Federal Reserve

Dollar steadies as Iran tensions offset soft inflation data

The US dollar held broadly steady on Wednesday after renewed American military strikes on Iran provided safe-haven support that offset a sharp selloff triggered by softer-than-expected inflation data the day before. The greenback had posted its biggest single-day decline in…

Euro rises as soft US inflation data sends dollar lower

The euro climbed against the US dollar on Tuesday after a cooler-than-expected US inflation report prompted traders to scale back expectations for further Federal Reserve rate increases, sending the greenback to its lowest level in weeks.

Gold surges after June CPI posts steepest drop since 2020

Gold rallied sharply on Tuesday after a cooler-than-expected U.S. inflation report weakened the dollar and revived hopes that the Federal Reserve could hold off on further rate hikes. Spot gold rose more than 1% to around $4,046 per ounce in…

Bitcoin slides as U.S.-Iran strikes send oil surging

Bitcoin fell more than 2% in early Asian trading on Monday as oil prices surged following a fresh round of U.S. airstrikes on Iran, reigniting inflation fears and dampening appetite for risk assets across global markets.

Economists cut recession odds but raise inflation outlook

A convergence of supply shocks, geopolitical conflict, and technology-driven demand is keeping inflation elevated worldwide, frustrating hopes that price pressures would ease in the second half of 2026.

Bitcoin holds near $64K as U.S. strikes Iran, Hormuz closed

Bitcoin traded in a narrow range around $63,850 on Saturday, showing muted reaction even as the United States launched its most extensive round of strikes against Iran and Tehran declared the Strait of Hormuz closed to shipping.

Euro sinks near multi-month lows as Fed hawks widen yield gap over ECB

The euro is treading water near $1.14 against the dollar, its weakest level since mid-March, as a hawkish Federal Reserve under new Chair Kevin Warsh continues to outpace the European Central Bank in tightening expectations, keeping the greenback's yield advantage…

Dollar slides as Trump agrees to resume Iran talks

The US Dollar Index fell on Friday, extending its losing streak to a third consecutive session, after President Donald Trump said the United States had agreed to Iran's request to continue negotiations, boosting risk appetite and reducing demand for the…

Oil prices fall despite near-halt in Hormuz tanker traffic

Crude oil prices fell on Thursday despite a fresh escalation in hostilities between the United States and Iran, as traders weighed demand destruction risks from persistent inflation against supply disruption fears in the Strait of Hormuz.

Silver slides below $60 as US-Iran strikes and hawkish Fed minutes rattle markets

Silver prices tumbled on Tuesday and Wednesday as the United States launched two consecutive nights of airstrikes against Iran, driving investors into the dollar and pushing Treasury yields higher — a combination that pressured the non-yielding metal below $60 per…

Fed minutes reveal deep rate divide as yen holds near 40-year lows

The Japanese yen is trading near 40-year lows against the U.S. dollar, hovering around 162 per dollar as of this week, after breaching that level on June 30 for the first time since December 1986. The decline has been driven…

Gold drops sharply as hawkish Fed minutes fuel rate hike fears

Gold prices fell sharply on Wednesday as the release of hawkish Federal Reserve meeting minutes, a stronger U.S. dollar, and elevated Treasury yields combined to push the metal to its lowest level in over a week.

Oil surge after U.S. strikes on Iran revives Fed rate hike bets

Fresh U.S. military strikes on Iran and the collapse of a fragile ceasefire sent oil prices surging on Wednesday, reigniting inflation concerns on Wall Street and prompting traders to raise their bets on a Federal Reserve interest rate increase in…

Gold drops to one-week low as dollar surges on renewed Iran strikes

Gold prices fell to their lowest level in nearly a week on Wednesday, pressured by a firmer U.S. dollar and renewed geopolitical tensions that boosted oil prices and stoked inflation concerns, as investors braced for the release of the Federal…

Dollar climbs to weekly high as US resumes Iran strikes

The U.S. dollar climbed to its highest level since July 2 on Monday, with the dollar index trading at 101.18 as investors sought safety amid a fresh round of U.S. military strikes on Iran and continued threats to shipping through…

Dollar holds near 101 as Hormuz attacks stoke safe-haven demand

The US Dollar Index was trading around 100.95 on Tuesday, struggling for clear direction as safe-haven demand from renewed hostilities in the Strait of Hormuz clashed with expectations that the Federal Reserve will hold rates steady. The index has remained…

British pound hits three-week high as weak US jobs data weighs on dollar

The British pound extended its rally against the US dollar on Tuesday, trading near $1.34 and touching its highest level in three weeks as markets continued to scale back expectations for a Federal Reserve interest rate hike following a disappointing…

Gold falls as Iranian missile strike on Hormuz tanker boosts dollar

Gold prices fell on Tuesday after a tanker was struck by a projectile in the Strait of Hormuz, reigniting energy-driven inflation fears and pushing the U.S. dollar higher against rival currencies. The attack erased gains from the prior week, when…

Bullish bets on the dollar hit highest level since 2015

Global traders have turned the most optimistic on the US dollar since 2015, with net long positions approaching $40 billion as of June 30, according to data from the Commodity Futures Trading Commission released on July 6. The buildup reflects…

Yen hovers near 40-year low as intervention fears mount

The Japanese yen traded near a four-decade low on Monday, hovering around 161.57 per dollar as the wide interest rate differential between the United States and Japan continued to weigh on the currency despite the Bank of Japan's recent rate…

Iran war to keep global interest rates elevated through 2028, Bloomberg Economics warns

The war between the United States and Iran may have ended with a tentative deal last month, but the conflict's economic aftershocks will linger far longer than the fighting itself. Bloomberg Economics warned on Saturday that the trajectory of interest…

Major banks say ‘peak hawkishness’ has passed as oil falls to pre-war levels

The reopening of the Strait of Hormuz and the subsequent collapse in crude oil prices are reshaping the global monetary policy outlook, with major banks arguing that the worst of this year's hawkish repricing is now behind markets.

Euro snaps two-week slide as weak US jobs data weighs on dollar

The euro edged higher on Friday, extending gains for a second consecutive session and positioning itself to end a two-week losing streak against the dollar, after a sharply disappointing U.S. jobs report dampened expectations for near-term Federal Reserve tightening. However,…

Emerging-market stocks rally as soft U.S. jobs data weakens dollar

Emerging-market equities rallied on Friday as a weaker-than-expected U.S. jobs report pulled the dollar toward its steepest weekly decline since April, easing pressure on developing-world assets that had been battered by Federal Reserve rate-hike fears.

Europe’s STOXX 600 hits record high, heads for best week since May

Europe's STOXX 600 briefly touched a record high on Friday and was on track for its largest weekly gain since mid-May, as softer U.S. employment data eased fears of near-term Federal Reserve rate hikes and a broadening rally lifted cyclical…

Asian stocks rally as weak U.S. jobs data eases rate-hike fears

Asian equity markets rallied on Friday as investors snapped up battered technology stocks following a weaker-than-expected U.S. jobs report that eased fears of a near-term Federal Reserve interest rate hike. Seoul's Kospi surged 5.8% to close at 8,088.34, clawing back…

Silver surges past $61 as weak June jobs report dims Fed rate hike bets

Silver prices rallied sharply on Thursday after the US economy added far fewer jobs than expected in June, weakening the dollar and reducing bets that the Federal Reserve will raise interest rates in September. The precious metal climbed above $61…

European shares surge after weak US jobs data eases rate hike fears

European equities rallied sharply on Thursday after a weaker-than-expected US jobs report tempered expectations for Federal Reserve interest rate hikes, helping markets shake off earlier pressure from a global selloff in artificial intelligence stocks.

Fed’s Warsh vows to hold firm on 2% target as yen plumbs 40-year low

Asian share and bond markets opened the third quarter on a guarded note on Wednesday as the Japanese yen sank to fresh four-decade lows, U.S.-Iran diplomatic efforts faltered, and Federal Reserve Chair Kevin Warsh reinforced his hawkish stance from Portugal.

European shares slip as U.S.-Iran talks stall

European shares slipped on Wednesday, pausing after a strong second-quarter finish as investors grew cautious over signs that peace talks between the United States and Iran have hit a fresh impasse, while expectations of further interest rate increases from major…