Dollar struggles before Fed meeting, Asian currencies steadier.
The dollar remained steady ahead of the Federal Reserve’s meeting on Wednesday, which is set to address policies amid an uncertain economic landscape. Meanwhile, major Asian investors have been actively purchasing U.S. assets. Concerns regarding the trade war were somewhat alleviated by news of planned discussions between the U.S. and China on Saturday, helping to […]
Dollar holds steadier to start the session – ForexLive
As the new week begins, not much will happen in the major currency arena. US jobs data released here on Friday served as a reaffirmation that the Fed will cut interest rates by 25 basis points this month. And that's basically the signal that market players have to deal with right now. The probability of […]
Stock market today: Wall Street holds steadier after losing most of its Trump bump – Yahoo Finance
NEW YORK (AP) — U.S. stocks were volatile Monday as Wall Street held firm after a lot. the meeting Continue President Donald Trump Victory is scattered. The S&P 500 was little changed in early trading. As of 9:35 a.m. ET, the Dow Jones Industrial Average was down 84 points, or 0.2%, while the Nasdaq Composite […]
July Jobs Report ‘Part of’ Transition to ‘Steadier’ Growth, We Don’t Look at Just One Month
On Friday’s “CNN News Central” broadcast, Acting Labor Secretary Julie Su responded to the July jobs report, saying “we’re looking at trends, not just one month of data,” and that while the July number is “lower than expected, it’s part of a transition to continued job growth, growth at a steadier, more sustainable pace.” Su […]
Dollar continues to keep steadier to start the week – ForexLive
But the dollar continues to find a little more footing overall. The Fed minutes will be a highlight on the calendar this week, so keep an eye on them. However, starting tomorrow, things should start to pick up for some other releases as well. For now, the overall mood is stable, but also more tentative. […]
Dollar keeps steadier so far on the day – ForexLive
Today is mostly a placeholder as traders all await tomorrow’s US CPI data. This is a good reason why the price trend tends to be more sideways at the beginning of the week. And that’s exactly what we have so far today. The dollar has remained stable, but there is still room for improvement in […]