Stay on top of your trading with analyses of the latest market news.
The dollar index (DXY) last traded at 104.210 against a basket of major currencies. Despite the holiday in Japan halting cash U.S. Treasuries trading, the 10-year Treasury futures trended lower.
US dollar retreats as cooling inflation fuels rate cut speculation. Euro and pound surge while volatility spikes for yen. More about the market implications and forecasts.
Tech stocks tumbled, leading the Nasdaq Composite to drop 2% as easing inflation data spurred a sell-off. Tech giants lost over $600 billion valuation.
Spot gold prices decreased by 0.2% to $2,407.29 per ounce as of 0049 GMT. Concurrently, U.S. gold futures saw a 0.4% decline to $2,411.20. Learn how the firming dollar, spurred by political uncertainties and an attack on U.S. presidential candidate …
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