From Investing.com: 2025-03-21 07:09:00

The Dollar continues to gain strength as Fed signals no rush to cut rates, with focus on speeches by Goolsbee and Williams. SNB cuts interest rates due to global trade uncertainty, while BoE holds rates steady. Wall Street retreats after initial gains, while oil rises above $67 on Iran sanctions. Stocks pull back as trade concerns remain, gold hits record high before retreating. Oil prices increase after US sanctions on Iran, OPEC output cuts support prices. Fed Chair Powell emphasizes solid economic data, easing recession fears. BoJ Nationwide CPI remains above 2% target, yen weakens.



Read more at Investing.com: US Dollar Extends Gains; SNB Cuts, BoE Stands Pat