of key economic releases like PPI and retail sales. Yellen's comments on interest rates and inflation, the movement in major indices, and oil inventory data affecting crude oil prices are highlighted. The day saw a mix of currency performance and market movement despite limited economic releases.
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Forexlive Americas FX News Wrap - March 13

Forexlive Americas FX News Wrap - March 13

Key Highlights:

  • The S&P and Nasdaq indices dip
  • Yellen's comments on inflation and interest rates
  • Oil inventory data surprises the market
  • Forex pairs show narrow trading ranges

A mix of market movements and economic insights shake up the day, with forex rates largely stable. As attention turns towards key economic data, the post explores the impact of various factors on financial markets.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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