forex news today time|Page 31 | EBC Financial Group

2024-12-24

The yen weakens amid rising inflation and economic uncertainty in Japan, while the dollar strengthens, driven by a hawkish Fed outlook.

Stagflation may lie ahead for sterling

2024-12-23

Sterling neared a one-month low as UK-US policy gap narrowed, with the Fed’s hawkish tone surprising markets, partly due to Trump’s unpredictability.

Oil prices are set to fall for a second year

2024-12-20

Oil prices steadied on Friday, set for a weekly loss, as the Fed and ECB's cautious stance fueled global economic concerns.

PCE price index Nov - Low-income groups face inflation

2024-12-20

The October PCE price index rose 2.3% YoY, as expected. Excluding food and energy, core inflation climbed 2.8% compared to last year.

Powell has not killed the bull market

2024-12-19

US stocks plunged, with the Dow Jones hitting a record low. Many strategists see potential for further gains, while Tesla's stock hit a new high.

Gold licks wounds after Fed turns hawkish

2024-12-19

Gold rallied over 1% on Thursday in early Asian hours, ahead of a key inflation report, with a 30% gain year-to-date, outpacing US stocks.

FOMC - Inflation exceeds the 2% target

2024-12-18

The market expects a Fed rate cut Thursday, with inflation above 2%, softening the rate-cut logic and influencing next year's decisions.

European stocks see peak negativity

2024-12-18

Europe's STOXX 50 was flat on Tuesday as negative data shocks eased. Eurozone Q3 GDP growth accelerated from 0.2% to 0.4%, partly due to one-offs.

Euro on the back foot on wider spreads

2024-12-17

The dollar held near recent highs, while the euro stayed at a yearly low. The gap between 10-year Treasury and Bund yields widened by 70 bps.

Aussie struggles on less hawkish RBA

2024-12-16

The Australian dollar stayed near a 13-month low on Monday as new RBA rate-setter appointments sparked concerns over interest rate changes.

Trump has made loonie petty

2024-12-13

The Canadian dollar hit a 4-1/2-year low as US bond yields widened. The Bank of Canada cut rates to 3.25% amid slower economic growth.

Euro remains shaky on political uncertainty

2024-12-13

Sterling fell against the euro but remained at a two-year high. BOE's Megan Green said US tariffs may hurt the eurozone, with unclear impact on the UK.

Oil prices little affected by fresh EU sanction

2024-12-12

Oil prices were steady in early Asian trade as weak demand and higher US inventories outweighed EU sanctions on Russia.

US CPI Nov - October inflation surged, affecting policy

2024-12-11

October inflation rose as expected, according to the Bureau of Labor Statistics, with core consumer prices also aligning with forecasts.

Gold bulls gain confidence from Chinese buying

2024-12-11

Gold prices hit a two-week high, fueled by rising geopolitical tensions, PBOC buying, and expectations of a third Fed rate cut.