News
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US Dollar set to post third consecutive week in red as dust from Fed meeting settles
The US Dollar (USD) trades broadly steady on Friday after Thursday’s sharp decline, when traders revalued the Greenback after the US Federal Reserve (Fed) joined the European Central Bank (ECB) and several others by starting its interest-rate cutting cycle.Fxstreet
Sep 20, 2024
Dow Jones Industrial Average climbs into another record high
The Dow Jones Industrial Average (DJIA) pierced the 42,000 psychological level on Thursday as equities drove higher in a broad-market bull run after the Federal Reserve (Fed) finally delivered its first rate cut in over four years.Fxstreet
Sep 19, 2024
Dow Jones Industrial Average finds fresh peak before pulling into the middle ahead of Fed
The Dow Jones Industrial Average (DJIA) rose into a fresh record high for the second day in a row on Tuesday as investors jostle for position ahead of the Federal Reserve’s (Fed) hotly-anticipated rate cut during the midweek market session.Fxstreet
Sep 17, 2024
USD: More or less? – Rabobank
While the Fed’s guidance and policy decision tomorrow will signal whether the selloff in the USD over the past few sessions is overdone, the US election will set the scene for the greenback into year-end and through the start of the new year, Rabobank’s Senior FX Strategist Jane Foley notes.Fxstreet
Sep 17, 2024
US Dollar sideways with Retail Sales on deck ahead of Fed decision
The US Dollar (USD) trades flat on Tuesday, with traders sitting on their hands ahead of Wednesday’s main event. The Federal Open Market Committee (FOMC) convenes on Tuesday to debate the upcoming US Federal Reserve’s (Fed) policy decision onFxstreet
Sep 17, 2024
