ECB Rate Cuts Expected Amid Cooling Inflation and Growth Challenges in Eurozone The European Central Bank (ECB) is expected to cut its deposit rate by 25 basis points in both October and December, according to a Reuters poll of economists. This follows a dip in euro zone inflation to below 2% in September, with ECB […]

Wall Street Slips Amid Rising Yields, Fed Concerns, and Tech Weakness Wall Street’s major indexes fell around 1% on Monday, driven by concerns over rising Treasury yields, potential impacts from the Middle East conflict on oil prices, and a shift in expectations for Federal Reserve interest rate cuts. A stronger-than-expected jobs report caused traders to […]

Gold Holds Steady as Strong U.S. Jobs Data Lowers Odds of Fed Rate Cuts Gold prices remained steady, trading near $2,655 an ounce as traders adjusted their expectations for Federal Reserve rate cuts following stronger-than-expected U.S. jobs data. U.S. Treasury yields have returned to 4%, reducing the likelihood of a significant rate cut by the […]

Dollar Index Surges After Strong U.S. Jobs Data; Yen Faces Worst Week Since 2009 The dollar index soared on Friday, heading for its best week in two years, after a strong U.S. jobs report for September showed a higher-than-expected increase in non-farm payrolls, a decline in unemployment, and faster hourly earnings growth. The report erased […]

Dollar Steadies Near Six-Week High as Investors Eye Central Bank Moves and Jobs Data The dollar remained close to a six-week high on Friday as investors focused on upcoming U.S. jobs data that could influence future interest rate decisions. Safe-haven demand boosted the greenback amid escalating tensions in the Middle East, while dovish expectations for […]

U.S. Dollar Near Six-Week High Amid Middle East Tensions and Anticipation of Jobs Report; Yen Faces Sharp Decline The U.S. dollar hovered near a six-week high on Friday, supported by safe-haven demand amid escalating Middle East tensions and anticipation of the U.S. non-farm payrolls report, which could influence the Federal Reserve’s interest rate decisions. The […]

Dollar Hits Six-Week High Against Yen as Fed Holds Steady; Pound Falls on BoE’s Dovish Signals The dollar reached a six-week peak against the yen on Thursday amid expectations that the U.S. Federal Reserve will maintain a cautious approach to rate cuts. Meanwhile, the pound fell to a two-week low after Bank of England Governor […]

U.S. Dollar Strengthens Amid Strong Jobs Data and Geopolitical Tensions The U.S. dollar strengthened against major currencies on Thursday, reaching a six-week high versus the yen. This followed strong U.S. jobs data, reinforcing expectations that the Federal Reserve will not rush into further significant interest rate cuts. Meanwhile, Japan’s yen faced selling pressure after Prime […]

Bitcoin Falters Amid Middle East Tensions, Analysts Eye Fed Cuts and U.S. Election for Optimis Bitcoin speculators hoping for a strong October start were met with disappointment as rising tensions in the Middle East triggered caution across global markets. The digital asset dropped 4.7% on Tuesday, its biggest fall in nearly a month, following Iran’s […]

Dollar Climbs Amid Middle East Tensions After Iranian Missile Attack on Israel The dollar held its strongest weekly gain on Wednesday as an Iranian missile attack on Israel spurred safe-haven buying, raising concerns about the expanding conflict in the Middle East. Iran’s Revolutionary Guard Corps fired over 180 ballistic missiles at Israel, citing retaliation for […]