United States MBA Mortgage Applications: -2.6% (June 28) vs previous 0.8%

Jul 3, 2024

US Dollar touch softer ahead of crammed economic calendar

The US Dollar (USD) eases on Wednesday after surprise comments from US Federal Reserve Bank of Chicago President Austan Goolsbee in Sintra during the European Central Bank symposium.

Fed officials are getting more concerned about the labor market – BBH

Federal Reserve (Fed) Chair Jerome Powell said recent data suggest that they’re getting back on a disinflationary path and that unexpected labor market weakening could prompt a policy reaction, BBH macro analysts note.