Forex Market

U.S. stock futures pointed to a solid start on Wednesday after stronger-than-expected employment data signaled resilience in the world’s largest economy, prompting investors to reassess the outlook for Federal Reserve interest rate cuts. Nonfarm payrolls rose by 130,000 in January, comfortably beating economists’ expectations for a 70,000 increase, while the …

The U.S. economy added significantly more jobs than expected in January, offering fresh evidence that the labor market is stabilizing after a prolonged period of weakness—an outcome likely to influence Federal Reserve interest rate decisions later this year. Nonfarm payrolls increased by 130,000 last month, well above economists’ forecasts of …

The U.S. dollar weakened on Wednesday, coming under renewed pressure ahead of the release of closely watched U.S. employment data that could shape expectations for Federal Reserve interest rate cuts later this year and into 2026. By 04:36 ET (09:36 GMT), the dollar index, which measures the greenback against a …

House Republicans suffered a narrow but symbolic defeat late Tuesday after failing to pass a procedural measure designed to block lawmakers from forcing a vote on President Donald Trump’s tariff policies. The proposal was rejected by a slim margin of 214–217, as three Republicans joined Democrats in opposing the move—dealing …

U.S. officials have discussed the possibility of seizing oil tankers carrying Iranian crude to increase pressure on Tehran, but have refrained from doing so over concerns about retaliation and disruption to global oil markets, according to The Wall Street Journal. The White House reportedly considered such a move as part …

U.S. Commerce Secretary Howard Lutnick said on Tuesday that the recent weakness in the U.S. dollar reflects a more “natural” level for the currency, arguing that it could help boost American exports and support stronger economic growth. Speaking before a U.S. Senate Appropriations subcommittee, Lutnick said that for many years …

The European Union needs to significantly simplify its regulatory framework for businesses to strengthen its global competitiveness against economic heavyweights such as the United States and China, European Commission President Ursula von der Leyen said on Wednesday. Speaking before the European Parliament, von der Leyen highlighted the structural fragmentation of …

U.S. President Donald Trump reignited the debate over interest rates, arguing that sharp rate cuts could eliminate the U.S. debt burden without the need for painful spending cuts. He said borrowing costs remain far too high and insisted that the United States should have the lowest interest rates in the …

The US Dollar steadied near the 96.80 level on Wednesday, recovering some earlier losses as traders positioned themselves ahead of critical economic reports. Attention is squarely on the upcoming January Nonfarm Payrolls (NFP), scheduled for release later today, and the January Consumer Price Index (CPI) expected on Friday. These figures …

U.S. retail sales for December came in below expectations, reigniting concerns about the strength of consumer spending in the world’s largest economy. The disappointment was notable given the typically strong holiday season, signaling a possible slowdown in demand at the start of the year.Fed Policy Back in FocusWeaker retail data …