Dow Jones Industrial Average Stumbles as Software Sector Plunge Undermines Robust Jobs Report
NEW YORK – The Dow Jones Industrial Average surrendered its early session gains on Friday, closing in negative territory as a severe sell-off.
Economic data
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Forex News
USD/CAD Exchange Rate Surges Amidst Critical USMCA Concerns and Robust US Labor Data
The USD/CAD currency pair experienced significant upward momentum this week, climbing to multi-month highs as renewed USMCA trade concerns converged with unexpectedly strong.
Crypto News
CME FedWatch Reveals Stunning 94% Probability Fed Will Hold Rates Steady in March
Financial markets now overwhelmingly expect the Federal Reserve to pause its monetary policy adjustments, as the latest CME FedWatch Tool data reveals a.
Forex News
GBP/USD Trims Critical Gains After Blowout NFPs Temper Fed Cut Bets
LONDON, January 10, 2025 – The GBP/USD currency pair surrendered significant early gains during Friday’s trading session after unexpectedly strong US employment data.
Forex News
EUR/USD Plunges: Upbeat US Jobs Data Crushes Fed Rate-Cut Expectations
The EUR/USD currency pair experienced a sharp, albeit brief, decline on Friday, March 7, 2025, following the release of unexpectedly robust US employment.
Forex News
GBP/USD Stumbles: Critical Retreat from 1.3700 Highs Ahead of Pivotal NFP Data
LONDON, March 7, 2025 – The GBP/USD currency pair, commonly known as ‘Cable,’ has notably eased from its weekly peaks above the 1.3700.
Forex News
EUR/USD Retreats Strategically as Markets Brace for Critical US Payrolls Report
Global currency markets witnessed a significant pullback in the EUR/USD pair during early 2025 trading sessions, as institutional investors strategically repositioned ahead of.
Crypto News
CME FedWatch Reveals Stunning 78.3% Probability of Fed Rate Hold in March FOMC Meeting
Financial markets currently signal a strong consensus for unchanged monetary policy, as the CME FedWatch tool reveals a 78.3% probability that the Federal.
Forex News
EUR/USD Holds Critical Highs as Markets Brace for Pivotal Nonfarm Payrolls Release
Global currency markets entered a state of suspended animation on Thursday, with the EUR/USD pair consolidating near multi-week highs as traders worldwide await.
Forex News
US Nonfarm Payrolls Reveal Crucial Modest Job Gains in January 2025
WASHINGTON, D.C. — January 31, 2025 — The latest US Nonfarm Payrolls report reveals modest job gains for January, providing crucial insights into.