EUR/USD falls below 1.16 as ECB keeps rates steady, Fed suggests a break
EUR/USD experienced a decline on Thursday following the European Central Bank’s (ECB) decision to maintain interest rates. Traders were still processing the “hawkish” rate cut announced by the Federal Reserve on Wednesday, which kept EUR/USD below the 1.1600 mark. As of now, the pair is 0.30% lower, standing at 1.1565. ECB’s Lagarde says policy is […]
Gold price update for Wednesday, October 29: Gold remains steady before Fed rate announcement
Gold Futures and Interest Rates Update Gold futures opened on Wednesday at $3,967.20 an ounce, showing barely any change from Tuesday’s closing price of $3,966.20. Interestingly, gold prices actually climbed above $4,000 early in the trading session. The U.S. Federal Reserve is widely anticipated to reduce interest rates by 25 basis points today. A forecasting […]
Asia Morning Briefing: Bitcoin Stays Steady as Traders Hold Stablecoins Before Fed Decision
Good morning, Asia. Here’s what’s making news in the market: Welcome to Asia Morning Briefing, your daily update on noteworthy news in the markets during U.S. hours, as well as a review of market movements and insights. For a comprehensive analysis of the U.S. market, check out CoinDesk’s Crypto Daybook Americas. Bitcoin was trading at […]
Dollar holds steady as traders prepare for anticipated US inflation information
US Dollar Firm Amid Inflation Data and Trade Concerns The US dollar remained strong on Friday, holding onto modest weekly gains against key rivals. Investors are preparing for upcoming inflation data, which is not expected to influence the Federal Reserve’s decision to lower interest rates next week. Concerns regarding the trade war are resurfacing, especially […]
EUR/USD holds steady at lower levels as Eurozone PMIs take center stage
The EUR/USD exchange rate has bounced back from earlier losses, now hovering around 1.1615, largely due to encouraging business activity reports from Germany and the eurozone. On the daily chart, it seems relatively stable. Still, the currency pair is somewhat stuck in a range from the previous days, with many traders now looking ahead to […]
Stock futures remain mostly steady after Dow’s record day; Netflix drops following earnings shortfall: Live updates
Stock Market Update On the trading floor of the New York Stock Exchange, activity was steady on the night of October 20, 2025, following a series of strong corporate earnings that had previously set records. Futures linked to the Dow Jones Industrial Average edged up by 17 points but remained just below an even mark. […]
EUR/USD remains steady as traders anticipate US CPI during the ongoing US shutdown
The EUR/USD exchange rate remained mostly unchanged in North American trading on Monday, slipping 0.05% to approximately 1.1643 after reaching a daily high of 1.1675, driven by disappointing US economic data. The euro sits steady around 1.1640 as anticipation builds for US inflation data and remarks from President Trump about trade. With the U.S. government […]
EUR/USD stays steady around 1.1650 after France’s credit rating cuts
EUR/USD Struggles Amid French Downgrade The EUR/USD pair has faced challenges once again, hovering around 1.1660 during Asian trading on Monday. The euro saw a dip following a Bloomberg report stating that S&P Global Ratings downgraded France’s credit rating from AA- to A+. This decision stems from “increased” budget uncertainty, despite the French government having […]
French Government Defies Expectations by Remaining Steady
Political Turmoil in France: Impeachment Calls for Macron The leftist opposition has pledged to initiate impeachment proceedings against Emmanuel Macron in an effort to remove him from office. This comes after France’s prime minister narrowly sidestepped government collapse for the second time within two weeks during a parliamentary vote on Thursday. Sébastien Lecornu, who has […]
Market update: S&P 500 and Nasdaq decline amid rising US-China tensions; Dow holds steady with major bank earnings
U.S. stocks dropped on Tuesday as China intensified its trade conflict with the United States, while investors were also processing the onset of the third-quarter earnings season for major banks on Wall Street. The Dow Jones Industrial Average fell by 0.1%, adding to its previous losses, while the S&P 500 decreased by 0.5%. The Nasdaq […]