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Markets remain steady and the dollar fluctuates as investors wait for US data.

SINGAPORE (Reuters) – On Thursday, stocks had a mixed day, but the dollar took a hit as earlier excitement started to wane. US Treasury yields climbed, with the benchmark 10-year yield reaching a month-high, largely due to worries over President Trump’s budget plan that significantly adds to the US debt. This week began on a […]

EUR/USD holds steady above 1.1100 before US inflation figures

The EUR/USD may face fresh challenges as the US dollar gains traction from ongoing US-China trade talks. Both nations appear to have come to a preliminary deal aimed at substantially reducing tariffs, hinting at a possible easing of trade tensions. The European Central Bank has managed to prolong its monetary easing strategy due to decreasing […]

Mortgage rates remain steady at 6.76%

Mortgage rates held steady this week, according to Freddie Mac. Freddie Mac’s recent primary mortgage market survey, published Thursday, indicated that the average rate for a 30-year fixed mortgage remained unchanged from last week at 6.76%. A year ago, this rate was at 7.09%. Is the U.S. housing market favorable for buyers? Sam Carter, Freddie […]

XRP Investors Anticipate a Surge as Price Holds Steady Between Important Ranges

XRP is at a critical point as the overall cryptocurrency market shows signs of regaining strength and a bullish outlook. Although there’s ongoing macroeconomic uncertainty and volatility, XRP is holding firm within key demand levels. The market is making attempts to reach higher supply zones, and traders are watching closely for any breakout that could […]

US Dollar Index falls as the Fed keeps rates steady and cautions about economic risks

The Fed maintains a patient approach, keeping rates steady despite rising inflation and labor concerns. Powell highlights uncertainty, stating the future rate path remains ambiguous. The US dollar index rebounds to 99.60 following the Fed’s statements. Powell strikes a measured tone, which helps bring the US dollar index up to 99.60. Initially, the US dollar […]

Fed Keeps Interest Rates Steady, Views Economy as “Strong”

The Federal Reserve characterized economic growth as solid during a recent meeting where officials decided to maintain interest rates after observing a reported contraction in the economy for the first quarter of the year. “While fluctuations in net exports have influenced the data, recent indicators point to ongoing expansion in economic activity, reflecting sales trends,” […]

Central Bank keeps main interest rate steady due to economic uncertainty

On Wednesday, the Federal Reserve revealed that it would keep the benchmark interest rates unchanged as it keeps an eye on inflation and the labor market amidst growing economic uncertainties. Currently, the federal funding rate is set between 4.25% and 4.5%, following three consecutive cuts made in prior meetings in January and March. The Federal […]