GBPUSD Forex News
U.S. Dollar Advances As Weekly Jobless Claims Drop To Eight-month Low
The U.S. dollar rose against its major counterparts in the New York session on Thursday, as the nation's jobless claims came in below economists' forecasts last week, supporting expectations that the Federal Reserve will slow the pace of rate cuts going forward.
RTTNews
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10h 18min ago
ATFX Market Outlook 2nd January 2025
Global markets were closed on Wednesday for New Year's Day. The US dollar index ended 2024 at a two-year high, up 8%, the best performance in nearly a decade. Spot gold rose more than 27%, its most significant annual increase since 2010. In contrast, international oil prices dropped about 3% for the second consecutive year.
ATFX
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16h 58min ago
Dollar Start the Year with Strong Momentum
The U.S. dollar delivered a strong performance in 2024, with the dollar index gaining approximately 7%, and it started 2025 on a positive note, hovering near its recent highs. The dollar remains supported by the Fed’s cautious approach to monetary policy, with hawkish expectations weighing on equities.
PU Prime
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18h 52min ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Thursday.
RTTNews
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20h 17min ago
U.S. Dollar Drops Against Most Majors
The U.S. dollar weakened against most major currencies in the Asian session on Thursday.
RTTNews
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1 day ago
Wall Street Continue to Slides On Hawkish Fed Expectation
Wall Street continued its downward trend, pressured by expectations of a more hawkish Fed policy in the near term. However, traders are anticipating a potential “Trump Trade” rally, as Donald Trump’s upcoming inauguration in January may boost sentiment in the equity markets.
PU Prime
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1 day ago
U.S. Dollar Strengthens Against Majors
The U.S. dollar advanced against its major counterparts in the New York session on Tuesday amid indications of a hawkish Federal Reserve heading into 2025.
RTTNews
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2 days ago
Wall Street Tumbles on Hawkish Fed Expectation
With shortened trading hours ahead of the New Year holiday, the equity market is anticipated to remain stable in thin trading.
PU Prime
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2 days ago
U.S. Dollar Advances As Year-end Approaches
The U.S. dollar climbed against its most major counterparts in the New York session on Monday, as U.S. stocks dropped in the final trading week of year.
RTTNews
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3 days ago
ATFX Market Outlook 27th December 2024
The Dow Futures ended slightly higher on Thursday, extending its five-session winning streak. However, thin trading volume and rising Treasury yields affected major tech stocks. The Nasdaq and S&P 500 ended the day nearly flat but slightly lower.
ATFX
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3 days ago
