The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
US Dollar declines on Fed rate cut, profit taking
The US Dollar Index (DXY) dipped marginally following the Fed's 25 basis point interest rate cut, currently trading around 104.50. The statement highlighted the Fed's continued commitment to balancing its dual mandate of price stability and maximum employment.
Gold holds firm after US Fed rate cut, softer dollar
Gold prices rose more than 1% on Thursday, helped by a retreat in the U.S. dollar, while the Federal Reserve cut interest rates by a quarter of a percentage point as widely expected.Spot gold was up 1.
US Fed rate cut triggers GCC ripple effect – here’s what it means
Most GCC economies have been largely shielded from stubbornly high inflation elsewhere, and have implemented ambitious plans to diversify revenue sources and boost non-oil growth
Dollar Has Best Month in Two Years as Rate-Cut Bets Ease
The US dollar posted its biggest monthly gain in more than two years as a resilient economy prompts traders to dial back expectations for how quickly the Federal Reserve will lower interest rates.
Dollar Slips on Swings in US Election Polls and Fed Rate Cut Expectations
The dollar index today is down by -0.61% at a 2-week low. The dollar is under pressure today after polls over the weekend shifted in favor of Democratic candidate Harris for presi
Dollar pulls back from six-month peak after US inflation data
The U.S. dollar pulled back from a 6-1/2-month high against major currencies on Wednesday after data showed U.S. inflation for October increased in line with expectations, suggesting the Federal Reserve will keep cutting rates.
US Dollar rises to near 7-month high as inflation data hints Fed's rate cuts strategy
The US dollar rose to its highest level since April 16, fueled by Donald Trump's victory in last week's U.S. presidential elections. The dollar index rose 0.33 per cent to 106.34 after hitting as high as 106.
Gold regains ground on dollar's retreat as markets await Fed rate decision
Gold prices rebounded from a three-week low on Thursday on the back of a weaker dollar and as investors awaited the U.S.
The Associated Press on MSN7d
New Interest Rate Cut Comes Amid Post-Election Economic Uncertainty
Trump had talked up cryptocurrencies during his campaign, and the dollar would likely benefit from higher ... The perceived ...
Reuters1d
Dollar rally pushes gold to near two-month low as traders await Fed cues
20 US dollar hits more than four-month peak Gold poised ... Chair Powell and other U.S. central bank officials. Following ...
Stocks to Rise, Traders See Fed Cut Next Month: Markets Wrap
Asian shares were primed to drift higher Thursday after US inflation data supported the case for another Federal Reserve rate ...
The Jakarta Post10d
Dollar slips ahead of US election and as Fed rate cut looms
he dollar slipped in Asia on Monday as investors ... is one reason markets assume the Federal Reserve will choose to cut rates by a standard 25 basis points on Thursday, rather than repeat its ...