Stronger-than-expected US nonfarm payroll growth of 162,000 boosted bets on a Federal Reserve rate hike, driving Treasury yields and the dollar higher while knocking US stocks down. The S&P 500, Dow,…
Cotton futures dropped sharply at midday, losing 150 to 275 points despite modest support from higher crude oil, which rose 71 cents per barrel, and a weaker US dollar index.
Federal Reserve Chair Kevin Warsh offered no forward guidance at Jackson Hole amid persistent inflation. Markets now price a 57% probability of a rate hike in September, driving uncertainty across eq…
The US dollar strengthened on robust economic data, hawkish Fed expectations, and rising oil prices. This pressured the EUR/USD pair lower, while USD/JPY also gained despite potential intervention fe…
Gold prices rose on Monday, supported by a weaker US dollar and easing geopolitical tensions in the Middle East, which lowered energy prices and inflation concerns. However, investors remain cautious…
US retail sales and jobless claims data are key drivers for Fed rate expectations. DXY shows bearish technical signals below key EMAs, while GBP/USD extends bullish breakout above 1.3537, testing res…
A headline-only update reports minimal changes in EURUSD and USDOLLAR indices with SPX down 1.57%. No detailed information is provided for trading decisions.
Bitcoin and Ethereum rallied as the US dollar hit a four-year low, fueling investor interest in cryptocurrencies as hedges against inflation and currency decline amid mounting US policy risks and wea…
The US Dollar Index fell below a key 15-year support, sparking optimism for a Bitcoin rally as historical precedent and bullish technical signals suggest potential upside for BTCUSD in the coming wee…
The US November CPI data release is a key catalyst, potentially boosting Bitcoin if inflation meets expectations, while hotter inflation risks Fed caution and crypto sell-offs.
Markets await the Federal Reserve's likely quarter-point rate cut amid divisive opinions, while central banks in Canada, Switzerland, and Australia are expected to hold rates steady, keeping EURUSD s…
US tech stocks rallied led by Microsoft and Nvidia amid rising Fed rate cut expectations and bullish S&P 500 forecasts from major banks, boosting market sentiment before the Thanksgiving holiday.