All
Blog
Case Studies
Industry News
Info Sheets
Market Analysis
Webcasts & Podcasts
Whitepapers & Ebooks

All
Procure-to-Pay
Payments Automation
Commercial Cards
Cross-Border
Virtual Card
Global payments
Risk management
Expense management

All
Reduce costs
Customize controls
Apply insights
Simplify processes
Mitigate fraud and risk
August 15, 2024
LinkEmailTwitterLinkedin

Dollar holds gains on reassuring data, euro slips

“This morning's data absolutely crushed remaining bets on a half percentage-point move at the Federal Reserve's September meeting," said Karl Schamotta, chief market strategist at Corpay “Fear of a 'hard landing' in the U.S. economy has been almost fully unwound," he said, "and Fed officials are seen responding with a more cautious start to the easing cycle." Reuters: Dollar holds gains on reassuring data, euro slips