Dollar Index Hits Seven-Week Low After Fed Rate Cut
The dollar index dropped to 98.5, its lowest in seven weeks, after the Fed's dovish stance and rate cut, signaling potential future cuts.
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The dollar index dropped to 98.5, its lowest in seven weeks, after the Fed's dovish stance and rate cut, signaling potential future cuts.
Australian stocks rose 0.7%, supported by gold and mining, reaching a two-week high amid a decline in employment.
Japanese stocks stabilized with mixed performance in the technology sector following the U.S. interest rate cut and a decline in Oracle shares.
UK house price balance improved to -16% in Nov 2025, despite London’s decline to -44%. Optimism grows in most regions.
FTSE 100 rose 0.1%, ending a three-day decline, led by HSBC and BAT gains. Berkeley Group remains optimistic despite revenue drop.
The German DAX index closed at 24,130, ending a four-session rise, as investors took profits ahead of the Fed's decision.
The Canadian dollar rises above 1.39 USD as jobless rate drops to 6.5%, prompting potential pause in rate cuts by the Bank of Canada.
Hong Kong stocks fell 0.5% to a two-week low, pressured by Wall Street declines and weak Chinese data, despite some positive signals.
Chinese stocks fell for the second session as inflation rises, limiting stimulus hopes; Shanghai down 0.7%, Shenzhen down 0.6%.
China's PPI fell 2.2% YoY in Nov 2025, marking 38 months of decline, worse than expected, amid weak demand and price competition.
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