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. […]
EUR/USD: Euro Languishes Near Two-Year Low as Traders Assess the Way Forward in 2025 – TradingView

Important points: The euro ended 2024 on a weak note. Forex market closed on January 1st The outlook for the US dollar is good Illustration: TradingView There is little good to expect from Old Continent currencies this year. USD? It's a different animal. of euro dollar pair Traders said the euro ended 2024 languishing near […]
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 […]
Australian Dollar appreciates as US Dollar corrects downwards after hitting two-year highs – FXStreet

The Australian dollar is gaining as the US dollar has retreated from a two-year high of $108.07 on Friday. The S&P/ASX 200 index rose to an all-time high above 8,450 as Australian shares reflected Wall Street's momentum. President-elect Donald Trump has selected Scott Bessent, a Wall Street veteran and fiscal conservative, to be his Treasury […]
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 […]
Bank of England holds interest rates, British pound rallies to more than two-year high – CNBC

Commuters cycle past the Bank of England (BOE) building, left, in London, England, Monday, Sept. 16, 2024. The central bank's Monetary Policy Committee interest rate decision is due to be announced on Sept. 19. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England said on Thursday it would keep interest rates on […]
Ben Stokes to sign two-year England contract through to next Ashes tour | England cricket team

Ben Stokes is set to receive a major boost for England cricket after signing a two-year central contract that secures his services until the 2025-2026 Ashes tour. The England captain pulled off a surprise move last year by signing only a one-year contract despite being offered a multi-year deal by England and Wales Cricket for […]