Forexlive Americas FX news wrap: Rate cut odds ramp up after US and Canadian jobs data – ForexLive
Market movements: WTI crude oil fell $1.20 to $67.10. US 10-year bond yield fell 2.9bps to 4.15% Bitcoin rises by $2,544 to $101,540 Gold rises $1 to $2,633 S&P500 rose 0.2% Japanese yen leads, Australian dollar lags This week's theme has been that it's difficult to connect market movements with economic news and data, and […]
The U.S. added 227,000 jobs in November, setting in motion potential Fed rate cuts at the end of the year
227,000 jobs were added to the economy in November. (iStock ) In November, the number of employees increased more than initially expected. Nonfarm employment increased by 227,000 people, and the unemployment rate rose slightly to 4.2%. Published by the U.S. Bureau of Labor Statistics.. Healthcare, services, and government industries were the main drivers of employment […]
Gold stalls intraday recovery as traders await US NFP report for Fed rate cut cues – FXStreet
Gold prices have been steadily recovering from Friday's lows in more than a week. Softer risk tone, geopolitical risks and trade war concerns are benefiting safe-haven commodities. We are betting on a non-dovish Fed cap to move higher on XAU/USD ahead of the important US NFP report. Gold prices (XAU/USD) have struggled to capitalize on […]
Dengue Fever Hits Texas Border Region, Highest Infection Rate in Two Decades, Say Health Officials
EAGLE PASS, Texas — Dengue fever cases are increasing along the Texas-Mexico border, with infection rates in the Lone Star State reaching levels not seen in more than two decades. Mexico has also seen an increase in hospitalizations and deaths due to complications from the virus. Despite the proximity of Mexico and Texas border cities, […]
Revisited: The chilling policy to cut Greenland’s high birth rate – podcast | Greenland
this episode Originally aired on Friday, April 19, 2024 bra larsen She was 14 years old when one day she and a friend were asked to go to the hospital. Bra lived in Greenland and was an Inuit like most of the inhabitants of the island, which is an autonomous territory of Denmark. At the […]
Pound Sterling briefly drops as BoE Bailey predicts four interest rate cuts in 2025 – FXStreet
Sterling rallied after Bank of England Governor William Bailey said he believed the process of defusing inflation was taking hold and predicted four interest rate cuts in 2025. Traders expect the central bank to keep interest rates unchanged at 4.75% at its meeting this month. Investors are awaiting a number of US economic indicators and […]
Dollar edges higher amid rate, political uncertainty By Reuters – Investing.com
Written by Wayne Cole SYDNEY (Reuters) – The dollar edged higher on Monday in what is shaping up to be a crucial week for prospects for U.S. interest rate cuts, while the yen's recent rebound was supported by bets that domestic interest rates will rise. The dollar also called on BRICS members on Saturday to […]
Gold prices jump as dollar dips on rate cut bets, geopolitical tensions rise – Investing.com
Investing.com — Gold prices rose in Asian trading on Friday, taking advantage of a weaker dollar as traders bet on a December interest rate cut, but rising geopolitical tensions also boosted haven demand. . The yellow metal suffered some losses in the week following the announcement of the ceasefire between Israel and Hezbollah. However, prices […]
Japanese yen soars to 1-mth high as Tokyo CPI fuels BOJ rate hike bets – Investing.com
Investing.com — The Japanese yen hit its strongest level against the dollar in nearly a month on Friday, as better-than-expected inflation data released in Tokyo strengthened expectations for the Bank of Japan to raise interest rates in December. The exchange rate of the yen, which is required to buy one dollar, fell by about 1% […]
Shiba Inu burn rate soars 5545%! What it means for SHIB – AMBCrypto News
Post date: November 29, 2024 Shiba Inu’s burn rate exploded by 5545%, removing 61 million tokens and potentially increasing its long-term scarcity. 61.33% of SHIB holders are profitable, supported by increased burns and new trading options on Binance. According to data from blockchain tracker Shibburn, Shiba Inu [SHIB] Burn rate increased by 5545.73% in the […]