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News 2026-10-06 21:00 UTC

Euro currency futures rally as U.S. dollar drops.

Euro currency futures rallied off multi-month lows, climbing to 1.1260 as declining rate hike expectations weighed on the U.S. dollar. Probability of an October rate hike fell below 20%, easing pressure on foreign currencies. Despite the rebound and a drop in Euro CVOL, speculative positioning showed traders holding th

News 2026-10-05 05:33 UTC

Stock Rally Extends as Fed Bets Ease, Euro Drops - Asia Market Wrap

Global stocks extended gains into Asia while Treasuries rose after softer US jobs data reduced pressure on the Fed to keep raising rates. MSCI’s Asia-Pacific index gained around 1% following a tech-led rally on Wall Street, while Japan’s Nikkei 225 climbed about 2%. Oil prices slipped, with Brent falling around 0.5% to