The euro extended its rally against the US dollar on Monday, climbing to its strongest levels in weeks as the greenback remained under pressure following the Federal Reserve’s recent interest rate cut. The EUR/USD pair hovered near 1.1760, marking its highest point since early October, supported by a growing belief …

Federal Reserve Bank of New York President John Williams reaffirmed the central bank’s commitment to restoring price stability, stressing that bringing inflation back to its 2% target remains critical for the US economy. Speaking at an event hosted by the New Jersey Bankers Association, Williams struck a measured tone, signaling …

Financial markets ended the week on a positive note, encouraged less by the expected quarter-point interest rate cut and more by the broader message coming from the Federal Reserve. Investors focused on signals that policymakers are becoming increasingly attentive to economic risks, particularly in the labor market, while remaining confident …

Broadcom delivered quarterly results that easily surpassed Wall Street expectations, yet its stock suffered a sharp 11% decline, marking its worst trading day since January. The sell-off reflected broader unease in the artificial intelligence sector, with shares of Oracle, Nvidia, and Advanced Micro Devices also sliding. Despite reporting a 28% …

Gold prices remained supported on Friday, holding onto gains above the $4,300 level after reaching a seven-week high. Traders booked some profits ahead of the weekend, but the precious metal continues to benefit from uncertainty around U.S. monetary policy and ongoing geopolitical frictions.Federal Reserve officials have expressed concerns about persistent …

Brent and WTI crude prices extended their declines today, reinforcing the broader narrative of a market struggling under the weight of persistent oversupply and fading demand momentum. Brent slipped to around $61.16 per barrel, while WTI eased toward $57.48, both reflecting a cautious trading mood as investors assess the global …

U.S. Treasury yields climbed on Friday following cautionary remarks from Chicago Federal Reserve President Austan Goolsbee, who warned against moving too quickly on further interest-rate cuts after three consecutive reductions since September. The comments prompted investors to reconsider the path of monetary policy heading into 2026.The benchmark 10-year Treasury yield …

The British Pound continues to face mounting pressure as the UK edges toward 2026, weighed down by sluggish economic performance and an ongoing cycle of monetary easing. Although the recent budget offered some short-term relief, deeper structural issues are keeping the currency on the defensive. Analysts warn that flat growth …

In a rare public dissent, Chicago Federal Reserve President Austan Goolsbee has made it clear he’s not comfortable with the pace at which the U.S. central bank is cutting interest rates. While most policymakers supported the latest reduction, Goolsbee argued that the Fed should have waited for more convincing evidence …

Oil prices fell sharply on Thursday as the market grappled with mounting concerns over abundant global supply, sending crude to its lowest level in nearly two months. West Texas Intermediate (WTI) for January delivery dropped 1.4%, while gasoline futures slid 1.2%, with gasoline prices sinking to their weakest point in …