The US dollar index eased to around 99.1 on Wednesday, giving back some of the previous session's gains as investors awaited a series of labor market reports that could shape the Federal Reserve's policy outlook.
Focus now turns to the ADP private payrolls report due Wednesday, followed by weekly jobless claims on Thursday and the closely watched May jobs report on Friday.
On Tuesday, JOLTs data showed job openings unexpectedly rose to 7.39 million in April, up from March's revised 7.2 million and well above the 7.1 million consensus forecast suggesting continued labor market resilience.
Fed officials largely support holding rates steady for now, citing trade policy uncertainty, despite pressure from President Trump for rate cuts.
The dollar weakened broadly, with the sharpest decline seen against the South Korean won following the election of opposition leader Lee Jae-myung as president, easing political uncertainty in the region.
Source: Trading Economi
The dollar index was little changed around 98.8 on Tuesday, as traders avoided making major moves ahead of the FOMC meeting, with the Federal Reserve widely expected to announce another 25-basis-point...
The dollar weakened on Tuesday ahead of a series of central bank meetings that are likely to lead to interest rate cuts in the US and as investors continued to monitor President Donald Trump's visit t...
The US dollar is moving steadily upward, still on track for a slight increase for the week. The market is awaiting the release of the delayed US inflation figures, and most market participants believe...
Dollar picks up slightly with CPI release in focus The U.S. dollar drifted higher Thursday as traders weighed up fresh trade threats between Washington and Beijing, ahead of the release of key inflat...
US Dollar (USD) consolidates within a narrow range as markets await September CPI and October PMI, while the ongoing US government shutdown adds pressure on growth and the Fed hints at year-end rate c...
Gold prices began to stabilize on Wednesday after three consecutive days of decline. The precious metal was trading around $3,950 per ounce, ahead of a crucial meeting between US President Donald Trump and Chinese President Xi Jinping. The market...
AU/USD drops 0.63% to $3,955 after rebounding from three-week lows under $3,900 Gold price drops 0.63% on Tuesday during the North American session with the yellow metal suffering from its safe-haven appeal as hopes of a de-escalation of the...
Oil prices slipped about 2% on Tuesday, marking a third straight day of declines as investors considered the impact of U.S. sanctions against Russia's two biggest oil companies on global supply, along with a potential OPEC+ plan to raise...
European stocks continued to strengthen on Monday, October 27, 2025, as markets grew more confident after the US and China announced they had a...
Federal Reserve policymakers are widely expected to reduce U.S. short-term borrowing costs this week by a quarter of a percentage point for the...
The European session on Tuesday, October 28, 2025, opened on a more cautious note. After consecutive rallies and a new record on the STOXX 600...
Top U.S. and Chinese negotiators said they reached a consensus on key disputes, paving the way for Presidents Donald Trump and Xi Jinping to meet...