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The dollar index slipped below 98.1 on Tuesday, touching its lowest level in more than two months, as traders continued to bet that the Federal Reserve has room to cut the fed funds rate again next year. The delayed economic data did little to change investor expectations for up to two additional rate cuts in 2026. The jobs report showed the US economy added 64K jobs in November, above the 50K forecast, while the unemployment rate unexpectedly rose to 4.6%, its highest level since 2021, signaling a cooling labour market. Meanwhile, retail sales were flat overall, weighed down by declines at auto dealers and gasoline stations, although spending remained firmer across several other categories. The dollar weakened primarily against the British pound and the Japanese yen, and also edged lower versus the euro. The ECB is expected to keep rates unchanged this week while the BoE is widely anticipated to cut borrowing costs by 25 bps, and the BoJ is set to raise interest rates. 🤔

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Global markets tumble as US jobs data shows rising unemployment. $SOL Global equity markets tumbled Tuesday as investors braced for the long-awaited US November employment report, while persistent concerns about artificial intelligence valuations weighed on technology stocks across trading sessions. Japan's Nikkei 225 fell 1.6% to 49,383.29, while Hong Kong's Hang Seng declined 1.5% and China's Shanghai Composite dropped 1.1%. The selloff in Asian markets reflected mounting caution ahead of critical US economic data that could shape the Federal Reserve's interest rate trajectory in 2026. European markets opened mixed but largely lower, with investors rotating into defensive sectors like healthcare and utilities while technology and industrial shares lagged. The Euro Stoxx 50 showed modest gains of 0.6% early in trading, though broader sentiment remained fragile.

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$BTC will fake pump for few days before going down again.

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$ZEC Decided to "open long" on ZECUSDT. Didn't realize I was opening a portal to the moon! 🚀🌕😂😂 #ZEC🔥🔥🔥

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Latest News

Bitcoin(BTC) Surpasses 88,000 USDT with a 1.12% Increase in 24 Hours

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Tether Plans to Launch Pear Operating System

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