Dollar gains, yen dips after U.S. jobs data release
NEW YORK >> The dollar rose in choppy trading today after data showed that U.S. job growth slowed in January but that the unemployment rate edged down to 4.0%, giving the U.S. Federal Reserve cover to hold off cutting interest rates until at least June.
The chair of the US Fed Board’s payments subcommittee, Christopher Waller, says he supports regulated stablecoins to help ...
Waller believes that stablecoins offer new avenues for payment systems and, with appropriate regulation, can solidify the dollar's use in global trade, finance, and investment activities. His comments ...
US jobs report in focus—can a strong payroll print extend USD’s rally? Watch key levels for GBP/USD and EUR/USD price action.
Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He noted the wide range of unknowns, including the duration, scale, and targets of ...
Fed officials made a unanimous decision to keep the overnight interest rate in the current 4.25%-4.50% range, putting the ...
Strong U.S. jobs data lifts the dollar as rate cut expectations fade. Will upcoming inflation data reinforce the Fed’s cautious stance? Read more.
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