EUR/USD rebounds as Dollar weakens following Trump-Harris debate – FXStreet
EUR/USD is rising as the US Dollar falls following the Trump-Harris TV debate. After the debate, the general consensus was that Vice President Kamala Harris had performed better. The US dollar is falling as it is unlikely that President Trump will be able to implement policies favorable to the dollar. EUR/USD is trading at the […]
Dollar slumps 1% versus yen as US election debate gives Harris momentum – Yahoo Finance
Kevin Backlund TOKYO (Reuters) – The dollar fell more than 1 percent against the yen on Wednesday to its lowest this year after Senator Kamala Harris put rival Donald Trump on the defensive in the only scheduled debate of the U.S. presidential election. The yen was forced to rise further after Bank of Japan board […]
Australian Dollar appreciates as US Dollar pares gains due to improved risk sentiment – FXStreet
AUD/USD recovers intraday losses following the release of China trade balance data. China's trade balance rose to RMB649.34 billion in August from RMB601.9 billion the previous month. The US dollar received support after recent employment data reduced the likelihood of an aggressive Fed rate cut in September. The AUD/USD pair rose after China’s trade balance […]
DNC Night 2: Dem Roll Call Turns Up | Pritzker's Billion Dollar Zinger | It's Doug O'Clock!
Stephen Colbert welcomes an energetic crowd to Chicago’s Auditorium Theatre following the second night of the Democratic … source
Dollar tentative, yen dips on muddled Fed rate-cut outlook – Yahoo Finance
By Ray Wee SINGAPORE (Reuters) – The dollar remained in a narrow range on Monday while the yen pared some safe-haven gains as investors remained undecided about the size of a U.S. Federal Reserve interest rate cut expected later this month and looked to U.S. inflation data due this week for further clues. The highly […]
Trump threatens ‘100% tariff’ on countries ditching US dollar – South China Morning Post
President Donald Trump added a new pillar to his tariff policy on Saturday, pledging to make it too costly for countries to move away from using the U.S. dollar. “If you give up the dollar, you will have no trade with the United States because the United States will put a 100 percent tariff on […]
Inflation Leaves the Middle Class Too Poor to Shop at Dollar Stores
Inflation cuts down the Dollar Tree Dollar Tree's latest earnings report is a stark reflection of the state of the American economy. We're not witnessing minor fluctuations in retail performance, but rather a sharp decline in the U.S. economy. A broader indictment of the economy Under the leadership of Joe Biden and Kamala Harris, it […]
Dollar Tree stock falls 20% after cutting forecasts
Shares of discount retailer Dollar Tree plunged more than 20% on Wednesday after the company missed quarterly expectations and sharply cut its full-year forecast, another sign that inflation-weary consumers are cutting back on spending. “Macroeconomic austerity policies are causing customers to spend more on (low-margin essentials) while reducing spending on discretionary items,” Dollar Tree CFO […]
Dollar General shares plummet as Walmart, Target take bite out of profit
Shares of Dollar General Inc. fell 32 percent on Thursday to their lowest in more than six years after the discount retailer sharply cut its full-year sales and profit outlook amid intensifying competition for budget-conscious U.S. shoppers. Dollar stores are under pressure as better-funded rivals such as Walmart and Target expand their sales of low-priced […]
GBP/USD Price Forecast: Tumbles below 1.3200 as US Dollar recovers – FXStreet
Momentum in GBP/USD is in favor of sellers and they may target the July 17th high of 1.3043. Any further declines could result in a test of 1.3043. The next major support is the March 8th high at 1.2893. For an upside reversal to occur, buyers would need to push the pair above 1.3200 and […]