European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
The U.S. dollar is set for its strongest weekly performance in nearly three years, rallying after President Donald Trump announced steep new tariffs on dozens of trade partners. The dollar index climbed to 100.10, surpassing the key 100 mark for the first time since May 29.
The Japanese yen slumped to a four-month low, trading at 150.64 per dollar, following the Bank of Japan’s signal that it is in no rush to resume interest rate hikes. The euro also weakened, hovering near $1.1420, its lowest level since June 10, pressured by what markets view as an unfavorable trade agreement with Washington.
Trade tensions extended to other currencies. The Swiss franc fell 0.26% to 0.8120 per dollar after the U.S. imposed a 39% tariff on Swiss imports, up from the previously suggested 31%. Canada’s dollar dropped to C$1.3872, its weakest since May 22, after being hit with a 35% levy—higher than the earlier threatened 25%.
Despite Trump’s public criticism of Federal Reserve Chair Jerome Powell and repeated calls for aggressive rate cuts, the dollar’s momentum remained intact. Analysts note that tariff-driven volatility is now largely priced in, with further gains possible in the near term.
“The big move of the week has really been the euro getting rerated downwards,” said Mike Houlahan of Electus Financial, adding that the EU-U.S. trade deal presents another headwind for the euro.
With global trade tensions intensifying and monetary policy diverging, the dollar’s resilience underscores its role as a safe-haven currency amid market uncertainty.
