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AUD/USD holds below 0.6150 on bullish US Dollar, stronger US NFP report – FXStreet

In early Asian trading on Monday, AUD/USD weakened to around 0.6145. U.S. nonfarm payrolls increased by 256,000 in December. The unemployment rate fell to 4.1%. Concerns about China's economic downturn are weighing on Australia. Early in Monday's Asian session, the AUD/USD pair remained defensive around 0.6145. US job growth in December was better than expected, […]

Judge holds Giuliani in contempt for defaming Georgia election workers

A federal judge on Friday ordered Rudy Giuliani to pay $146 million for defamation charges against two Georgia election officials for avoiding an agreement not to make new false claims. He was charged with civil contempt. This is the second time in less than a week that a judge has found Giuliani in contempt on […]

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 […]