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US Dollar Forecast: Rate cut bets weigh on US Dollar
The Forex Market· 20 minutes agoRetail Sales, FedSpeak emerge as salient events next week. The selling pressure in the FX world continued to punish the Greenback this week, sending the...
GBP/USD Forecast: Pound Sterling awaits high-impact UK data for further upside
The Forex Market· 38 minutes agoThe Pound Sterling hit a new 2024 top above 1.2950 against the US Dollar. The daily technical setup...
Stock market today: Wall Street rolls toward records as it nears the close of another winning week
The Canadian Press via Yahoo Finance Canada· 1 hour agoNEW YORK (AP) — U.S. stock indexes are rallying toward records Friday as they close out their latest...
Traders Start to Bet on Supersized Fed Rate Cut in September
Bloomberg via Yahoo Finance Canada· 2 hours ago(Bloomberg) -- Bond traders are ramping up bets that the Federal Reserve will cut interest rates by...
XRP rallies 5% as Ripple gears for utility in institutional crypto products
The Forex Market· 3 hours agoRipple CEO appreciated the CME Group and CF Benchmarks for adding the XRP-Dollar reference rate and...
Yen hits 4-week high as intervention questions circulate
Nikkei Asian Review· 3 hours agoThe yen hit an almost four-week high against the U.S. dollar on Friday, raising speculation that...
Here's Why You Should Bet on Beaten-Down Small-Cap ETFs
Zacks via Yahoo Finance Canada· 4 hours agoFollowing the encouraging inflation data, markets priced in a roughly 89% chance that the Fed will...
Inflation Cools in June, Triggers Spike in Laggard ETFs
Zacks via Yahoo Finance Canada· 5 hours agoJune inflation data has deepened the market's confidence that the Fed would begin cutting interest...
Dow hits record high, small caps jump on rate-cut bets; bank results mixed
StreetInsider· 6 hours agoWells Fargo slid 6.8% as the lender missed estimates for quarterly interest income, while Citigroup fell 1.7% even after it posted a surge in investment banking revenue. The S&P 500 Financials index shed 0.5%, while the banks index lost 1%.
Stock Market News for July 12, 2024
Zacks via Yahoo Finance Canada· 7 hours agoWall Street closed higher on Thursday as market participants digested inflation data, which fueled expectations of potential interest rate cuts by the...