The U.S. dollar advanced on Thursday after new data showed fewer Americans filed for unemployment benefits than expected, reinforcing market expectations that interest rates will remain unchanged for several more months. Figures released by the Labor Department showed initial jobless claims fell to 198,000 in the week ended January 10, well below forecasts, signaling continued […]
The U.S. dollar traded in a narrow range against major currencies as investors positioned cautiously ahead of a heavy slate of labor market data expected to shape near term rate expectations. Currency markets showed limited conviction, reflecting uncertainty over whether recent economic signals point to cooling momentum or persistent inflation risks. Softer job openings data […]
U.S. equity markets traded unevenly as investors stepped back from a powerful rally fueled by artificial intelligence optimism and shifted focus toward incoming labor market signals. Major indexes hovered near record territory, but momentum softened as traders weighed fresh data against stretched valuations. The Dow Jones Industrial Average drifted lower from its recent highs, while […]
