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U.S. Dollar Falls Amid U.S. Fed Rate Cut Prospect

U.S. Dollar Falls Amid U.S. Fed Rate Cut Prospect

The U.S. dollar weakened against other major currencies in the Asian session on Monday, amid prospects of the U.S. Fed cutting interest rates earlier as it is feared that the U.S. trade war may hurt global growth, worsen inflation and possibly spark recessions in some countries. Traders also picked up stocks at a bargain after the recent slump in the markets.
RTTNews | 7h 10minuter sedan
Pound Retreats Amid Risk Aversion

Pound Retreats Amid Risk Aversion

The pound pulled back against its most major counterparts in the New York session on Friday, as risk sentiment dampened after a meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy devolved into a shouting match.
RTTNews | 2 dagar sedan
ATFX Market Outlook 27th February 2025 

ATFX Market Outlook 27th February 2025 

U.S. President Donald Trump announced that new tariffs on imports from Mexico and Canada would take effect on April 2, delaying the original deadline and raising hopes for further postponement. U.S. stocks closed mostly flat, with the Dow down 0.43%, while Nvidia's strong quarterly earnings boosted the Nasdaq, which rose 0.26%.
ATFX | 4 dagar sedan
Pound Rises As Traders Await Trump-Starmer Meet

Pound Rises As Traders Await Trump-Starmer Meet

The British pound strengthened against other major currencies in the European session on Thursday, as the U.S. President Donald Trump and British Prime Minister Keir Starmer are expected to meet and then have a joint press conference.
RTTNews | 4 dagar sedan
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews | 4 dagar sedan
ATFX Market Outlook 26th February 2025 

ATFX Market Outlook 26th February 2025 

Investor sentiment remains fragile, with the US Conference Board's consumer confidence index falling to 98.3 in February, marking a third consecutive month of decline. Concerns over President Trump's tariffs on imports from Mexico and Canada contribute to market unease, impacting inflation and consumer spending.
ATFX | 5 dagar sedan
U.S. Dollar Weakens Amid Falling Yields

U.S. Dollar Weakens Amid Falling Yields

The U.S. dollar declined against its major counterparts in the New York session on Tuesday, as treasury yields fell and recent economic data suggested a slowdown in growth.
RTTNews | 5 dagar sedan
ATFX Market Outlook 25th February 2025 

ATFX Market Outlook 25th February 2025 

The Nasdaq Composite fell more than 1% on Monday, with big technology stocks creating the biggest drag as investors worried about demand for technology supporting artificial intelligence while they waited for results from market heavyweight Nvidia.
ATFX | 5 dagar sedan