Dollar gains ahead of Fed decision; sterling hit by weak GDP data By Investing.com
© Reuters. Investing.com - The U.S. dollar edged higher in early trade Wednesday, boosted by sticky inflation ahead of the...
Investing in Currencies
Dollar gains as traders await Fed signal on rate cuts
By Amanda Cooper LONDON (Reuters) -The dollar edged up on Wednesday ahead of the conclusion of a Federal Reserve policy meeting that could offer some insight into when the U.S. central bank will begin lowering interest rates. Sterling was among the weakest performers on the day, after data showed the British economy contracted in October, raising the risk of a recession and potentially complicating the efforts of the Bank of England (BoE) to stick to its stance against cutting rates when it meets on Thursday. The , which gauges the...
Citi names stock opportunities after Argentina devalued currency
Citi highlighted opportunities in three stocks after Argentina devalued its currency by 50%: oil and gas firm YPF and lenders...
Market Review, Commodities, Currencies, Economic & Corporate Update – 13.12.23
Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the...
Asia FX dips, dollar steady as sticky inflation clouds Fed outlook By Investing.com
© Reuters. Investing.com-- Most Asian currencies retreated on Wednesday, while the dollar steadied as sticky U.S. inflation data cast some...
Asia FX dips, dollar steady as sticky inflation clouds Fed outlook By Investing.com
© Reuters. Investing.com-- Most Asian currencies retreated on Wednesday, while the dollar steadied as sticky U.S. inflation data cast some...
Emerging Markets Pare Currency Gains With Fed’s Path in Focus
(Bloomberg) -- Emerging-market currencies wiped out most of their early gains on Tuesday after fresh data showed US consumer prices...
Dollar dips as investors wait for Fed By Reuters
© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado...
Top 10 Cryptocurrencies In December 2023 – Forbes Advisor UK
Table of Contents Show more Show less Forbes Advisor has provided this content for educational reasons only and not to...
Mega-cap growth trade needs a pause – RBC
RBC Capital Markets strategists suggest that the mega-cap growth trade is currently overvalued, crowded, and could benefit from a pause. Analysts note that the rate of upward earnings-per-share estimate revisions is no longer strongly favoring the top 10 names compared to the broader market, as observed in the first half of 2023. The performance of the top 10 names in the relative to the rest of the stock market has plateaued near levels observed at highs since 2008. These top 10 names also exhibit a median price-to-earnings ratio close to...