Dollar hits two-year high after robust US data puts brake on rate cut bets – Financial Times
Stay informed with free updates Just sign up for currency myFT Digest — delivered straight to your inbox. The dollar hit a two-year high against major currencies on Monday, as strong U.S. jobs data late last week prompted traders to back off expectations for further interest rate cuts from the Federal Reserve. The pound was […]
Lebanon Elects Army Chief Joseph Aoun President After Two-Year Deadlock
Lebanon's parliament on Thursday elected army chief Gen. Joseph Aoun as president, filling the vacancy that had been vacant since President Michel Aoun (no relation) ended his term in October 2022. Aoun, who turns 61 on Friday, is an experienced military commander but a political novice. he popular both in Lebanon and the international community, […]
More than half of UK firms planning price rises as confidence falls to two-year low, survey finds – business live | Business
main events Show only major events Please turn on JavaScript to use this feature The yuan falls to a 16-month low. Chinese exchange meets foreign investors Learn more about China. The tightly controlled yuan has fallen to a 16-month low, while Chinese blue-chip stocks have fallen, down 4.1% since the start of the year. With […]
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 […]