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Forex
Japanese Yen trades above multi-decade low against USD, not out of the woods yet
The Japanese Yen ticks higher amid intervention warnings, albeit lacking bullish conviction.
The divergent Fed-BoJ policy expectations keep a lid on any…
Fed should be able to cut rates by end 2024, IMF managing director says
The Federal Reserve (Fed) should be able to start cutting interest rates by the end of 2024, according to Kristalina Georgieva, managing director of the…
Gold climbs to historic levels as US Treasury yields edge lower after US PPI
Gold prices recover, buoyed by falling US Treasury yields and a weaker US Dollar.
Mixed signals from producer inflation, labor data bolster Gold amid…
Rent the Runway Stock Forecast: RENT bounds 162% higher as company predicts positive FCF
Rent the Runway stock surged more than 160% on updated 2024 outlook.
Officials predict that the company will turn free cash flow positive this year.
PPI …
Canadian Dollar struggles for direction following earlier YTD lows
Canadian Dollar has pared losses on Thursday and is practically flat on the daily chart.
Mixed US PPI figures and dovish Fed comments have eased risk…
Dow Jones Industrial Average regains upside traction on risk-on mood
Dow Jones index is posting moderate gains after having opened with losses on Thursday.
US PPI data has provided some relief to investors although market…
Pound Sterling is under increasing bearish pressure with 1.2500 support in play
GBP/USD Price Analysis: Pound is under increasing bearish pressure with 1.2500 support in play
The Sterling keeps trading within a bearish channel from early…
Forex Today: Fedspeak in the limelight amidst September rate cut bets
The risk complex regained some poise amidst a mild corrective decline in the US Dollar and rising speculation of a Fed rate cut in September. In the meantime,…
Fed’s Barkin: Inflation data did not increase confidence disinflation is spreading
Richmond Federal Reserve Bank President Thomas Barkin said on Thursday that the latest inflation data did not increase his confidence that disinflation is…
Fed’s Williams: No need to change monetary policy in very near term
Federal Reserve (Fed) Bank of New York President John Williams argued on Thursday that the Fed does not need to change monetary policy in the very near term,"…