The US Dollar surged to a fresh 26-month high after US Nonfarm Payrolls (NFP) surged in December, devastating market hopes for more Federal Reserve (Fed) rate cuts in 2025. Investors will pivot to ...
The Federal Reserve recently released the Q3-2024 Distributional Financial Accounts, providing a more in-depth look at how ...
The dollar rallied as U.S. December payrolls blew past the consensus estimate. The data raise the risk of the euro falling to parity against the dollar as early as this month, Monex said.