USDCHF hits highest since May 2025 after SNB holds rates
The SNB held rates at 0% and modified its intervention stance; USDCHF climbed to its highest since May 2025.
The SNB held rates at 0% and modified its intervention stance; USDCHF climbed to its highest since May 2025.
Fed's Hammack says inflation risks are tilted upward, supply shocks challenge policy.
The dollar rises and bond yields pressure stocks as traders await Trump-Xi talks. Yields near multi-year highs.
Fed's Williams says another rate hike this year is 'reasonable' and inflation is the biggest obstacle.
Strong economic data can sometimes hurt stocks if it raises inflation fears and prompts tighter monetary policy.
Berkshire Hathaway's $359.2 billion cash pile has yet to show a higher yield from the Fed's September rate hike.
The Trump administration is exploring a stablecoin initiative to attract foreign capital into US debt, potentially easing financing of the $40 trillion…
Bloomberg says the Trump administration may use joint ventures to boost overseas demand for dollar stablecoins and US debt.
The US Treasury's 5-year note auction priced at 5.033%, the highest yield since 2006, as demand weakened, pressuring risk assets like bitcoin.
Goldman cut its end-2026 gold forecast to $4,650/oz from $4,900, kept $5,400 target for 2027, citing central bank buying.
US stocks fell Wednesday with the Russell 2000 and Nasdaq leading losses as Treasury yields surged.
US services PMI at 58.7 beats 56.0 forecast, sending 10-year yields above 5% and boosting the dollar.
US Treasury yields hit multi-year highs as strong growth and sticky inflation pressure the Fed. Stocks fell sharply.
European stocks fell Wednesday as rising bond yields on both sides of the Atlantic weighed on sentiment.
US dollar rises as Treasury yields climb and odds of another Fed rate hike increase.