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The U.S. dollar fell against its major counterparts in the New York session on Thursday, as weekly jobless claims rose more than expected last week, the highest level since August 2023. Data from the Labor Department showed that initial jobless claims climbed to 231,000, an increase of 22,000 from t

EUR/USD falls sharply to 1.0730 as the US Dollar recovers on the Fed’s hawkish interest-rate guidance. Fed’s Collins joins Kashkari to support keeping interest rates steady for a longer period. The ECB is expected to deliver three rate cuts this year. EUR/USD extends its losing spell for the third t

تجربتي مع حساب الادخار الراجحي بعائد عندما يتعلق الأمر بإدارة المال والادخار، يبحث الكثيرون عن الخيارات التي توفر لهم التوازن بين العائد الجيد والأمان. تجربتي مع حساب الادخار الراجحي بعائد كانت واحدة من تلك التجارب الإيجابية التي أريد مشاركتها معكم. أولاً وقبل كل شيء، دفعني للاهتمام بهذا الحساب سمعت

Nasdaq 100 has exhibited short-term intraday wild gyrations of 3% to 4% in opposite directions since last week. Today’s data focus will be on US non-farm payrolls and ISM Services PMI for April to offer clues on whether the stagflation risk narrative is still alive. Macro factors such as the movemen

It took a little time to get going, but into Friday, we’re finally seeing a little more of that steady US Dollar outflow and renewed demand for US equities. Looking ahead, the US jobs report is the big event on the docket. Share: Analysis feed

The Fed’s latest meeting is over, and once more it has left its mark on financial markets. The Fed chair Jerome Powell’s press conference drove significant market moves, the 2-year US Treasury yield fell by 8 basis points, and is now at 4.95%, having been above 5% for most of Wednesday’s session. St

Asia Market Update: Yen stabilizes as JP refuses to confirm intervention; AU Retail Sales go negative and take A$ along with it; JP Retail Sales also miss heavily; CN PMIs mixed; EU Q1 GDP tonight, FOMC tomorrow night. General trend - After yesterday’s price gyrations, the Yen settled down as USD/JP