The U.S. dollar remained steady against the Swiss franc on Wednesday, trading near 0.8100 after retreating slightly from a three-month high. Despite strong economic data out of the United States, optimism in the market remains subdued as the ongoing government shutdown continues to cloud sentiment and weigh on the currency’s …
Read More »Bitcoin Plunges as Powell’s Hawkish Stance Triggers Global Crypto Selloff
Bitcoin tumbled sharply, losing nearly 6% in a single day and slipping to around $100,000, as renewed hawkish signals from the U.S. Federal Reserve Chair Jerome Powell rattled investors and reignited risk aversion across global markets. The world’s largest cryptocurrency has seen its value erode by almost 18% over the …
Read More »Dollar Surge Keeps Euro on the Back Foot Ahead of Key Economic Signals
The euro extended its losing streak against the US dollar for a fifth straight session, weighed down by renewed strength in the greenback and lingering uncertainty across the eurozone. As global markets brace for a wave of economic data, the common currency remains under pressure, struggling to find momentum amid …
Read More »Judicial Verdict on Tariffs May Trigger Asset Repricing Worldwide
A high-stakes legal battle is unfolding in the United States Supreme Court over whether the president has the authority to impose sweeping tariffs without congressional approval. The outcome of this case could redefine the balance of power in U.S. economic policy—and send shockwaves through global financial markets.At the heart of …
Read More »Yen Surges on Policy Shift Signals as Euro Holds Ground in Central Bank Standoff
The Japanese yen made a strong comeback this week, gaining momentum amid rising speculation that Japan’s central bank may soon pivot away from its long-standing ultra-loose monetary stance. Hints of a potential interest rate hike—possibly as early as December or January—sparked a sharp reaction in currency markets, pulling the euro-yen …
Read More »AI Stocks Lose Spark as Wall Street Stumbles on Tech Pullback
U.S. stock markets turned lower on Tuesday as enthusiasm for artificial intelligence–driven gains faded, pulling major indexes into the red after a strong rally the day before. The Nasdaq led the decline, weighed down by losses in big technology and AI-related shares.The broader S&P 500 slipped as investors paused to …
Read More »Pound Under Pressure: Fiscal Fears, Political Optics, and BoE Dilemma Drive Sterling to Seven-Month Low
The British pound extended its losses on Tuesday, falling to its weakest level since April as a stronger US dollar and deepening concerns over the UK’s fiscal outlook rattled investors ahead of a key Bank of England (BoE) decision. With the currency slipping nearly 0.7% in a single day, markets …
Read More »Gold Retreats as Dollar Strength and Fed Uncertainty Cloud Outlook
Gold prices slipped below the psychologically significant $4,000 threshold on Tuesday, sliding toward $3,950 per ounce amid renewed pressure from a strengthening U.S. dollar and cautious signals from the Federal Reserve. The retreat followed a brief attempt to reclaim higher ground earlier in the day, underscoring a period of consolidation …
Read More »Oil Prices Hold Steady Amid OPEC+ Pause and Global Market Uncertainty
Crude oil prices remained largely stable on Monday as markets digested the latest moves by OPEC+ and weighed concerns over global supply and weak manufacturing data in Asia. Brent crude edged up 12 cents to $64.89 a barrel, while U.S. West Texas Intermediate (WTI) rose 7 cents to $61.05.The OPEC+ …
Read More »AI Boom and Mega Mergers Spark a Wave of Optimism on Wall Street
U.S. stock markets posted solid gains as a new trading week began, lifted by dovish remarks from the Federal Reserve, a surge in major merger and acquisition deals, and growing optimism surrounding artificial intelligence — a sector that continues to drive global market momentum.The S&P 500 recorded a modest increase, …
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