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Column-Dollar won’t fall as rest of world won’t let it: Mike Dolan By Reuters
Written by Mike Dolan LONDON (Reuters) - The dollar had its best week in two years, showing once again how risky it is to bet against the greenback if the rest of the world doesn't let it slide. The DXY index, which measures the value of…
RBNZ Slashes Rates by 50 bps, Signals Further Easing Ahead
The Reserve Bank of New Zealand (RBNZ) has cut its official cash rate (OCR) by 50 basis points to 4.75%, marking a major shift in its monetary policy stance. The move, while widely expected by markets (as discussed in our events guide),…
Forexlive Americas FX news wrap 9 Oct: Dollar, yields and stocks move higher ahead of CPI
The Reserve Bank of New Zealand cut interest rates by 50 basis points causing the New Zealand dollar to fall against all major currencies. The largest decline was against the US dollar by -1.32%, and the US dollar was the strongest among…
US stock gains after Fed minutes By Investing.com
Investing.com - US stocks rose on Wednesday, as investors continued to digest clues about interest rates from the Federal Reserve.
At 3:24 PM EST (19:24 GMT), the stock was up 409 points, or 1%, gained 0.6%, and added 0.5%.
Fed meeting…
Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com
Investing.com - The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell.
At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other…
What did a few, some, several, many, etc Fed officials agree on in the Fed minutes
1. A littleA few respondents noted that companies remained reluctant to lay off workers after having difficulty obtaining employees earlier in the post-pandemic period.A few participants also added that a 25 basis point move could indicate…
US dollar edges up to two month highs as Fed, CPI eyed By Reuters
Written by Alden Bentley NEW YORK/LONDON (Reuters) - The U.S. dollar rose on Wednesday ahead of the release of records of the Federal Reserve's decision in September to cut interest rates by 50 basis points, reflecting confidence that the…
European equity close: Strong bounce with the DAX leading the way
High risk warning:
Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before…
Morocco stocks higher at close of trade; Moroccan All Shares up 0.92% By Investing.com
Investing.com - Moroccan stocks rose after the close on Wednesday, as gains in sectors led stocks higher.
At the end of trading in Casablanca, the stock rose by 0.92%.
The best performers of the session were Realis. Mechanics (CSE:) stock…
Buy the Aussie dollar on Chinese support
Investing.com - Investors should look to buy the Australian dollar, according to HSBC, as the currency has three crucial tailwinds.
The first, and perhaps most important, factor likely to support the dollar is policy support from China,…
