Investing in Currencies

By Karen Brettell NEW YORK (Reuters) -The dollar dipped against the Japanese yen on Thursday on expectations the Federal Reserve will cut interest rates next year, but rebounded from earlier losses against the euro in choppy trading. The greenback has declined as expectations of rate cuts have increased, notably after the Fed's unexpectedly dovish stance at its December meeting. Markets see the Fed's first rate cut coming in March and are pricing in 155 basis points of easing by next December. “The market has gotten even more aggressive on Fed...

By Lewis Krauskopf NEW YORK (Reuters) - As a strong year in U.S. stocks winds down, fund managers face a potentially consequential choice in 2024: stick with the few massive growth and technology names that have powered equity indexes higher, or take a shot on the rest of the market. Shares of the so-called Magnificent Seven – Apple (NASDAQ:), Microsoft (NASDAQ:), Alphabet (NASDAQ:), Amazon (NASDAQ:), Nvidia (NASDAQ:), Meta Platforms (NASDAQ:) and Tesla (NASDAQ:) – have individually soared between around 50% and 240% in 2023, making them among the market's most...