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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.
Gold Rises After Strong U.S. Jobs Data
Gold prices gained further amid uncertainties over the impact of future U.S. policy on the economy and inflation, even after the latest jobs report supported the case for a slowdown in interest-rate cuts.
Treasury yields jump after stronger-than-expected U.S. jobs report
Treasury yields were climbing Friday as investors weighed a jobs report that was stronger than Wall Street expected. The yield on the 10-year Treasury note was up about 10 basis points at around 4.78%,
Dollar holds onto gains ahead of US jobs data; sterling slips
The dollar looked set to log a sixth straight week of outperformance against other currencies on Friday, underpinned by elevated bond yields and expectations of another strong set of U.S. job numbers,
Treasury Yields Jump After Strong Jobs Data
U.S. Treasury yields gained, led by shorter-term maturities, as investors further reduced bets on rate cuts this year after a surprisingly strong December jobs report.
Stocks Open Lower as Bond Yields Rise After Strong December Jobs Data
Stocks opened lower on Friday after strong U.S. jobs data sent bond yields spiking. The Nasdaq Composite was down 1.9%. The Labor Department said the U.S. economy added 256,000 jobs in December, which was well ahead of economists' expectations at 153,
US dollar rebounds after strong jobs data
The 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.
1h
Stocks drop, dollar up after US jobs data dashes rate expectations
The dollar rallied, while U.S. stocks fell sharply on Friday after data showed the U.S. economy created far more jobs in ...
1d
on MSN
Here's why the US dollar is 'priced to perfection' — and why it could move even higher
The US dollar (DX=F, DX-Y.NYB) extended its rebound on Wednesday, adding to gains after the currency was on track for a ...
3d
Dollar tumbles on report of watered-down tariffs despite Trump pushback
"Welcome to the age of Trump 2.0," ING Economics said of the whiplash in the dollar following a Washington Post report and ...
3d
Stock market today: Stocks surge and the dollar drops as traders try to shake off a tough start to the year
Donald Trump hit back on The Washington Post report on Truth Social, saying his tariff policies won't be watered down.
India Today on MSN
5h
Rupee hits all-time low, nears 86 mark against US dollar
Closing at 85.9650, the rupee marked its tenth consecutive weekly loss, slipping 0.2% this week amid a strong dollar and persistent capital outflows.
3d
on MSN
America's stock-market boom will end in 2025 as markets punish the US for its yawning deficits, Rockefeller chairman says
The market expert Ruchir Sharma says that the stock market's momentum looks likely to sputter in 2025 and that it could ...
13h
Winners and losers from the Aussie dollar’s near five-year low
There’s something strange going on with the currency. Expect expensive overseas trips, takeover activity, more foreign buyers ...
The Daily Star
21h
Buoyant dollar keeps peers under pressure
The US dollar charged ahead on Thursday, underpinned by rising Treasury yields, putting the yen, sterling and euro under ...
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