Wall Street Journal Markets News feed

Diversification seems to be paying off this year.

The dollar rose against a basket of currencies as it continues to get support from the scaling back of interest-rate cut expectations.

The dollar weakened after President Trump said he will impose a 10% global tariff under a different authority in the wake of the Supreme Court’s tariff ruling.

The dollar strengthened as interest rates in the U.S. look increasingly likely to remain unchanged for the next few months.

Stock indexes edged higher while global benchmarks also rose. Several major Asian markets were closed for Lunar New Year holidays.

The DXY dollar index extended gains after U.S. durable goods orders exceeded expectations.

Dexus Chief Executive Ross Du Vernet believes the AI boom is more likely to put back-office jobs at risk and said those roles typically aren’t located in the central business districts of cities such as Sydney, Melbourne and Brisbane.