USD/CAD consolidates near weekly high, around 1.4070 as traders await Powell’s speech – FXStreet
USD/CAD has no clear direction during the day and is influenced by a combination of divergent forces. An overnight rise in oil prices and a reduction in bets that the central bank will cut deep interest rates are supporting the loonie. USD bulls continue to wait and see ahead of Fed Chair Jerome Powell's speech […]
EUR/USD tumbles below 1.0550 as traders await ECB’s Lagarde speech, US PMI data – FXStreet
EUR/USD lost momentum in Asian trading on Monday near 1.0530. Eurozone inflation rose to 2.3% year-on-year in November. The Fed's cautious stance has provided some support for the USD and is a headwind for EUR/USD. EUR/USD faces selling pressure near 1.0530 as the US dollar (USD) strengthens in early Asian trading on Monday. Investors will […]
Mets await Juan Soto fate as MLB pitching market takes shape
He may have more control over the situation than others, but like everyone else, Steve Cohen is waiting for Juan Soto. Asked Monday about the possibility of Soto joining the Mets, the team owner told reporters, “Listen, we're going to find out. It's either 'yes' or 'no.' There is no in between. Time will tell. […]
US Dollar declines on quiet Monday, markets await drivers – FXStreet
The US dollar index weakened towards 107.00. Profit-taking after November's sharp rally put pressure on the US dollar. Expectations of lower U.S. corporate tax rates and a wave of deregulation should increase foreign portfolios and FDI inflows to the United States. The US Dollar Index (DXY) retreated from a two-year high on Friday, softening towards […]
US stocks stage rally as global markets await election result – Financial Times
Unlock the US Election Countdown Newsletter for free Important stories about money and politics in the race for the White House U.S. stocks ended Election Day trading Tuesday with their biggest gains in six weeks as nervous investors awaited the outcome of the presidential election, which is expected to affect markets around the world. The […]
'Trump trade' lifts dollar, Asia stocks await China news By Reuters – Investing.com
Written by Tom Westbrook SINGAPORE (Reuters) – Asian stocks regained early gains on Thursday after a housing policy briefing in China underwhelmed investors, while the dollar rallied for the first time in two-and-a-half months on the prospect of President Donald Trump taking office. The price remained near the highest price. Global bonds were firm as […]
The case for and against Tigers, Guardians as Yankees await ALCS foe
The Yankees' reward for putting an end to the Royals in the ALDS on Thursday night at Kauffman Stadium is that they can go all out on Saturday to decide who they play in the ALCS. Instead of playing Game 5 in the Bronx, the Yankees will have one more day off, their ninth day […]
GBP/USD hangs near multi-week low, below 1.3100 as traders await FOMC minutes – FXStreet
GBP/USD on Wednesday is attracting new sellers and is under pressure due to various factors. Sterling continues to be weighed down by dovish comments from Bank of England Governor Bailey last week. The reduction in bets on a big Fed rate cut is supporting the dollar and contributing to its decline. The GBP/USD pair is […]
Giants await matchup against ‘big brother’ Leonard Williams
I don't know the exact word Dexter Lawrence, but Leonard Williams is more than a big brother to him. Sunday's game against the Seahawks will be the first time the Giants have faced Williams and the second time against Julian Love. It's been since the two were co-captains of the 2022 playoff team. Williams is […]
EUR/USD posts modest gains above 1.1050, traders await US ADP report – FXStreet
In Wednesday's Asian session, EUR/USD remained steady around 1.1070. US ISM Manufacturing PMI in September was weaker than expected. Eurozone inflation fell below the ECB target in September. During Wednesday's Asian trading session, the EUR/USD pair was moving moderately higher around 1.1070. Meanwhile, signs of rising geopolitical tensions in the Middle East could weigh on […]