Forex Market

Digital asset investment products witnessed outflows totaling $147 million last week.Bitcoin ETFs were the center of focus, with $159 million in outflows after heightened Middle East war tension. Ethereum also saw outflows of $29 million, while Solana and multi-asset products recorded inflows.Bitcoin (BTC) is trading around the $63,000 level on …

The U.S. dollar stabilized on Monday, retaining the gains made after Friday’s robust jobs report, as traders gear up for a week filled with key inflation data and the release of the Federal Reserve’s latest meeting minutes. At 04:00 ET (08:00 GMT), the Dollar Index, which measures the greenback against …

European stocks edged lower on Monday as the initial optimism from strong U.S. jobs data faded, with rate-sensitive sectors like real estate and utilities feeling the impact of rising bond yields. As of 0726 GMT, the pan-European STOXX 600 index had dipped 0.2%, with real estate and utilities sectors falling …

Most financial market entered Q4 with a volatile earthquake, largely due to the heightened uncertainty surrounding four key factors: the US labour market, East Coast port strikes, Middle Eastern tensions, and the impending US presidential election. However, the previous trading week brought a glimmer of relief, as the US nonfarm …

The US added far more jobs than expected in September. Market hopes for a follow-up jumbo cut from the Fed have collapsed.The Dow Jones Industrial Average (DJIA) rallied after US Nonfarm Payrolls (NFP) jobs figures blew past expectations. US NFP net job gains soared to 254K on Friday, cudgeling market …

The US Dollar jumps higher after a massive positive Nonfarm Payrolls print. Tensions in the Middle East together with further pared bets of big Fed rate cuts are fueling safe-haven inflows to the Greenback.The US Dollar Index moves higher and says goodbey to September’s tight range. The US Dollar ties …

Interviewed at Bloomberg, Chicago Fed President Austan Goolsbee said on Friday that he considered the latest job market report to be “superb” and noted that additional reports like this would increase his confidence that the US economy has reached full employment with low inflation. Key Quotes Do not want to react …

EUR/USD slides below 1.1000 after robust US labor market growth. The EUR/USD pair falls sharply below 1.1000 as US NFP surprisingly came in higher than estimates in September. The EUR/USD dips below the psychological support of 1.1000 in Friday’s New York session. The major currency weakens as upbeat United States …

European shares remained subdued on Friday as investors weighed the risks of an expanding conflict in the Middle East. However, strength in energy stocks helped prevent a further decline in the overall market. The pan-European STOXX 600 index held steady at 516.40 points as of 0709 GMT. Despite the resilience, …

The U.S. dollar hovered close to a six-week high on Friday, bolstered by safe-haven demand amid rising Middle East tensions and investor focus on the U.S. payrolls report, which could influence the future trajectory of U.S. interest rates. The dollar index, which tracks the greenback against six major currencies, stood …