The U.S. Dollar value edged higher on Tuesday as investors are bracing for the interest rate announcement by the U.S. Federal Reserve tomorrow while Middle East concerns persist with a breakthrough in U.S.-Iran peace efforts remaining elusive.
Consumer confidence in the U.S. has unexpectedly seen a substantial improvement in the month of October, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index jumped to 91.7 in October from an upwardly revised 84.2 in September.
A report released by the Commerce Department on Tuesday showed a modest pullback in new home sales in the U.S. in the month of September. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 676,000 in September after surging by 5.1 percent to a revised rate of 680,000 in August.
Largely reflecting a surge in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods shot up by more than expected in the month of September. The Commerce Department said durable goods orders jumped by 1.8 percent in September following a revised 0.1 percent uptick in August.
The euro weakened against other major currencies in the European session on Tuesday, amid risk-off mood by the investors as British banking giant HSBC posted disappointing earnings and French student leaders vowed to carry out further protests despite government concessions on education aimed at easing...
French consumer confidence declined to its lowest level in more than 13 years in October mid bond selloffs and expanding protests, signalling pressure on spending, survey results published by the statistical office INSEE showed Tuesday. The consumer confidence index fell to 80 in October from 85 in September.
The U.S. Dollar value inched higher on Monday with Middle East tensions rising after CNN reported that U.S. forces are preparing for a major operation against Iran. Traders also analyzed Iran's announcement of a Qatari delegation visiting Iran that kept up expectations for a diplomatic resolution to the crisis.
The U.S. Dollar retreated and the Dollar Index edged down during the week ended October 23 that witnessed renewed AI jitters and geopolitical tensions. Expectations of a monetary policy pause by the Federal Reserve kept the Dollar Index subdued. The debt-market-turmoil in Fance also weighed on currency market sentiment.
German business sentiment improved for the sixth straight month in October, underpinned by more optimistic expectations, monthly survey data from the ifo Institute showed Monday. The business sentiment index rose to 90.2 in October from 89.9 in the previous month, marking the highest score since May 2023.
The New Zealand dollar strengthened against other major currencies in the European session on Monday, as traders expect that the Reserve Bank of New Zealand (RBNZ) will deliver a rate hike later this week. Traders anticipate that the RBNZ will hike the Official Cash Rate 25bps at this week's meeting...
The U.S. Dollar value edged higher on Friday as crude oil prices continued to surge for the second day supported by concerns of a potential U.S.-Iran war. Oil-driven inflation worries have led to expectations of an interest rate hike in the U.S.
The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by far less than previously estimated in the month of October. The report said the University of Michigan's consumer sentiment index for October was upwardly revised to 48.0 from a preliminary reading of 46.3.
The euro area private sector softened to a four-month low in October as activity in France shifted back into contraction amid tightening financial conditions and rising political pressures, flash purchasing managers' survey data from S&P Global revealed Friday. The composite output index fell to 51.9 in October from 53.1 in the previous month, falling below the economist forecast of 52.7.
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday, amid growing expectations of a Reserve Bank of New Zealand (RBNZ) rate hike in the upcoming monetary policy meetings. Markets currently price in an 85% chance that the RBNZ will increase the Official...
UK retail sales declined more than expected in September as warm weather weighed on clothing and supermarket sales, data released by the Office for National Statistics showed on Friday. Retail sales decreased 0.4 percent in September, reversing a rise of 0.7 percent in August and exceeded economists' forecast of a 0.1 percent fall.
October 27, 2026 07:42 ET November brings a new lineup of FDA regulatory milestones that could influence biotech stocks. This video highlights five biotech companies to watch ahead of their upcoming FDA decisions, spanning potential treatments for sickle cell disease, psychiatric disorders, cardiovascular conditions, and cancer.
