U.S. dollar

11 months ago

U.S. Dollar Retreats as China Stimulus Lifts Global Equities

The U.S. dollar fell on Friday, ending a five-day streak of gains, as investor sentiment shifted in response to fresh stimulus measures from China that lifted global equities. Despite the dip, the

Japanese-Yen-Holds-Near-Three-Month-Low-Against-U.S.-Dollar-Amid-Interest-Rate-Differentials-and-Market-Uncertainty

Finance

11 months ago

Japanese Yen Holds Near Three-Month Low Against U.S. Dollar Amid Interest Rate Differentials and Market Uncertainty

The Japanese yen continues to hover near three-month lows against the U.S. dollar, trading at 151.68 on Friday after hitting 153.18 late Wednesday. Although the Federal Reserve has begun lowering rates and

EUR-USD-Recovery-Holds-Near-1.0830-Amid-Dollar-Weakness-and-ECB-Rate-Speculation

Finance

11 months ago

EUR/USD Recovery Holds Near 1.0830 Amid Dollar Weakness and ECB Rate Speculation

The EUR/USD extended its Thursday recovery into Friday’s North American session, hovering near 1.0830. This recent movement is primarily due to a slight retracement in the U.S. Dollar (USD), driven by weaker-than-expected

Stocks steady as inflation tempers Fed cut bets

Wall Street ends flat after fresh S&P 500 high Global equities edged lower Thursday, with U.S. markets closing mixed as strong inflation data tempered expectations for aggressive Federal Reserve interest rate cuts.

1 month ago

Markets

Dollar Posts Worst First Half Since 1973

Policy turmoil and fiscal deficits weigh on U.S. currency The U.S. dollar just logged its worst start to a year since Richard Nixon ended the gold standard in 1971. Through June, the

2 months ago

Economy

Luxury Jewelry Shines as Other Sectors Falter

U.S. luxury spending dips despite post-election optimism The luxury retail sector entered 2025 with high hopes following strong holiday sales and renewed optimism after the U.S. election. Yet new data from Citigroup

3 months ago

Business

Russia Cuts Interest Rates Amid Easing Inflation Pressures

On Friday, Russia’s central bank announced its first interest rate cut since September 2022, reducing the rate by 100 basis points to 20%. This marks a shift in the nation’s monetary policy

3 months ago

Economy

U.S. Dollar Bounces Back Amid Trade War Concerns

The U.S. dollar rebounded on Tuesday, recovering from a six-week low against the euro. Despite this recovery, market sentiment remains cautious as traders remain focused on the ongoing trade conflict between the

4 months ago

Economy

gold-rises-as-geopolitical-risks-fuel-demand-for-safe-haven

Gold Surges Amid Geopolitical Tensions and Economic Uncertainty

Gold prices rose more than 2% on Monday, reaching their highest levels in over three weeks. The surge was driven by a weakening dollar and a combination of geopolitical risks and economic

4 months ago

Economy

New U.S. Tax Proposal Could Weaken Dollar, Analysts Warn

Wall Street analysts are raising concerns that a proposed tax on foreign investors, included in the U.S. budget bill, could significantly impact demand for U.S. Treasuries and weaken the dollar. The tax,

4 months ago

Markets

Lagarde: Euro Could Compete with Dollar if Europe Strengthens

The euro has the potential to become a viable alternative to the U.S. dollar, providing immense benefits to the 20-nation bloc, but only if governments focus on strengthening Europe’s financial and security

4 months ago

Economy

Oil Prices Climb Amid Rising Demand and Geopolitical Tensions

Oil prices rose about 4% on Tuesday, driven by signs of higher demand in Europe and China, geopolitical tensions in the Middle East, and a recovery after prices collapsed to a four-year

5 months ago

Economy

Citigroup Economist Predicts 40-45% Chance of U.S. Recession

Citigroup’s Chief Economist Nathan Sheets has warned that the U.S. faces a 40% to 45% chance of recession as the economy grapples with the fallout from tariffs imposed by President Donald Trump

5 months ago

Economy

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