Category: Fed
-
Asia FX weak as Fed does little to soothe rate fears; yen rebound stalls By Investing.com
•
Investing.com — Most Asian currencies held a narrow range on Thursday, benefiting slightly from a lower dollar, as the Federal Reserve said interest rates were unlikely to fall in the near term, although they were unlikely to rise either. This kept the Japanese yen’s recovery short-lived, with the currency weakening…
-
Stocks rally after Fed decision as Powell soothes rate nerves
•
I’ve always been very critical of Starbucks (SBUX). I remember working for the company as a stock analyst and spending weeks inside its stores studying the workflow in each department. It was an extreme exercise that won me no fans among Starbucks management (especially with former CEO Howard Schultz), but…
-
Bitcoin tumbles below $57,000 on day of Fed meeting
•
Bitcoin appears to be on a path that contradicts the bullish outlook many investors had after the network halving on April 19. The coin fell 11% in the last day, trading at $56,889 on Wednesday afternoon, according to CoinGecko data. The cryptocurrency was trading at around $64,000 on the halving…
-
Atlanta Fed GDPNow Q2 growth estimate dips to 3.3% from 3.9%
•
High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
-
Dollar near five-month highs ahead of Fed policy decision By Reuters
•
Written by Alun John LONDON (Reuters) – The dollar rose towards its highest levels this year against a basket of its counterparts and US stock futures fell on Wednesday ahead of the Federal Reserve’s monetary policy decision, although trading was weak with many European and Asian markets closed. . The…