Top Economic News You Can’t Afford to Miss Today FX Update The U.S. dollar strengthen against major currencies on Tuesday following better-than-expected retail sales data that showed underlying economic momentum while markets braced for interest rate moves from the Federal Reserve and other central banks. Commerce Department data on Tuesday
Top Economic News You Can’t Afford to Miss Today FX Update The dollar hovered close to a three-week peak versus major peers on Monday amid expectations the Federal Reserve will cut interest rates this week but then signal a measured pace of easing for 2025. Bitcoin soared above $105,000 for
Top Economic News You Can’t Afford to Miss Today The U.S. Federal Reserve’s anticipated 25-basis-point rate cut will take center stage in a week filled with central bank decisions from Japan, the U.K., Norway, and Sweden. In addition, a busy economic calendar awaits as key economic news and data is
Top Economic News You Can’t Afford to Miss Today FX Update The U.S. dollar sparked above 107 mark after a hotter than expected inflation readout while the euro traded a touch lower following the European Central Bank’s decision to cut interest rates for the fourth time this year. The dollar
Top Economic News You Can’t Afford to Miss Today FX Update The dollar was higher on Wednesday after U.S. price data came in line with forecasts, reinforcing expectations the U.S. Federal Reserve will cut interest rates next week. The dollar was also boosted by a Reuter’s report China was considering
Top Economic News You Can’t Afford to Miss Today FX Update The dollar rose on Tuesday ahead of U.S. inflation data that could offer clues about the Federal Reserve’s monetary-easing path, while analysts assess the likely impact of President-elect Donald Trump’s policies when he begins his second term. The Australian
Economic News Highlights: Key Insights You Need to Know FX Update The dollar was up slightly in skittish trade on Monday as investor’s awaited U.S. inflation data later this week, while the Australian and New Zealand dollars rallied after China pledged an “appropriately loose” monetary policy next year. While markets
US Job Claims, Eurozone Retail Sales to Draw Focus Today FX Update The euro rose marginally against the U.S. dollar on Wednesday, but came off session highs, after a widely expected collapse of the French government following a no-confidence vote by opposition lawmakers. The greenback, on the other hand, was
Fed Chair, ECB, BOE Heads: Key Speeches to Watch Today FX Update The Indian rupee hit an all-time low on Tuesday weighed down by a a slump in the offshore Chinese Yuan to a one-year low, while persistently strong dollar bids in the non-deliverable forwards market also exerted pressure. The
US JOLTS Jobs Openings: What Will Today’s Data Reveal? FX Update The U.S. currency got an additional boost on Monday, sparked above 106.70 again on Monday. U.S. President-elect Donald Trump at the weekend, who warned BRICS emerging nations against trying to replace the greenback with any other currency, supported in
