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US President Joe Biden stands down from reelection, endorses Kamala Harris
Following a long week of political turmoil, United States (US) President Joe Biden announced on Sunday that he will end his reelection bid and will speak to the nation later this week in more detail about his decision.
Fxstreet
Jul 21, 2024
US Dollar Index jumps to near 104.30 US political uncertainty dampens market sentiment
The US Dollar (DXY), which tracks the Greenback’s value against six major currencies, extends its upside to near 104.30 in Friday’s European session after a sharp recovery from an almost four-month low of 103.65 this week.Fxstreet
Jul 19, 2024
Dow Jones Industrial Average briefly touches another record high on Thursday before tumbling
The Dow Jones Industrial Average (DJIA) rallied into yet another record high on Thursday before turning lower and following the broader market into a soft pullback that dragged intraday prices back into the midweek range.
Fxstreet
Jul 18, 2024
Dow Jones Industrial Average climbs 240 points on Wednesday as rate cut rally extends
The Dow Jones Industrial Average (DJIA) clipped into further gains on Wednesday, extending the week’s hard rally on sky-high rate cut expectations and stepped into yet another all-time record high in intraday trading.Fxstreet
Jul 17, 2024
Dow Jones Industrial Average scorches up the charts 740 points as rate cut hopes rise even higher
The Dow Jones Industrial Average (DJIA) surged to a second record-setting day in a row, climbing over 600 points to chalk in a fresh all-time peak above 40,850 as market sentiment buries the needle even further into hopes of a September rate cut from the Federal Reserve (Fed).Fxstreet
Jul 16, 2024
Dow Jones Industrial Average finds new record high as Fedspeak keeps rate cut hopes high
The Dow Jones Industrial Average (DJIA) rallied into a new all-time peak on Monday, clipping into 40,346.22 before settling back into the day’s opening range near 40,200.00 as markets continue to weigh the odds of a future rate cut from the Federal Reserve (Fed).Fxstreet
Jul 15, 2024
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