Tag: Forex
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European markets respond to Trump tariffs and Urso remarks
European markets respond to Trump tariffs and Urso remarks European equities edged higher as traders reassessed the impact of U.S. tariff moves and awaited fresh data from the United States. The pan-European Stoxx 600 rose about 0.7%, with notable strength in healthcare and utilities, while London, Paris, and Frankfurt posted gains of roughly 0.6–0.7%. Milan…
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Dollar Falls on U.S. Shutdown: Worst Decline in 22 Years
Market snapshot: dollar slides amid U.S. government shutdown The U.S. dollar added to its losses on Wednesday after lawmakers failed to avert a government shutdown, sparking fresh questions about the economy’s near-term trajectory. The dollar index, which tracks the greenback against a basket of six major currencies, dipped 0.2% to around 97.61. With this move,…
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Dollar Falls on U.S. Shutdown Risks, Driving 2025 Losses
Overview: A Dollar in the Spotlight as Washington Stumbles The U.S. dollar slipped on Wednesday after lawmakers failed to avert a government shutdown, underscoring how political brinkmanship can spill into financial markets. The dollar index, which measures the greenback against six major currencies, fell 0.2% to 97.61. That retreat puts the broad dollar on track…
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Shekel Hits Fresh High After Trump-Netanyahu Remarks: What Will the Market Do?
Overview: A Historic Day Sparks the Israeli Market Following a historic press conference by U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, Israeli markets opened the week with renewed optimism. The proposed peace plan, which includes the release of hostages, a phased approach to Gaza governance, and international oversight, sent a clear signal…
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Five Things to Know Before the Market Opens: Tel Aviv and Global Markets
Overview: What to watch before the bell Markets moved in a tight range as traders prepared for the week ahead. In Tel Aviv, the shortened week due to the Jewish holiday season left the main indices roughly flat on the week’s close, with big swings during trading sessions. On the week, dual-listed names led the…
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NY Market Summary: Dollar Gains Slightly Amid Rising Yields
Overview of the NY Market on October 12 The NY market on October 12 witnessed a slight uptick in the dollar, reflecting ongoing economic dynamics and investor sentiment. Despite earlier declines tied to economic indicators suggesting potential rate cuts by the Federal Reserve, the dollar rebounded due to position adjustments among traders. Dollar Movement and…
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NY Market Summary: Dollar Slightly Up, Yields Rise, Nasdaq Hits Record High
NY Market Overview On the 12th, the NY market observed some intriguing shifts in currency and stock performance. The dollar showed a slight upward movement amidst rising yields, while the Nasdaq composite achieved unprecedented heights, setting a new record. This summary provides an in-depth look at the factors influencing these market trends. Dollar Performance After…
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New York Market Summary (September 9): S&P and Nasdaq Hit Record Highs
New York Market Overview On September 9, the New York financial markets showcased impressive gains, with both the S&P 500 and Nasdaq indices reaching record highs. This upward momentum was coupled with a solid increase in the value of the US dollar against most major currencies, signaling strong investor confidence. Dollar Strength Amidst Economic Indicators…
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Dollar Strengthens Ahead of Key U.S. Inflation Reports
Dollar Performance in the Forex Market In the New York foreign exchange market, the dollar has exhibited notable strength, appreciating against most major currencies except the yen. This uptick comes as traders position themselves ahead of significant economic indicators set to be released later in the week. Investors are focusing on the implications of U.S.…