Forex Market

The Japanese yen strengthened on Friday, with USD/JPY slipping to 158.02, down 0.35%, as markets reacted to renewed signals that authorities are prepared to step in if volatility accelerates. The move reinforced expectations that policymakers may seek to steer the pair back toward a more controlled range, lending near-term support …

The U.S. dollar edged slightly lower on Friday, but remained on track for another weekly gain as stronger-than-expected American economic data reduced expectations of an early interest rate cut by the Federal Reserve. By 04:05 ET (09:05 GMT), the Dollar Index, which measures the greenback against a basket of six …

In an extraordinary and rare move, top central bankers from around the world issued a joint statement expressing their support for U.S. Federal Reserve Chair Jerome Powell. The declaration comes as Powell faces both a criminal investigation and mounting political pressure from President Donald Trump, who has pushed for his …

U.S. stocks climbed sharply on Thursday, driven by robust gains in semiconductor companies and encouraging economic data, reflecting investor confidence in the resilience of the American economy. The surge was led by tech firms specializing in advanced chips, fueled by rising demand for artificial intelligence and high-performance computing, while broader …

Federal Reserve Chair Jerome Powell and Chicago Fed President Austan Goolsbee have sounded warnings that political interference could destabilize the U.S. economy and ignite a surge in inflation. They stress that the Fed’s independence is critical for maintaining price stability and sustaining confidence in financial markets.Goolsbee expressed concern over recent …

U.S. stock index futures edged higher on Thursday, snapping a two-session losing streak as investors drew cautious optimism from easing geopolitical tensions and a fresh round of major bank earnings. By 05:50 ET, Dow Jones futures were up 60 points, or 0.1%, S&P 500 futures gained 0.4%, and Nasdaq 100 …

The U.S. dollar edged higher on Thursday, continuing its rebound from a shaky start to the week as expectations for near-term Federal Reserve rate cuts continued to fade. At 03:00 ET (08:00 GMT), the Dollar Index, which tracks the greenback against a basket of six major currencies, rose 0.1% to …

The U.K. economy returned to growth in November after a disappointing start to the fourth quarter, although the country’s economic prospects remain uncertain. Data from the Office for National Statistics showed that gross domestic product grew by 0.3% on the month, after contracting by 0.1% in October. On an annual …

Oil prices edged lower in Asian trading on Wednesday after the previous session’s sharp rally driven by fears of supply disruptions in Iran, as investors turned their attention to data showing a sizeable build in U.S. crude inventories. Brent futures for March slipped 0.4% to $65.19 a barrel by 01:18 …

The latest Beige Book released by the Federal Reserve highlights a gradual pickup in economic activity across most regions of the United States since mid-November. According to the survey of regional contacts, the pace of growth ranged from “slight to modest,” marking an improvement compared to the previous three reporting …