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US Dollar keeps fresh two-year high in reach after Fed turned hawkish on 2025
1734615531 from FXStreet
The US Dollar (USD)is under pressure of some profit taking on Thursday, with the DXY Index hovering at around 108.00, after its sizable upward move on Wednesday on the back of the Federal Reserve (Fed) interest-rate decision. The rate cut by 25 basis
Asian Assets Reel from Hawkish Fed Twist | Bloomberg: The Asia Trade 12/19/24
1734575451 from BLOOMBERG
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney and Tokyo with Paul Allen and Shery Ahn, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Asian Shares Follow Wall Street Lower After Hawkish Fed Rate Cut
1734574179 from NASDAQ
(RTTNews) - Asian stocks were deep in the red on Thursday, the yield on benchmark U.S. Treasury yields touched a seven-month high, the dollar index jumped to a two-year high and gold held below $2,600 per ounce after the U.S. Federal Reserve signaled a slower pace of easing next
Dollar Jumps to a 2-Year High on a Hawkish Fed
1734563003 from NASDAQ
The dollar index (DXY00 ) Wednesday rose by +1.04% and posted a 2-year high. The dollar rallied Wednesday after the FOMC signaled only 50 bp of interest rate cuts next year, down from a September projection of 100 bp of rate cuts. The dollar also moved higher after the FOMC...
Dollar Slightly Higher Before Fed Rate Decision
1734544360 from NASDAQ
The dollar index (DXY00 ) today is trading slightly higher on speculation the Fed will signal a pause in its rate-cutting cycle after cutting rates by -25 bp today. Higher T-note yields today are also supportive of the dollar. Today’s US housing news was mixed for the dollar, but a...