Tag: Federal Reserve
Dollar Stays Stable Ahead of Long-Awaited U.S. Data Dump
The U.S. dollar inched higher on Monday as investors prepared for a wave of delayed economic data now set for release after the government...
US Stocks Drop as Rate Cut Hopes Fade; Tech Hit Hard
U.S. stocks moved sharply lower on Friday, extending the previous session’s declines. Sentiment weakened as expectations for a December Federal Reserve rate cut faded...
MicroStrategy Chair Denies Bitcoin Sale, Says More Buys Ahead
MicroStrategy chairman Michael Saylor denied selling any Bitcoin and said the company is actually increasing its purchases. His comments came after reports suggesting the...
European Stocks Fall on Fed Cut Fears and China Slowdown
European stocks moved lower on Friday, ending an otherwise positive week on a weak note. Markets came under pressure from global growth concerns and...
Swiss Franc Rises as Pound Falls on UK Budget Shift
The Swiss franc strengthened on Friday as a global stock market selloff pushed investors toward safe-haven assets. At the same time, the British pound...
Gold Drops as Fed Rate Cut Hopes Fade, but Week Still...
Gold prices fell on Friday, giving back earlier gains as expectations for a Federal Reserve rate cut in December continued to fade. Lower chances...
Dollar Heads for Weekly Loss as Data Uncertainty Grows
The U.S. dollar moved toward a weekly decline on Friday as traders reduced their positions while waiting for a backlog of economic data to...
Gold Edges Higher on Economic Fears as Rate-Cut Bets Cool
Gold prices rose during Asian trading on Friday as growing uncertainty around the U.S. economy encouraged investors to seek safety in the metal. However,...
Asia FX Steady as Rate-Cut Hopes Fade and Dollar Weakens
Most Asian currencies traded in a narrow and mostly weaker range on Friday as investors sharply reduced expectations that the Federal Reserve will cut...
US Dollar Slips as Government Reopens After Record Shutdown
The U.S. dollar fell on Thursday as risk appetite improved. The move came after the federal government reopened following a 43-day shutdown. A recent...
