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US Dollar holds gains after FOMC minutes, labor market data – FXStreet

The Fed's hawkish monetary stance is contributing to higher U.S. Treasury yields and reinforcing the current strength of the dollar. Rumors that a national economic emergency may be declared have increased demand for safe havens, underscoring the appeal of greenbacks. The bullish mood is further amplified by strong labor market indicators, including a decline in […]

Freedom Caucus holds its fire on Johnson’s strategy for passing Trump agenda

Members of the conservative House Freedom Caucus say the final They continue to resist, arguing that the product is more important than the composition. The Freedom Caucus' board sent a letter to Johnson last month supporting a two-bill strategy for reconciliation, which would allow Republicans to pass Trump's priorities without Democratic votes. It is a […]

USD/CHF holds below 0.9050 on Trump tariff confusion – FXStreet

In early European trading on Tuesday, USD/CHF lost momentum to near 0.9040. President Trump's tariff confusion and cautious mood are pushing up the Swiss franc against the US dollar. The Fed's cautious stance may limit the market's downside. USD/CHF is trading weakly around 0.9040 in early European trading on Tuesday. The U.S. dollar (USD) has […]

GBP/USD holds positive ground near 1.2450 on US Dollar bullish – FXStreet

GBP/USD rebounded to around 1.2440 in early European trading on Monday. Fed officials emphasized the need to balance controlling inflation with maintaining a strong labor market. Dovish bets on the BOE could cap upside in the short term. The GBP/USD pair extends its recovery to around 1.2440 in early European trading on Monday. However, the […]

Watch live: White House holds press briefing as Johnson fights to stay Speaker

White House press secretary Karine Jean-Pierre is scheduled to brief reporters on Friday as the House of Representatives votes on the speaker. House Speaker Mike Johnson (R-Louisiana) is struggling to keep the gavel as at least a dozen conservatives remain mum on whether they support him. At least one MP has already publicly expressed opposition […]

Australian Dollar holds ground ahead of US Jobless Claims – FXStreet

The Australian dollar received support following the release of China's Caixin Manufacturing PMI on Thursday. China's manufacturing production continued to expand in December, entering the growth region for the 14th consecutive month. The dollar index has recovered to multi-year highs due to the US Federal Reserve's hawkish policy shift. The Australian dollar (AUD) strengthened against […]