forex markets
- Stock Market
Fed’s Mester backs higher interest rates until inflation begins to fade
The president of the Cleveland Federal Reserve said Thursday that the central bank needs to keep raising interest rates until…
Read More » - Personal Finance
Travelers should act now to capitalize on a strong dollar for trips abroad, says travel editor: ‘Don’t be too greedy’
Glowimages | Glowimages | Getty Images It’s a good time to be an American traveling abroad. The value of the…
Read More » - Stock Market
Our bill for easy money is coming due: Prepare for low and volatile returns — or the long-delayed financial market reckoning.
Until recently, good news (a solid rebound from the COVID-19 pandemic) was bad news (higher interest rates). Now, bad news…
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Deutsche Bank: here are four reasons why the dollar will continue to strengthen past parity with the euro
As Europe’s energy crisis and slowing economy weigh on the euro, Deutsche Bank’s George Saravelos noted Wednesday that “safe haven”…
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Dollar soars as recession fears finally hit the round-the-clock currency market
U.S. and global recession fears have finally hit the round-the-clock currency market after more than a month of evaluation by…
Read More » - Stock Market
Gold heads for fourth straight day of declines as aggressive Fed diminishes metal’s luster
Gold weakened for a fourth day on Thursday as expectations for aggressive action by the Federal Reserve diminished the precious…
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What the dollar’s historic surge means for markets as stocks and bonds wrap up a brutal first half
2022 is shaping up as a historic year for markets, including the world’s reserve currency. While the S&P 500 is…
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Yuan-ruble trading explodes 1,000% in latest challenge to U.S. dollar’s dominance
The Russian ruble has rebounded sharply off the lows seen after the invasion of Ukraine, although there remains a wide…
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U.S. stock futures tick higher as Fed’s preferred measure of inflation remains hot, but cools
U.S. stock-index futures added to gains after the Federal Reserve’s preferred measure of inflation for April proved in line with…
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The stock market is ‘vulnerable to good news’ and a 10% to 12% rally, says this observer
Accentuate the positive, they say. And why not, as we cruise into Monday with stocks pointing higher amid hopes for…
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