Forex Market

The UK labour market lost further momentum into autumn, with unemployment rising and wage pressures easing—an evolving mix that could give the Bank of England room to lower rates at its final meeting of the year. The jobless rate climbed to 5.0% in the three months to September (vs 4.8% …

The U.S. dollar started the week without a clear direction as investors grew more optimistic about a possible breakthrough to end the ongoing 40-day federal government shutdown. Market sentiment showed signs of stabilization, with traders turning their attention to fresh economic data releases that could shape expectations for the Federal …

Congress appears to be nearing the end of the longest government shutdown in American history, as Senate leaders push through a bipartisan package aimed at restarting federal operations and easing weeks of national disruption. The Senate voted late Sunday to advance the measure, setting the stage for final approval as …

Federal Reserve Governor Stephen Miran expressed optimism about the U.S. inflation outlook, stating that price pressures are steadily declining and that maintaining the current path of rate cuts is the right approach. His comments signal confidence that the central bank’s policy adjustments are beginning to show results after months of …

The US dollar held firm on Monday after the Senate approved a short-term funding bill to keep the government running through January, easing fears of another costly shutdown. The decision offered relief to financial markets and helped stabilize the greenback after several weeks of uncertainty.The move ensures that key federal …

The euro started the week on a calm and steady note, holding on to last week’s gains as traders awaited fresh economic signals from Europe. The currency’s recent stability reflects improving confidence in the eurozone and a moderation in expectations for further U.S. interest rate hikes, which has helped narrow …

The longest government shutdown in history just weaponized 40 of America’s busiest airports. On Friday, November 7, the FAA began slicing flight schedules by 4 %, heading to 10 % next week and—according to Transportation Secretary Sean Duffy—possibly 20 % if Democrats don’t blink before Thanksgiving. The question isn’t whether …

The Dollar’s Dramatic Flip: Global Crises Put US Currency on EdgeThe US Dollar recently experienced a sharp, whiplash moment. After flexing its muscles for five days, seemingly emboldened by the central bank’s tough talk, that strength vanished immediately when new economic figures suggested a slowdown. This sudden reversal—a five-day “party” …

The Euro (EUR) has recently shown a noticeable rebound against the US Dollar (USD), pushing the EUR/USD pair to its highest point in a week and approaching a critical resistance level around 1.1600. After a slide to multi-month lows, this renewed strength is a significant development, but its context warrants …

Both the euro and Japanese yen gained ground on Thursday, supported by a broad weakening of the US dollar and shifting central bank signals across Europe and Asia. The dollar fell by 0.3%, pressured by disappointing labor data and a lingering US government shutdown, which fueled market bets that the …