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USD: Dollar set for biggest weekly jump since May

  • 4 min
The US Dollar is poised for its largest weekly gain since May as expectations of early rate cuts dwindle. Its strength has impacted the euro, despite easing inflation pressure on the European Central Bank. Data supports the dollar’s momentum, and there's anticipation for influencing payrolls report later in the day. The Euro saw a sharp decline, reflecting uncertainty about ECB policy and inflation.
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Hamas battling Israeli troops in and around Gaza’s biggest cities

  • 1 min
In Gaza, the Palestinian group Hamas clashed with Israeli forces on Friday as Israel continued its offensive. The conflict has resulted in a death toll exceeding 17,000 in Gaza, primarily affecting women and children. Palestinian poet Refaat Alareer, known for writing in English, was killed in an Israeli strike. Israeli forces claimed to have surrounded major urban centers to eliminate Hamas, but resistance fighters persist.