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Dollar Rises to 2-Year High After Strong Data Dims Rate-Cut Prospects
The dollar hit fresh highs against several currencies, continuing its rise after Friday’s strong U.S. jobs data further dimmed prospects for Federal Reserve interest-rate cuts this year.
Stocks ease, dollar rises; upbeat US data drives rates rethink
Global stock indexes fell on Monday, while the U.S. dollar index hit its highest in more than two years, after last week's blowout U.S. jobs data prompted investors to weigh the possibility that the Federal Reserve may have finished cutting interest rates.
Gold Eases as U.S. Jobs Data Support Fed's Cautious Stance
Gold prices were edging lower in early trade after the latest U.S. jobs data reinforced the Federal Reserve's cautious stance on rate cuts this year, boosting the dollar. Futures were down 0.2% to $2,
1h
on MSN
The surging dollar will separate the winners and losers this earnings season
A stronger dollar is typically associated with higher dispersion during earnings season, Morgan Stanley's Mike Wilson says.
11h
Rising dollar pressures peers as further Fed cuts questioned
The dollar began the week on a strong note on Monday, leaving its peers languishing near multi-year lows after a blowout U.S.
2d
Investors Should Use Dollar Strength To Diversify Internationally
The high dollar and expensive US stocks offer a chance to investors to buy cheap overseas assets as the risk of a bond market ...
11h
on MSN
Strongest US dollar since 2022 bear market: 5 Things to know in Bitcoin this week
The Fed also faces a struggle to contain US dollar strength — a crypto headwind now at its highest since late 2022. Binance’s ...
2h
on MSN
Sterling extends slide as dollar rallies, gilt yields rise
The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about ...
1d
on MSN
NYC dollar-van driver fatally shot in chilling drive-by of second dollar van
A dollar-van driver was fatally shot when another dollar van rolled up beside him and someone fired a bullet at him in ...
1d
Stealth Fed Dollar Crisis Predicted To Spark A Bitcoin Price Boom To Rival Gold
Fear that inflation could return in 2025 has raised questions over the possibility of a stagflation scenario—predicted to ...
11h
Kenyan shilling stable vs dollar, LSEG data shows
Kenya's shilling was stable against the U.S. dollar on Monday, data from the London Stock Exchange Group showed.
1h
Man sentenced after attacking arresting officer at Dollar General in Norfolk
Kendall Deshawn Murphy was sentenced in Norfolk on Jan. 10 after assaulting an officer during his arrest for shoplifting at a ...
AMNY on MSN
1d
Brooklyn dollar van driver shot and killed, allegedly by competitor, in deadly dispute: cops
A Brooklyn dollar van driver is dead after a rival van driver pulled up alongside him in East Flatbush and allegedly opened ...
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