The U.S. dollar steadied in early Wednesday trading after experiencing its sharpest single-day drop in over three weeks, as cooler-than-expected ….
Category: News
Crude Oil Jumps Nearly 3% as Cooling U.S. Inflation in April Signals Potential Policy Flexibility
U.S. equities showed a mixed performance midway through Tuesday’s session, with the Dow Jones Industrial Average declining by approximately 200 ….
Yen Set for Weekly Decline Amid Optimism Over US-Asia Trade Talks
The Japanese yen is on course to post its first weekly loss in a month, weakening against major currencies on ….
Yen Rebounds After Sharp Slide; Markets Eye Tokyo CPI Surge
The Japanese yen regained ground on Thursday following a steep selloff a day earlier, with the USD/JPY pair down 0.67% ….
Oil Prices Climb as Markets Anticipate Progress in US-Iran Nuclear Talks
Crude oil prices resumed their upward trajectory on Thursday, nearing three-week highs, as investors closely monitor developments in US-Iran nuclear ….
US Dollar Slides Toward Three-Month Lows Amid Renewed Trade Uncertainty
The US dollar resumed its downward trajectory in European trading on Thursday, shedding early-week gains as persistent uncertainties over US-China ….
IMF Slashes Global Growth Outlook Amid Rising US Trade Tensions
The International Monetary Fund (IMF) has significantly downgraded its global economic growth forecasts, citing escalating trade disruptions fueled by U.S. ….
Trump’s Trade Remarks Spark Global Market Rebound; Dollar, Stocks Surge
Global markets rallied sharply on Tuesday after U.S. President Donald Trump signaled a potential softening in trade tensions with China ….
Yen Strengthens as BoJ Core CPI Misses Forecast, Pound Surges on Weaker Dollar
The Japanese yen extended its rally for a third consecutive session on Tuesday, buoyed by a weaker U.S. dollar and ….
Pound Sterling Climbs to Seven-Month Peak Amid Dollar Weakness and Easing Inflation
The British pound surged past the $1.33 mark on Monday, reaching its highest level in seven months, as broad U.S. ….
Gold Surges Past $3,500 to Hit Intraday Record Amid Escalating Global Uncertainty
Gold prices notched a new intraday high above $3,500 per troy ounce, extending a powerful rally that has captivated global ….
Crude Oil Prices Fall Amid Strong Dollar and Slowing Demand From China
Oil prices dipped for the second consecutive session on Tuesday, retreating from last week’s rally as a stronger U.S. dollar ….
Australian Housing Supply Recovery Stumbles Amid Falling Building Approvals
November Sees Decline in Australian Building Approvals Building approvals in Australia fell unexpectedly in November, raising concerns about the nation’s ….
Federal Reserve Signals Gradual Path for Future Interest Rate Cuts
Federal Reserve Governor Lisa Cook stated on Monday that the central bank is poised to adopt a more cautious approach ….
German Inflation Surges to 2.9% in December Amid Core Price Pressures
Germany’s inflation rate exceeded expectations in December, climbing to 2.9%, according to preliminary data released on Monday by the federal ….
Canadian Dollar Steady Amid Political Uncertainty as Trudeau Resignation Looms
Global Markets Brace for Economic Data and Political Shifts The Canadian dollar remained relatively calm on Monday despite reports suggesting ….
Japanese Yen Hits Five-Month Lows Amid US Treasury Yield Surge and BOJ Uncertainty
The Japanese yen weakened in Asian trading on Monday, sliding into negative territory against a basket of major currencies, including ….
Fed’s Barkin: Inflation at 2% or Weaker Demand Essential for Rate Cuts
Maryland, January 2025—Federal Reserve Bank of Richmond President Tom Barkin addressed the Maryland Bankers Association on Friday, shedding light on ….
US Manufacturing PMI Rises Slightly in December but Remains in Contraction for Ninth Consecutive Month
The US manufacturing sector continued its contractionary trend in December, as indicated by the Institute for Supply Management’s (ISM) Manufacturing ….
EUR/USD Stability with Positive ISM Manufacturing Data and Rising European Yields
The euro is up a bit after yesterday’s big drop to 1.0255. The dollar is down -0.3% to 1.0295 after ….
US Dollar Trends Higher Amid Economic Resilience and Hawkish Federal Reserve Policies
The US dollar experienced a slight decline on Friday but remained positioned for a strong weekly performance, driven by expectations ….
