Tag Archives: FED

The Dollar Index remains neutral on Tuesday near the key 103.00 level. Fed officials remain cautious about easing policy too much, too soon. CPI figures on Thursday will be key for DXY movement.The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, …

The U.S. dollar eased slightly on Tuesday from near seven-week highs against major currencies, as investors reassessed the outlook for U.S. interest rate cuts. Geopolitical tensions in the Middle East, however, continued to support the dollar’s appeal as a safe-haven asset. The euro gained 0.2%, trading at $1.0992, after reaching …

The US Dollar Index, which measures the value of the USD against a basket of currencies, witnessed a calm Monday session with mild losses, holding steady despite elevated levels near last week’s highs. Amidst ongoing Middle East tensions, market participants await key events this week, including the release of the …

The Canadian Dollar (CAD) backslid into long-term averages against the US Dollar on Monday, with markets opening up the new trading week notably on the back foot. Investors pulled back into the safety of the Greenback, sending the Canadian Dollar skidding into three-week lows. Meaningful economic data from Canada remains …

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 …

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 …

Bitcoin’s price has remained relatively stable despite the escalating Middle East crisis. While the broader cryptocurrency market has experienced a significant downturn, Bitcoin has demonstrated resilience, supported by bullish sentiment in derivatives markets and a potential shift in Federal Reserve monetary policy.Despite the geopolitical tensions, Bitcoin’s price has shown remarkable …

Speaking to Chicago public radio station WBEZ, Chicago Federal Reserve Bank President Austan Goolsbee warned on Thursday that if the strike continues, supply-chain disruptions could exert upward pressure on prices and negatively impact the economy.Austan Goolsbee on Thursday said retailers and manufacturers had stockpiled about two weeks worth of items …

U.S. stock futures continued to decline on Thursday, as rising tensions in the Middle East and the upcoming release of the official jobs report weighed on market sentiment. By 06:00 ET (10:00 GMT), Dow Futures had dropped by 125 points, or 0.3%, S&P 500 Futures were down 18 points, or …