Philadelphia Federal Reserve President Patrick Harker recently voiced his support for an interest rate cut in September during an interview with CNBC. Harker’s statement marks a significant shift in the Federal Reserve’s stance on monetary policy easing, with Harker emphasizing the importance of moving rates down in a methodical manner. Despite markets already pricing in
Art
The EUR/USD pair experienced a surge after breaking through the key resistance level of 1.0950 against the US Dollar. This resulted in the pair moving into a bullish zone, with the Euro clearing the 1.1000 resistance. The upward movement was supported by the formation of a connecting bullish trend line with a key support level
The story of British technology entrepreneur Mike Lynch is one that reads like a Hollywood script. Acquitted of fraud charges in a landmark trial in June, Lynch found himself in the eye of the storm just two months later when he was reported missing after the sinking of a superyacht off the coast of Sicily.
The dollar has weakened significantly against major currencies, reaching its lowest point against the euro in 2020. Traders are anticipating crucial revisions to U.S. payrolls data and are closely monitoring a speech by Federal Reserve Chair Jerome Powell later in the week. The decline in the U.S. currency can also be attributed to falling U.S.
The idea of electric vehicles (EVs) saving consumers money in the long term in comparison to traditional gasoline-powered cars is a topic of increasing interest. While the upfront purchase cost of EVs may be higher, the ongoing expenses related to fuel and maintenance are often more economical, totaling up to a lifetime expense that could
The USD/CHF pair has been experiencing a downward trend, currently trading near 0.8620. The weakening US Dollar can be attributed to the market’s expectation of three quarter-point rate cuts by the Federal Reserve this year. This anticipation has put pressure on the USD, resulting in a bearish sentiment for the currency pair. The upcoming speech
Investors around the world are eagerly awaiting Federal Reserve Chair Jerome Powell’s speech at the end of this week. The market sentiment is optimistic, with expectations of dovish rhetoric from Powell following a series of signals from other Fed speakers hinting at a September rate cut. This anticipation is reflected in the positive performance of
The price of gold has been steadily rising, currently balancing around $2500 per troy ounce. This surge in gold prices can be attributed to the increased demand for safe-haven assets amidst ongoing geopolitical tensions. With the conflict in the Middle East between Israel and Gaza still unresolved, investors are seeking secure investments, thus boosting the
In recent times, market volatility has made investors more cautious about their investment choices. One strategy that has gained popularity is the use of buffer exchange-traded funds (ETFs) to provide a level of protection from market downturns. Buffer ETFs, such as the ones offered by Innovator ETFs, have been touted as a way for investors
The USD/JPY pair showed signs of gaining some positive traction on Monday but struggled to capitalize on the move. Despite a modest uptick during the Asian session to the 148.00 mark, the pair dropped to a fresh daily low in the last hour of trading. Currently trading just below the mid-147.00s, the pair appears vulnerable
China is facing a series of economic challenges that are putting pressure on policymakers to take drastic actions. Recent data shows that the world’s second-largest economy is struggling to maintain growth, with new home prices falling at the fastest pace in nine years, industrial output slowing down, export and investment growth declining, and unemployment on
Following the University of Michigan Sentiment figures and housing market data, the US Dollar experienced a decline. Despite this, markets remain confident about a potential rate cut by the Federal Reserve in September. The Greenback has shown sensitivity to data releases, with traders closely monitoring economic indicators for clues about the future direction of the
- « Previous Page
- 1
- …
- 20
- 21
- 22
- 23
- 24
- …
- 59
- Next Page »