Category: Cut

  • Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • FedEx stock target cut on demand concerns, retains buy rating By Investing.com

    On Friday, TD Cowen took a cautious stance on FedEx Corp (NYSE: ) shares by cutting its price target to $328 from $334, while still recommending the stock as a Buy. The revision comes on the heels of FedEx’s first-quarter financial results, which fell short of analyst expectations or the…

  • Asia FX rises as rate cut dents dollar; yen firms as BOJ holds course By Investing.com

    Most Asian currencies rose on Friday, while the dollar suffered losses after the Federal Reserve cut interest rates by a wide margin and began an easing cycle. The Japanese yen was among the best performing currencies, rising after the Bank of Japan kept interest rates on hold and said it…

  • Global investors brace for turmoil as big Fed cut sows confusion By Reuters

    By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Major global investors are on alert for sharp market volatility after a big U.S. interest rate cut sparked confusion over whether the market-dominating global economy will boom or slump, clouding the outlook for stocks, bonds and currencies around the world. Global…

  • Asian stocks rise on rate cut cheer; Japan trims gains after BOJ By Investing.com

    Most Asian stocks rose on Friday, tracking gains on Wall Street overnight, as investors welcomed a major interest rate cut by the Federal Reserve. Japanese stocks outperformed their regional peers, but pared early gains after the Bank of Japan kept interest rates steady but said it expected inflation to continue…

  • US rate cut brings cheer to Kenyan investors

    Kenya is expected to see lower bank borrowing costs, gains on the Nairobi Stock Exchange and a rise in the shilling against the dollar after the US Federal Reserve began expected interest rate cuts on Wednesday, sending dollars into emerging markets. The US central bank cut its benchmark interest rate…

  • CBA shifts expected RBA rate cut timing to December 2024 (from November)

    The Commonwealth Bank of Australia has decided to postpone the expected date of the Reserve Bank of Australia’s first interest rate cut from November 2024 to December 2024. Expect a 25 basis point cut. The recent strength in employment growth coupled with relatively hawkish rhetoric from the RBA Governor means…

  • Asia FX muted as dollar rises past bumper rate cut; yen down before BOJ By Investing.com

    Most Asian currencies moved in a flat-to-low range on Thursday as the dollar rose sharply after a large interest rate cut by the Federal Reserve was offset by less dovish signals on future interest rates. The Japanese yen was among the worst performing currencies on the day, falling amid pressure…

  • Bitcoin Climbs With US Equity Futures as Traders Digest Fed Cut

    (Bloomberg) — Bitcoin hit a three-week high alongside a jump in U.S. stock futures as a sharp interest rate cut by the Federal Reserve rattled markets. Most Read from Bloomberg The digital currency rose about 3.9% before trading at $61,900 as of 7:11 a.m. Thursday in London. S&P 500 futures…

  • $200m in crypto liquidated following 50bps Fed rate cut

    The cryptocurrency market has seen impressive bullish momentum following the long-awaited interest rate cut by the US Federal Reserve, which has led to increased liquidation. According to data provided by Coinglass, total crypto liquidations have increased by 46% over the past day, reaching nearly $200 million. Most of the liquidated…

  • $200m in crypto liquidated following 50bps Fed rate cut

    The cryptocurrency market has seen impressive bullish momentum following the long-awaited interest rate cut by the US Federal Reserve, which has led to increased liquidation. According to data provided by Coinglass, total crypto liquidations have increased by 46% over the past day, reaching nearly $200 million. Most of the liquidated…

  • Dollar claws back losses after Fed goes big on rate cut By Reuters

    Written by Ray Wee SINGAPORE (Reuters) – The U.S. dollar rose broadly on Thursday, reversing a brief slump following an overly aggressive interest rate cut by the Federal Reserve that was widely priced in by markets. The U.S. central bank on Wednesday began its monetary easing cycle with a larger-than-usual…

  • Fed Cut Interest Rates by 0.50%, Dot Plot Suggests More Cuts in Next Meetings

    The Federal Open Market Committee cut interest rates by 50 basis points to 4.75% to 5.00% at its September meeting, marking a strong start to the monetary policy easing cycle. It was also the first cut in borrowing costs since the start of the pandemic in 2020, as major central…

  • Fed Cut Interest Rates by 0.50%, Dot Plot Suggests More Cuts in Next Meetings

    The Federal Open Market Committee cut interest rates by 50 basis points to 4.75% to 5.00% at its September meeting, marking a strong start to the monetary policy easing cycle. It was also the first cut in borrowing costs since the start of the pandemic in 2020, as major central…

  • Forexlive Americas FX news wrap 18 Sep: Fed starts rate cuts with a 50 bp cut

    The Fed started its easing cycle by cutting interest rates by 50 basis points. The Fed has “reset” its monetary policy stance away from a period when inflation was high and employment was low. Now the baseline is that inflation is stable, and employment is not that low. The Fed…

  • US stocks mixed with Fed, rate cut on tap By Investing.com

    Investing.com – Stocks on Wall Street moved around both sides of the flat line on Wednesday as investors focused ahead of a historic decision by the Federal Reserve that is likely to lead to its first interest rate cut since March 2020. By 09:53 ET (13:53 GMT), the benchmark index…

  • Asia FX firm, dollar drifts lower with Fed rate cut in sight By Investing.com

    Most Asian currencies rose on Wednesday, while the dollar fell as markets braced for a widely expected interest rate cut by the Federal Reserve later in the day. Public holidays in Hong Kong and South Korea limited overall trading volumes, while the Chinese yuan weakened as domestic trade resumed after…

  • ForexLive Asia-Pacific FX news wrap: Awaiting the Federal Open Market Committee (FOMC) cut

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Asia FX firms, yen strong as dollar retreats on bets of bigger rate cut By Investing.com

    Asian currencies rose on Tuesday, with the Japanese yen nearing a 2024 high as the dollar retreated amid growing bets that the Federal Reserve will cut interest rates by a wide margin this week. Regional trading volumes were subdued due to holidays in markets in China and South Korea. Anticipation…