US Dollar rises as sellers take a breather, political jitters
The upcoming US election will have wide ranging impacts across financial markets, but for now the US Dollar is holding its ground. However, dovish bets on the Fed remain steady and might limit the USD ...
Dow Jones Industrial Average squeezes higher on Friday
The Dow Jones is inching back into record highs on Friday. The index continues to find play above 42,000 in the post-Fed glut ...
Mexican Peso extends losing streak amid risk aversion
Mexican Peso continues to weaken, recording losses for three consecutive days amid increasing risk aversion. Fed Governor ...
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US Dollar Weekly Forecast: Investors now look at the US economic health
US Dollar Index clinches its third consecutive weekly decline. The Federal Reserve delivered a jumbo rate cut on September 18. A soft landing of the US economy appears well on the cards. Pessimism ...
Dow sinks 3% as market slides on triple witching day after steep Thursday run-up
The market is somewhat volatile on the year's third triple witching day. Dow receives $100 million from the Department of Energy to build chemical plant for batteries.
Top 3 AI tokens rally this week, OpenAI announcement likely driver of gains
Near Protocol, Artificial Superintelligence Alliance and Internet Computer Protocol, the top 3 AI tokens by market cap, ...
Forecasting the Coming Week: Fedspeak, Powell and PCE grab all the attention
After inaugural Fed cut, attention turns to PCE inflation. The Bank of Japan is expected to keep its short-term interest rate target between 0.15% and 0.25% on Friday, following the conclusion of its ...
Fed's Bowman: Would have liked a smaller first cut
Federal Reserve (Fed) Board of Governors member Michelle Bowman clarified on Friday why the policymaker voted against the Fed's 50 bps jumbo rate cut this week. Fed Governor Waller goes down in the ...
MicroStrategy acquires 7,420 BTC worth $458 million
Business intelligence firm MicroStrategy acquired 7,420 BTC from its recent sale of senior convertible notes on Friday. CEO Michael Saylor announced the company purchased the tokens at a rate of ...
Fed's Waller: 50 bps cut was the right move
Federal Reserve (Fed) Board of Governors member Christopher Waller noted on Friday that while the Fed's decision to cut interest rates by an accelerated 50 bps, the Fed's data-dependent approach could ...
Weekly economic and financial commentary
Next week: Eurozone PMIs (Mon.), Reserve Bank of Australia (Tue.), Bank of Mexico (Thu.) ...
Gold & SPX hit targets: What next? [Video]
Gold (XAU/USD) preserves its bullish momentum and trades at a new all-time high above $2,610 on Friday. Heightened expectations that global central banks will follow the Fed in easing policy and ...