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Dow Jones Industrial Average tumbles 500 points on fear-driven Thursday
The Dow Jones Industrial Average (DJIA) tumbled 600 points on Thursday after worsening economic activity figures reminded markets of the very real risk that a downturn in the US economy could tip into a hard landing scenario.
Fxstreet
Aug 1, 2024
USD: Downside risks this week – ING
Central banks and macro data have taken an unusual secondary role for FX markets as US politics, stock markets turmoil and some sizeable positioning adjustments generated volatility in some pairs inconsistent with macro developments, ING’s FX strategist Francesco Pesole notes.Fxstreet
Jul 29, 2024
Dow Jones Industrial Average rallies on Friday as rate cut hopes resume
The Dow Jones Industrial Average (DJIA) scorched 700 points higher on Friday after a close-enough-to-expectations print in US Personal Consumption Expenditures Price Index (PCE) inflation came in cool enough to allow investors to keep hopes for a September rate cut pinned to the ceiling.Fxstreet
Jul 26, 2024
US Dollar Index edges lower to near 104.20 after mix US PCE Inflation release
The US Dollar Index (DXY) falls slightly to near 104.20 in Friday’s New York session after the United States (US) Bureau of Economic Analysis (BEA) published the Personal Consumption Expenditure Price Index (PCE) report for June.Fxstreet
Jul 26, 2024
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