As the US Federal Reserve approaches its next policy meeting in September, the prospect of an interest rate cut looms large. Federal Reserve Chairman Jerome Powell has signalled that if current economic trends continue, a reduction in rates could be on the table.
US stocks rose as Wall Street became more optimistic about potential progress in trade negotiations between Washington and its key trading partners while digesting some key economic data.
Fears that an escalation of trade frictions between Washington and its key trading partners may have negative impact on the global economy continued to rattle investors, analysts noted
US stocks fluctuated between gains and losses in the morning session on Thursday as Wall Street meditated on a string…
The US dollar fell against most major currencies as investors mainly focused on the newly-released economic data. In late New…
The US dollar traded mixed against other major currencies as investors digested the latest economic data. In late New York…
The US dollar rose against most major currencies as investors awaited important economic data due out later this week. In…
The rupee strengthened 19 paise to 64.89 against the US dollar today, buoyed by a set of positive economic data.…
Macro-economic data points, especially the country’s quarterly economic growth figures, along with derivatives expiry are expected to influence the movement…
The US dollar traded higher against most major currencies on Wednesday as investors digested a slew of economic data. In…
