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The dollar is strong because U.S. economic data is better than expected. This makes it less likely that the Federal Reserve will cut interest rates soon. The yen is weak after new tariffs from U.S. President Donald Trump. People are watching U.S. consumer spending data to see if the economy needs more help from the Fed.
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News and Media
Oil prices saw a slight increase on Friday. This is due to Ukraine's attacks on Russia's energy infrastructure. Moscow is restricting fuel exports. It is also close to cutting crude output. Brent and U.S. WTI crude futures both experienced gains. These benchmarks reached their highest levels since August 1. U.S. GDP increased more than expected.
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News and Media
The posts on his social media site showed that Trump's devotion to tariffs did not end with the trade frameworks and import taxes that were launched in August.
Category:
News and Media
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