US jobs growth of 172K in May surpasses forecasts, lifting rate-hike bets and the dollar index. The US Dollar Index climbed to 100.10 on Friday, recovering from a session low of 99.16. The move followed a May Nonfarm Payrolls report that showed 172K jobs added, exceeding t
The social media giant eyes raising tens of billions in equity to fund its $125–145 billion 2026 AI infrastructure push. Meta is weighing a stock offering of tens of billions of dollars to accelerate its artificial intelligence investments, following Google’s $85 billion e
NZD/USD slips to lowest level since April The New Zealand Dollar is heading for a 3% weekly loss. The decline comes after robust US payrolls data lifted the US Dollar. The NZD/USD pair trades around 0.5800, driven by fresh bids for the USD following solid U
Singapore Dollar expected to trade 1.5–2% above midpoint The Singapore Dollar Nominal Effective Exchange Rate is expected to hold firm within the policy band, supported by de-dollarisation and safe-haven flows. The Monetary Authority of Singapore tightened policy i
Gold is under heavy selling pressure, falling $143, or 3.2%, to $4,333. The sharp decline has pushed the price below its 200-hour moving average for the first time since October 2023, a development that shifts the near-term technical bias more firmly in favor of the seller
Technical equity outflows and policy shifts weigh on the Korean Won and Indonesian Rupiah despite supportive economic indicators and softer oil prices. The Korean Won and Indonesian Rupiah remain under pressure despite a decline in oil prices, which typically eases costs f
May Nonfarm Payrolls rose to 172K, nearly doubling the 85K estimate, fueling a sharp USD rally and Fed rate cut doubts. US Nonfarm Payrolls surged to 172K in May, far exceeding the 85K consensus forecast and reversing expectations of a cooling labor market. The print, revi
Swiss Franc falls as US Dollar gains on stronger-than-expected NFP report The Swiss Franc (CHF) weakens on Friday as the US Dollar (USD) outperforms its major peers following upbeat US labor market data. At the time of writing, USD/CHF is trading around 0.7955, climbing to
Stronger-than-expected US payrolls data lifts the Dollar, reducing Fed rate cut bets and pushing Treasury yields higher. The US Dollar surged against the Swiss Franc on Friday after May Nonfarm Payrolls rose by 172K, exceeding expectations and more than doubling the foreca
43% of Twenty-somethings Are Already Caregivers, but Hidden Costs Could Be Quietly Wrecking Their Retirement Quick Read - Nearly half of workers under 40 are active caregivers, draining savings during the years compounding delivers its greatest long-term retirement returns. -...<
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