Gold’s record rally gets added jolt from Fed rate cut. Is there anyone left to buy?
Gold’s relentless rally got an added jolt this week from the Federal Reserve’s long-awaited interest-rate cut, but some ...
Currency recap: U.S. dollar falls amidst speculation of larger Fed rate cut
The U.S. Dollar Index (DXY) fell 0.15% last week and closed at $101.11 on Friday as speculations rose that the Federal ...
Wall Street droops, dollar edges back after bumper Fed cut
Wall Street's main stock indexes were broadly flat in early trade on Wednesday and the dollar weakened as traders weighed up ...
Stock Market Today: Dow falls over 100 points as stocks end volatile session lower after Fed's half-point rate cut
The U.S. dollar fell versus major rivals after the Federal Reserve delivered a rate cut of 50 basis points on Wednesday. The closely followed ICE U.S. Dollar Index, a measure of the currency against a ...
Indonesia’s Surprise Rate Cut May Spur Inflows, Support Rupiah
Bank Indonesia’s surprise interest-rate cut may lead to higher foreign inflows into bonds and stocks, which may end up ...
Gold breaks $2,600 barrier as Fed cut bets prolong historic run
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest ...
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The dollar is weaker and many commodity prices are higher as traders revel in the Federal Reserve's 50 basis point interest rate cut on Wednesday. The greenback is down 0.5% to the euro at $1.1173 and ...
Top Federal Reserve official would back more aggressive interest rate cuts if US data worsen
A top Federal Reserve official has said he would support more aggressive interest rate cuts from the US central bank if the economic data deteriorates further, as he cautioned inf ...