Tag: Fed rate cut
Bitcoin Slips to $92K as Markets Brace for PCE Inflation and...
Bitcoin moved slightly lower on Friday but still held on to most of the gains from its strong mid-week rebound. Traders remained focused on...
Dollar Stays Weak Before Fed Meeting as Euro Nears Highs
The U.S. dollar held steady on Thursday but continues to trade weak after a series of soft economic reports strengthened expectations of an interest...
Wall Street Climbs as CME Trading Resumes After Major Outage
U.S. stock markets opened higher on Friday after an outage on CME Group’s trading platforms halted futures activity for several hours.
By 09:32 ET (14:32...
Fed Cut Fears Push US Dollar to Weakest Week Since July
The U.S. dollar was on track for its worst weekly performance since late July on Friday, as traders increased their expectations that the Federal...
Gold Extends Winning Streak as Rate-Cut Hopes Fuel Rally
Spot gold prices moved higher on Friday and were set to record a fourth consecutive month of gains in November. The rise reflects growing...
Dollar Rebounds After Sharp Losses; Pound Eyes Budget Update
The U.S. dollar moved slightly higher on Wednesday, recovering part of the previous session’s sharp losses as traders positioned for a potential Federal Reserve...
U.S. Retail Sales Grow Below Expectations in September
U.S. retail sales rose more slowly than expected in September, suggesting that consumers may be becoming more cautious amid a cooling labor market and...
US Stocks Jump as Odds of a Fed Rate Cut Rise...
U.S. stocks moved sharply higher on Friday as expectations of a Federal Reserve rate cut in December helped offset concerns about high valuations in...
Asia Currencies Slip as Fed Cut Odds Fade; Japan GDP Contracts
Asian currencies slipped on Monday, with the South Korean won taking the biggest hit, as expectations for a potential U.S. rate cut next month...
Chances of December Fed Rate Cut Drop Below 50%
Traders are scaling back expectations for a Federal Reserve rate cut at the next meeting, with odds now falling below 50%. The probability of...
