US dollar firms as strong jobs data supports Fed easing pause
The U.S. dollar rallied on Friday after data showed the world's largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve will pause its rate-cutting cycle at its policy meeting later this month.
U.S. Stocks Close Sharply Lower As Strong Jobs Data Raises Interest Rate Concerns
U.S. stocks tumbled on Friday due to heavy selling across the board as buoyant non-farm payroll data raised concerns that the Federal
Strong US jobs report sends stocks sliding, dollar rising
Wall Street stocks slumped and the dollar climbed on Friday as a robust US jobs report dimmed hopes of further interest rate cuts.
US dollar bounces back as strong jobs data backs Fed rate-cut pause
The U.S. dollar rallied across the board on Friday after data showed the world's largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve will pause its rate-cutting cycle at its policy meeting later this month.
US Stocks Fall As Strong Jobs Report Pushes Up Bond Yields
US stocks opened lower Friday, as US job gains did far better than expected, pushing up bond yields on fears that interest rates would remain higher for longer.
Stock markets drift lower as US jobs data looms
Equities fell Friday as traders prepared for the release of US jobs data that could play a key role in the Federal Reserve's decision-making on interest rates, with several officials
Dollar climbs for 3rd straight session, sterling weakness continues
The U.S. dollar strengthened for a third straight session on Thursday as Treasury yields dipped but held at elevated levels ...
Why investors should watch the dollar as markets make sense of Trump’s tariff plans
It had seemed like nothing could stop the U.S. dollar from marching higher. Then a headline about President-elect Donald ...
Dollar dominance means tariffs are not the only game in town
After all, as a new report from the Global Capital Allocation Project (a joint hub between Stanford, Chicago and Columbia universities) notes, it is China that actually has hegemonic power over global ...
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central ...
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
The U.S. dollar is likely to keep strengthening this year, so American corporations should increase their hedges against a ...
What's Worth Buying at the Dollar Store – And What's Not
Retailers that offer deep discounts on desired products can save you a lot of money, but it's important to shop carefully.
Listen to Mac Miller's New Posthumous Song ‘5 Dollar Pony Rides'
Mac Miller‘s estate shared the lead single to the late rapper's upcoming posthumous album Balloonerism. "5 Dollar Pony Rides" ...
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Projected US Interest Rates in 5 Years: Just One Cut Expected in 2025
The Federal Reserve cut interest rates by 25 basis points in its final meeting of the year. The Fed aims to bring inflation ...