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Oppenheimer sees 32% upside in Block shares, upgrades to Outperform
Investing.com -- Oppenheimer analysts hiked their Block Inc (NYSE:SQ) stock rating to Outperform from Perform and set a new price target of $115, suggesting a 32% upside potential from the Wednesday closing price.Investing.com
Dec 20, 2024
US Dollar eases after Fed signals fewer cuts, Trump factor surfaces
The US Dollar Index (DXY), which tracks the USD's value against a range of currencies, pulls back from its two-year peak following signals from the Federal Reserve (Fed) about fewer interest rate cuts in the future.
Fxstreet
Dec 20, 2024
Australian Dollar rebounds from two-year lows as US Dollar rally pauses
The Australian Dollar rebounds from two-year lows of around 0.6200, buoyed by a pause in the US Dollar’s hawkish Fed cut-inspired uptrend. Although the Federal Reserve’s cautious tone on further cuts initially lifted the Greenback, the Aussie is finding relief as investors reassess growth prospects.
Fxstreet
Dec 20, 2024
Trump's US import tariff agenda making the Fed 'hawkish' - Macquarie
Investing.com -- The Federal Reserve’s rate cut by 25 basis points was accompanied by a higher inflation projection, on which the Macquarie analysts say with the hawkish tone was influenced not just by economic data but also by potential policy shifts under Donald Trump’s administration.
Forex Today: BoJ maintains status quo, BoE up next
Here is what you need to know on Thursday, December 19: Following the Federal Reserve's (Fed) and the Bank of Japan's (BoJ) monetary policy announcements, the Bank of England (BoE) is next in line to release its interest rate decision on Thursday.Fxstreet
Dec 19, 2024
Gold price rebounds from one-month low amid risk-off impulse; upside seems limited
Gold price (XAU/USD) stages a goodish recovery from a one-month trough, around the $2,584-$2,583 region touched during the Asian session on Thursday and for now, seems to have snapped a two-day losing streak.Fxstreet
Dec 19, 2024
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Market Movers
Medline Ord Shs Class A Stock (MDLN) Closed Down by 5.17% on Nov 12: What Signal Does It Send?
2 hours ago
MDLN
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Delta Air Lines Inc Stock (DAL) Moved Down by 5.05% on Nov 12: What Investors Need To Know
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DAL
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