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Dollar slips in choppy trading as traders grapple with Fed's giant rate cut
Investor expectations had largely shifted towards a dovish outcome in the days leading up to the Fed's move on Wednesday, with money markets pricing in around a 65% chance of a 50 basis point (bp) cut.
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The blue-chip Dow was on pace to ink a milestone, a day after the Federal Reserve cut interest rates in a big way. The Dow Jones Industrial Average was up 1.3%, at last check, trading near 42,030. Should that level hold,
NZD/USD rises to near 0.6250 due to rising odds of further rate cuts by the Fed
NZD/USD continues its winning streak for the third successive day, trading around 0.6250 during the early European hours on Friday. The New Zealand Dollar (NZD) gains ground following the interest rate decision by the People’s Bank of China (PBoC).
What impact will the Federal Reserve's rate cut have on stocks?
"The markets were crossing their fingers for a larger cut." The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by an unusual amount of market uncertainty as to how much the central bank would lower its benchmark rate from a two-decade high of 5.
Stock Market Today: Dow futures eye record high after Fed's big rate cut
Medium- to long-term Treasury yields turned higher Thursday morning, after weekly initial jobless claims reached their lowest level in months and one factory gauge reflected improving conditions. The rise in rates was led by the so-called long end of the curve,
European markets close higher after Bank of England holds rates, Fed cuts
European markets closed higher Thursday as investors digested the latest monetary policy decisions from the U.S. Federal Reserve and the Bank of England.
londonlovesbusiness.com
1h
FED’s and BoE’s divergent decisions add pressure to the USD
Get insights into the pressure on the USD caused by divergent decisions from the Fed and BoE. Learn about the impact on ...
1h
USD/JPY Price Forecast: Ascending channel resistance might cap attempted recovery
The divergent BoJ-Fed policy outlook should keep a lid on any meaningful appreciating move.
15h
on MSN
SDSU men’s basketball to play UCSD and USD in the same season for the first time ever
San Diego State’s basketball team went from not having any local Division I opponents on the schedule for the first time in ...
KELO Sioux Falls on MSN
1d
USD returns home to host Drake
The USD football team saw their third game of the season cancelled, as Portland State had multiple cases of whooping cough, ...
2h
Indian rupee strengthens above 83.50/USD for first time in over two months
The Indian rupee rallied on Friday to climb above 83.50 per U.S. dollar for the first time since late July, boosted by dollar ...
money.rediff
1h
PhysicsWallah Raises USD 210 Million, Valuation Soars to USD 2.8 Billion
PhysicsWallah, an Indian edtech unicorn, secures USD 210 million in funding led by Hornbill Capital, boosting its valuation ...
KELO Sioux Falls on MSN
5h
USD volleyball falls in five to Iowa
After dropping the first two sets to the University of Iowa, the South Dakota volleyball team battled back to force a fifth ...
32m
Bentonite Market Size to be Worth USD 2.6 billion by 2034, Growing a CAGR 3.0% - Exclusive Report by Transparency Market Research, Inc.
Regulations and environmental concerns are driving demand for bentonite. Innovations in technology and sustainable practices ...
43m
Japanese Yen Pulls Back After BoJ Decision: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD
USD/JPY gains ground as traders react to the BoJ Interest Rate Decision. The Bank of Japan left the interest rate unchanged ...
Santa Clarita Radio
9h
USD To ETH Conversion: A Comprehensive Guide
The cryptocurrency market continues to captivate investors and enthusiasts alike, with Ethereum (ETH) standing out as one of ...
devdiscourse
4h
India extends USD 50 million budgetary support to Maldives for another year
India has extended budgetary support to the Maldives government in the form of a rollover of the USD 50 million Treasury Bill ...
The Express Tribune
1d
USD exchange rates today: Rupee sees modest losses against USD, GBP
The dollar remained stable, while the British pound and euro saw slight increases in today's currency market trade ...
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