The dollar advanced after a drop in the prior session while the euro edged lower on Monday, as market moves were being dictated by recent global central bank meetings that set expectations for diverging rate cut paths next year.

The Federal Reserve cut interest rates by 0.25% on December 18, but an interest rate cut is unlikely when the Fed issues its next policy decision on January 29.

President-elect Donald Trump plans to launch a mass deportation operation targeting millions of immigrants living in the U.S. illegally and with temporary protections once he takes office on Jan. 20, a challenging initiative that could split apart families and affect U.S. businesses.

Inflation in the U.S. showed signs of cooling in November as price increases slowed sharply after two months of gains.

The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing some concerns about the pace of U.S. rate cuts next year, while the yen loitered near 156 per dollar,

Brazil economists raised their forecasts for inflation and borrowing costs in 2025 after central bankers reinforced their commitment to extend jumbo interest rate hikes into early next year.

The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.

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Mexico’s annual inflation slowed slightly less than expected in early December as the central bank extends its interest rate cuts.

However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Inflation has been ticking up in recent months, leading Federal Reserve policymakers to dial back their expectations for rate cuts next year. This has pushed ...

Singapore's key consumer price gauge rose 1.9% in November on a yearly basis, lower than economists' forecasts and the smallest rise in nearly three years, official data showed on Monday.

Stocks signaled another rough day of trading on Friday after the House of Representatives voted against a Trump-backed spending bill.