Tag: Federal Reserve
Asian FX Firms as Dollar Slips; Yen Surges on Intervention Threat
Most Asian currencies strengthened on Tuesday as the U.S. dollar weakened ahead of a series of important U.S. economic releases. The Japanese yen also...
Wall Street Opens Higher as Holiday Trading Remains Thin
A year-end rally in U.S. equities gathered momentum as investors positioned for potential gains in 2026, even as trading activity thinned during the holiday-shortened...
Yen Strengthens as Japan Signals Intervention, Dollar Softens
The Japanese yen strengthened against the U.S. dollar on Monday after senior officials warned against “one-sided and sharp” currency moves, signaling a willingness to...
Dollar Slides After Weekly Rally as Yen Intervention Looms
The U.S. dollar edged lower on Monday after posting gains in the previous week, while the Japanese yen saw a modest rebound as renewed...
U.S. CPI Increases 2.7% in November, Below Expectations
U.S. inflation increased by less than expected in November but remained above the Federal Reserve’s target, according to the first set of consumer price...
Goldman Sees Gold Hitting $4,900, Warns of Oil Price Decline
Goldman Sachs expects gold prices to rise sharply over the next two years, forecasting a 14% increase to $4,900 per ounce by December 2026...
S&P 500 Climbs After Cooling Inflation Fuels Rate-Cut Bets
U.S. stocks moved higher on Thursday, with the S&P 500 leading gains as major technology shares rebounded from a recent selloff. The rally followed...
Bitcoin Holds Near $86.5K as Markets Await US CPI Data
Bitcoin traded in a narrow range on Thursday, extending its subdued price action as ongoing ETF outflows and cautious positioning ahead of key U.S....
Asia FX Holds Steady Ahead of US Inflation Data; BOJ Rate...
Asian currencies traded in a narrow range on Thursday as investors remained cautious ahead of key U.S. inflation data due later in the session....
S&P 500 Ends Lower as Oracle and Nvidia Weigh on AI...
U.S. stocks closed lower on Wednesday, extending recent losses as sharp declines in Oracle and Nvidia weighed heavily on investor confidence in the artificial...
