Tag: Financial markets
Eurozone PMI Data Causes EUR/USD Drop Below 1.0700
EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...
Expectation of Slow Rate Cuts by Ex-Fed Bullard from FOMC | Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks...
US Dollar Strengthens as Treasury Yields Rise amid Weak Data
The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in...
Bank of England August Rate Cut Review: Action Forex Analysis
The Bank of England (BoE) has decided to keep the Bank Rate unchanged at 5.25% as expected. The vote split remained the same as...
Bank of England to Keep Rates Unchanged and Approach Cautiously
The Bank of England is set to keep its policy rate unchanged for the seventh consecutive meeting on Thursday. Despite the recent increase in...
Swiss National Bank Chairman Jordan Discusses Two-Way FX Intervention | Forexlive
The Chairman of the Swiss National Bank, Thomas Jordan, recently discussed the impact of the appreciation of the Swiss franc on monetary conditions. He...
UK Inflation Takes Center Stage Today: What Investors Need to Know
Today, the focus is on UK inflation as major currencies remain quiet. The US holiday will lead to a placeholder trading day, creating a...
Fed’s Williams Predicts Gradual Rate Cuts Amid Ongoing Disinflation – Market Update
New York Federal Reserve President John Williams recently discussed the state of the US economy in an interview with FOX Business. Williams expressed confidence...
Investing in AI: Steve Cohen’s Strategic Move into Artificial Intelligence
Steve Cohen, the chairman and CEO of Point72, recently discussed his plans to dive into the world of artificial intelligence (AI) investing during an...
Fed’s Barkin Optimistic on Inflation, Emphasizes Sustainment and Broadening – Analysis and Outlook
Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current...
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Midday Stock Update: American Airlines, Broadcom, Big Banks, and More –...
American Airlines, Broadcom, Big Banks, and More - Latest Market NewsAmerican Airlines, Broadcom, and major banks are making headlines in the stock market today....
