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The dollar remains firmly in control, with the dollar index reaching its highest level since early November, even as its momentum shows signs of slowing. Markets have fully priced in a dollar-bullish U.S. administration, sustaining strong demand for the currency. Republicans securing control of the House has given Donald Trump a clear path to […]


The euro is sliding toward its yearly low against the dollar, driven by a robust greenback and heightened political uncertainty in Europe. Dealers report strong buying interest near the 1.05 level as the German ruling coalition’s collapse deepens concerns. Germany’s chancellor has announced a confidence vote for December 16, with elections scheduled for February 23. […]


Ethereum is pulling ahead of Bitcoin in the wake of Donald Trump’s 2024 presidential victory, with Ether (ETH) surging 4% in the past 24 hours and 14.1% over the last five days. In contrast, Bitcoin (BTC) has dipped 0.4% during the same period. Market analysts attribute Ethereum’s recent performance to the Republican administration’s anticipated support […]


The euro is finding renewed demand as recent economic data from the Eurozone exceeds expectations. Rising inflation figures and less dovish rhetoric from the European Central Bank (ECB) have bolstered confidence, with ECB President Christine Lagarde asserting that a Eurozone recession is unlikely in the near term. Elsewhere, the Japanese yen has seen a modest […]


Currencies showed early gains against the dollar today, driven by supportive eurozone data and higher inflation rates. However, as North American markets opened, investor sentiment shifted, leading to renewed demand for the U.S. dollar. U.S. employment data exceeded expectations but was counterbalanced by softer growth figures, leaving traders focused on the upcoming release of U.S. […]