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Dollar sluggish to start the new week – ForexLive

USD/JPY isn’t the only mover today. The dollar has also fallen against other major currencies, with EUR/USD being the most notable. The pair has edged up to 1.1040 after Friday’s rally and looks poised to settle at its highest since December. The dollar’s struggles come even as traders have backed off on their outlook for […]

Palantir stock plunges 14% as sluggish sales forecast disappoints – Quartz

photograph: Alex Karp, CEO of Palantir Technologies (Photo: David Paul Morris/Bloomberg) (Getty Images) Palantir Technologies stock fell on Tuesday morning after investors were unimpressed with the company’s annual revenue outlook. The defense technology company’s stock fell more than 13% in morning trading, trading at $22. Wegovy and Ozempic: Are you ready for weight loss pills? […]

Inflation Is Too Hot for the Fed to Cut Despite Sluggish Growth

GDP report shatters dreams of soft landing The pace of economic growth in the first three months of this year was much slower than anyone expected, and inflation was much higher. The report suggests that the soft-land scenario of strong growth and steadily declining inflation is dead. We are currently considering the following: Possibility of […]