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EUR/USD is under pressure as US Dollar holds onto two-year high – FXStreet

EUR/USD is trading cautiously around 1.0350 as the US dollar continues to rise. The U.S. dollar is expected to have more room to appreciate, as the Federal Reserve has indicated that it will reduce interest rates in 2025. Investors expect the ECB to steadily cut rates by 25 basis points at each meeting through June. […]

Dollar retains strength; euro near two-year low – Investing.com

Investing.com – The U.S. dollar rose in thin trading due to the holiday Tuesday, continuing its recent strength as traders braced for a smaller Federal Reserve interest rate cut in 2025. At 4:25 a.m. ET (9:25 p.m. Japan time), the dollar index against a basket of six other currencies was up 0.1% at 107.905, trading […]

Frankie Montas signing with Mets on two-year, $17 million contract

The Mets have identified their next starting pitching project. Frankie Montas will be looking to revive his career at Queen's after a year in which Sean Manaea and Luis Severino arrived at relatively low prices and he enjoyed a recovery season. The Mets and the 31-year-old have agreed to a two-year contract worth $17 million […]

James Conner inks two-year, $19 million extension with Cardinals to avoid free agency

James Conner will be a Cardinal for a little while longer. The veteran running back signed a two-year, $19 million extension with Arizona on Saturday. According to ESPN's Adam Schefter. Conner was scheduled to become a free agent after the 2024 NFL season. Arizona Cardinals running back James Conner, 6, runs for a touchdown against […]

EUR/USD sinks to near two-year lows as preliminary Eurozone PMI contracts – FXStreet

EUR/USD fell sharply as the US dollar strengthened and the Eurozone Composite PMI unexpectedly contracted. The Eurozone Services PMI surprisingly fell to 49.2, suggesting business activity contracted in November for the first time since January. The dollar strengthened as traders questioned the Fed's rate cut in December. EUR/USD hit a nearly two-year low near 1.0330 […]

Freight Rail Delays Hit Two-year High at L.A., Long Beach

Freight rail delays are at their highest in two years as imports on the West Coast reach record levels while East Coast shipments are being diverted due to strikes and the Houthi threat. Cargo is piling up at the ports of Beach and Los Angeles. According to Sheet Trade Maritime NewsTraffic at the Port of […]