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Top related persons:
Bipan Rai - 1 Kamal Sharma - 1 steepening - 1 Sharma - 1
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Federal Reserve - 1 Securities and Exchange - 1 CIBC Capital Markets - 1 Bank of America - 1 Fed - 1 U.S - 1 Bank of Japan - 1 Investment - 1

Search resuls for: "Kamal Sharma"


2 mentions found


☆ Dollar gains before inflation data, bitcoin slips
  + stars: | 2024-01-09 | by ( ) www.cnbc.com   time to read: +3 min
The dollar rose against the euro and yen on Tuesday as traders awaited inflation data on Thursday for clues on when the Federal Reserve is likely to cut rates. But Fed expectations are likely to continue to drive dollar moves. The release on Thursday of the consumer price inflation report for December will be the main piece of economic data this week. If the data confirms that inflation is continuing to moderate it could boost expectations for a March rate cut, though if it comes in above expectations it could also reverse some of that pricing. The U.S. dollar index , which measures the greenback against a basket of six currencies, was last up 0.33% at 102.55.
Persons: Bipan Rai, Kamal Sharma, steepening, Sharma Organizations: Federal Reserve, Securities and Exchange, CIBC Capital Markets, Bank of America, Fed, U.S, Bank of Japan, Investment Locations: North American, Toronto, U.S, Asia, Bitcoin
☆ Sterling slips as dollar edges higher, with all eyes on U.S.
  + stars: | 2022-11-08 | by ( Harry Robertson | ) www.reuters.com   time to read: +2 min
LONDON, Nov 8 (Reuters) - The British pound fell on Tuesday as the dollar rose, with investors focused on U.S. inflation figures and the midterm elections. Sterling was down 0.23% against the dollar to $1.1489 in the morning session in Europe, having earlier fallen more than 0.5%. The fall came as the dollar index rose 0.1% to 110.28. Sharma said he thought the dollar had further to rise, meaning the pound should fall. Analysts said the British government's fiscal statement, due next week, could trigger volatility in sterling and other British assets.
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