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US Dollar Index remains low under 97.00 even with better-than-anticipated NFP report

US Dollar Index remains low under 97.00 even with better-than-anticipated NFP report

US Dollar Weakens Amid Economic Data The US Dollar Index (DXY), which gauges the value of the dollar against a selection of six global currencies, is showing weakness around 96.80 during Thursday’s Asian trading session. Later today, the fresh batch of U.S. jobless claims will be released, but many are looking ahead to the US […]

6 Reasons I Avoid Investing in the Vanguard Total World Index ETF (VT)

6 Reasons I Avoid Investing in the Vanguard Total World Index ETF (VT)

The Vanguard Total World Index ETF: A Mixed Reception About 20 years ago, Vanguard launched its Total World Index ETF (VT). Even though there are clear benefits to these types of funds, they’ve struggled to gain traction, especially among investors focused on low-cost index mutual funds. One reason for the lukewarm reception was that it […]

US Dollar Index climbs close to 98.00 as Fed hints at tighter policy

US Dollar Index climbs close to 98.00 as Fed hints at tighter policy

US Dollar Index Rises Amid Fed Signals The US dollar index (DXY), which gauges the value of the dollar against six major currencies, has climbed for the second consecutive day, trading around 97.80 during Asian market hours on Thursday. The dollar’s strength is attributed to hawkish signals from the Federal Reserve and the growing belief […]

Consumer Price Index rises 3.6% year-over-year in December, as anticipated.

Consumer Price Index rises 3.6% year-over-year in December, as anticipated.

In December, Australia’s consumer price index (CPI) showed a year-on-year increase of 3.6%, slightly up from a revised figure of 3.5% (previously 3.4%), as reported by the Australian Bureau of Statistics (ABS) on Wednesday. This aligns with market expectations of a 3.6% growth rate for the period. For December, the RBA trimmed average CPI rose […]