As the dollar remains near its lowest levels this year, markets are poised for a potential U.S. Federal Reserve rate cut that could shift currency movements across the board. Traders are pricing in either a 25 or 50 basis point …
Tokyo’s markets reopened on Tuesday after a long weekend, but traders appeared hesitant to push the yen back toward the strong 140 per dollar mark. Earlier, low liquidity had driven the yen briefly beyond this level. -vtmarkets.com
Gold prices surged to new record highs on Monday as a weakening dollar and mounting expectations for a large interest rate cut by the U.S. Federal Reserve drove market demand. -vtmarkets.com
The dollar weakened further on Monday, reaching 139.58 yen as investors grew increasingly confident that the Federal Reserve might implement a larger-than-expected rate cut later this week. This recent dip marks a continuation of the dollar’s retreat from 140.285 yen, …
Oil prices rise for the third straight session, supported by supply concerns from Hurricane Francine in the Gulf of Mexico. However, demand worries persist, especially from China. -vtmarkets.com
US stock indices remained firm, indicating that the positive momentum from Thursday’s session could continue. Wall Street has been riding a wave of optimism, with the S&P 500 (Symbol: SP500) gaining 0.75%, the Dow Jones (Symbol: DJ30) rising 0.58%, and …
The Indian rupee looks likely to gain momentum after media reports, including those from the Financial Times and Wall Street Journal, indicated that next week’s Federal Reserve decision might involve a larger-than-expected rate cut. -vtmarkets.com
Trader sentiment has shifted amid media reports and new economic data, hinting that the Federal Reserve might lean toward a more aggressive interest rate cut. Market participants, guided by the CME FedWatch tool, have increased their expectations for a 50-basis-point …
Gold prices rise as traders await key U.S. economic data to gauge the Federal Reserve’s next rate cut decision. Markets expect a 25-basis-point cut. -vtmarkets.com
The dollar fueled by smaller Fed rate cut bets following U.S. inflation data. Markets now expect a 25-bps cut, while political factors create added uncertainty for the greenback. -vtmarkets.com
