Dollar down as US rate cut bets rise, yen surges

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar sank to a near 7-month low against a basket of peers on Monday, and sold off sharply against the euro…

Crypto Selloff: Market Chaos as Bitcoin and Ethereum Drop

The cryptocurrency world recently faced a major upheaval with a crypto selloff that has sent shockwaves through the market. This dramatic event saw significant declines in the values of top…

Mexican peso leads global currency losses on US recession fears

MEXICO CITY (Reuters) – The depreciation of Mexico’s peso extended into its third day on Monday, leading declines in global currencies against the U.S. dollar on concerns the U.S. economy…

Debby slams Florida’s Gulf Coast, threatening Southeast with a week of rain

By Rich McKay (Reuters) -Hurricane Debby made landfall as a Category 1 storm in the Big Bend region of Florida’s Gulf Coast on Monday morning and began a slow crawl…

Nikkei Stock Market Crash Sparks Global Panic

The recent Nikkei Stock Market Crash has sent shockwaves through financial markets worldwide, causing significant concern among investors. This unprecedented event, marking the worst day for Japan’s stock market since…

Oil drops as US recession fears spark broader selloff

By Florence Tan SINGAPORE (Reuters) – Oil prices hovered at eight-month lows on Monday as fears of a recession in the United States, the world’s top oil consumer, offset concerns…

eToro and Exness Lead on Social Media: 5.1 Million Followers Push Trading Dominance

In the world of retail trading, brokers are increasingly leveraging social media platforms like Facebook and X (formerly known as Twitter) to enhance their visibility and engage with potential clients.…

MarketAxess Posts 24% Increase in July Trading Volume

MarketAxess posted a significant improvement in July, with a notable 24% increase in total trading volume, driven by remarkable growth in US high-grade and Eurobonds. The electronic trading platform reported…

Debby slams into Florida’s Gulf Coast as Category 1 hurricane

By Rich McKay (Reuters) -Hurricane Debby made landfall as a Category 1 storm in the Big Bend region of Florida’s Gulf Coast on Monday morning and began a slow crawl…

Dollar slumps on recession fears; yen, Swiss franc benefit

Investing.com – The U.S. dollar fell sharply Monday on concerns over U.S. economic growth, with the Swiss franc and the Japanese yen seeing strong safe-haven demand.   At 08:45 ET (12:45…