dollar News

U.S. Stock Market Faces Sharp Decline as Dow Drops 360 Points Premarket Amid Jobs Data

Following the release of positive nonfarm employment data showing a 256,000 job increase in December, U.S. stock markets faced a downturn, with the Dow Jones dropping 360 points. T...

Asian Markets Show Positive Momentum as Investors Eye Upcoming Inflation Reports

Asian stock markets mostly rose as investors await Chinese inflation data and US job reports, with the Nikkei 225 leading gains. The dollar strengthened against the yen.

Asian Markets Show Mixed Performance as Holiday Season Approaches

Asian stock markets showed mixed results on Wednesday, with subdued trading activity due to the Christmas holiday season. Mainland China's indices showed mixed performance, while J...

Holiday Season Brings Optimism: Wall Street Ends Shortened Trading Day with Gains

US stock markets closed higher on a shortened trading day before the holiday break, driven by tech sector gains and President Biden's probe into China's semiconductor trade practic...

UK Economy Flatlines: European Markets Open Lower Amid Economic Concerns

European stock exchanges opened lower on Monday, influenced by the UK's stagnant GDP in Q3 2024. Key indices like CAC 40, Euro Stoxx 50, FTSE 100, and DAX showed declines. The euro...

Honda and Nissan Merger Talks Spark Optimism Across Asian Markets

Asian stock markets mostly rose on Monday as investors anticipated the official announcement of reported merger talks between Honda and Nissan. Key indexes in Australia, South Kore...

US Stock Market Surges on Strong Consumer Confidence and Spending Data

US stock market indexes reversed early declines to post significant gains driven by positive consumer confidence and personal spending data, overshadowing temporary concerns about ...

Fed's Rate Cut and GDP Growth: US Markets React with Mixed Results

US stock markets closed mostly lower after the Federal Reserve's 25-basis-point rate cut and the announcement of a 3.1% GDP growth in Q3 2024. The euro was flat against the dollar.

Dow Jones Surges Over 300 Points in Premarket Trading Amid Fed Rate Cut Optimism

Dow Jones Industrial Average surges over 300 points in premarket trading following Federal Reserve's 25 basis point rate cut, with Nasdaq 100 and S&P 500 also gaining. Fed Chair Po...

Fed Rate Decision Looms: Dollar Strengthens, Auto Stocks Rally on Nissan-Honda Talks

Global shares and the U.S. dollar rise ahead of the Fed's interest rate decision, while automaker stocks rally on news of potential Honda-Nissan tie-ups. The dollar reaches multi-m...

European Markets Unsteady as Dollar Strengthens Amid Central Bank Meetings

European shares wobble and the dollar firms as traders await central bank meetings, with the Fed expected to cut rates and other banks likely to maintain policies. U.S. markets out...

US Markets Mostly Higher Amid Positive Economic Data and Upcoming Rate Decision

US markets mostly closed higher on Monday, driven by positive PMI figures and an upcoming interest rate decision. The Nasdaq 100 and S&P 500 gained, while the Dow Jones dropped. Th...

European Markets Dip Ahead of Crucial CPI Data Release: Key Highlights

European markets opened lower as investors awaited the release of crucial CPI data and key speeches from ECB members. The DAX and FTSE were flat, while the CAC 40 and Euro Stoxx 50...

ECB Rate Cut Boosts European Markets: Key Indexes Mostly Up

European stock markets mostly rose after the ECB cut its three key interest rates by 25 bps. The DAX and Euro Stoxx 50 gained, with Airbus SE rising 2.34%. The FTSE 100 also increa...

ECB Rate Decision Looms: European Markets Await Key Interest Rate Announcement

European stock markets are mixed ahead of the ECB's key interest rate decision. The DAX, FTSE, and CAC 40 indices show varying degrees of increase. Currency markets also see moveme...

US Markets React as Investors Brace for Key Inflation Data

US stock exchanges opened mostly higher on Tuesday, anticipating November consumer inflation data. The Nasdaq 100 and S&P 500 gained, driven by Alphabet's surge, while the Dow Jone...

Geopolitical Tensions Drive European Markets Mostly Higher

European stock markets closed mostly higher on Monday as investors assessed the impact of recent geopolitical developments in the Middle East, including the toppling of the Syrian ...

US Stock Markets Close Mostly Higher Amid Positive Jobs Data and Improved Consumer Confidence

Major Wall Street stock markets closed mostly higher on Friday after the United States Bureau of Labor Statistics reported that 227,000 jobs were created in November, which was sli...

European Markets Rally as Investor Confidence Rises Amid Global Events

European stock markets opened higher on Monday, driven by an update on investor confidence in the Eurozone. Investors are also assessing the potential impact of recent global event...

Trump's Tariff Threat: BRICS Nations Face 100% Duties Over Dollar Challenge

President-elect Donald Trump has threatened BRICS nations with 100% tariffs if they move away from the U.S. dollar. This move comes as a response to the BRICS alliance's exploratio...

Dollar's Decline Against Vietnamese Dong: A Market Analysis

Vietcombank sold the dollar at VND25,484, down 0.10% from Wednesday. The State Bank of Vietnam lowered its reference rate by 0.10% to VND24,271. The dollar declined on the black ma...

US Markets Flat Ahead of Key Jobs Reports: What to Expect?

US stock markets were little changed in the premarket on Tuesday ahead of the JOLTS job openings report for October. Analysts forecast the figure to stay in line with September's 7...

Premarket Flatness on Wall Street: Awaiting Key Manufacturing Data

Wall Street's premarket trading was subdued on Monday as investors awaited key economic data releases, including the S&P Global and ISM manufacturing activity reports for November ...