Tag: EURUSD
-
Dollar Dips as Hiring Slows, Fed Rate-Cut Bets Grow in NY FX Market
Market snapshot: dollar slips as hiring data fuels Fed rate-cut bets The New York foreign exchange market saw the dollar retreat against the yen and the euro as fresh hiring data underscored a cooling U.S. labor market. Traders reassessed the path of monetary policy, leaning toward additional Federal Reserve rate cuts this year as softer…
-
Markets Today: Tariffs and Jobs Data Shape European Stocks
Tariffs and Italy’s stance: waiting for annual data Markets opened with caution as traders weighed the impact of U.S. tariffs on Italian exports and the broader global trade backdrop. Italy’s Minister of Enterprises, Adolfo Urso, said we must wait for annual data to truly identify which sectors are affected and how best to design targeted…