investingLive Americas FX news wrap 17 Dec: Stocks continue to fall. USD ends higher

Stocks continued to fall with the tech sector leading the decline. The USD ended higher, with USD/JPY up +0.65% to 155.71. GBP/USD fell -0.34% to 1.3375 after UK inflation data missed expectations. Silver surged 4.34%, oil rallied 2.92%, and gold gained 1%. Fed Governor Waller signaled the need for rate cuts amid a soft labor market. The Dow, S&P 500, Nasdaq, and Russell 2000 all posted losses.