US Dollar trades mixed after positive Consumer Confidence data – FXStreet
Next to be released later Tuesday are the FOMC minutes. The US dollar fluctuates after the Consumer Confidence Index from the Conference Board turns positive, before volatility subsides. President-elect Trump threatens tariffs on Mexico, Canada, China to boost US dollar. In trading on Tuesday, the US Dollar Index (DXY), which measures the value of the […]
Hedge funds bet on Tesla, banks and other ‘Trump trades’ in Q3
Hedge funds piled up bets on financial stocks, Tesla stocks and prison operators in the third quarter ahead of rallies tied to Donald Trump's victory in the U.S. presidential election, according to filings. Many of the bets came to be known as the Trump trade, a corner of the market that sometimes hinged on the […]
U.S. crude oil rises, trades around $69 per barrel – CNBC
Oil futures rose slightly on Thursday, with the U.S. benchmark trading around $69 a barrel, but the market outlook remains bearish. Global oil supply next year is expected to exceed demand by more than 1 million barrels per day, driven by strong growth in the United States, according to the International Energy Agency's monthly market […]
Three potential MLB salary-dump trades to watch
Over the weekend, I tried to make the case why the New York team should at least inquire about Carlos Correa. He has four years and $128 million left on his contract, and he's in enough trouble that the Twins would have to eat money to move him or accept a deal that offsets Correa's […]
USD/CAD trades around 1.3900 after pulling back from all-time highs, awaits Fed decision – FXStreet
USD/CAD could rise as the US dollar (USD) receives support from President Trump's trade. U.S. Treasury yields rose to 4.31% and 4.47%, respectively, on Wednesday, their highest levels since July, before adjusting lower. Commodity-linked CAD is supported by rising oil prices. USD/CAD retreated from the all-time high of 1.3958 reached in the previous session. The […]
Australian Dollar plunges around 2% as Trump trades optimism boosts US Dollar – FXStreet
The Australian dollar fell as traders grew cautious ahead of the US presidential election results. The Australian dollar could regain momentum after RBA Governor Michelle Bullock reaffirmed her hawkish stance on Tuesday. Exit polls in Georgia give Mr. Trump a 10% lead over Ms. Harris, based on less than 1% of votes counted. The Australian […]
Steelers to acquire Mike Williams, Preston Smith in separate trades ahead of deadline: reports
The Pittsburgh Steelers are preparing for the playoffs. The Steelers are acquiring wide receiver Mike Williams from the New York Jets and edge rusher Preston Smith from the Green Bay Packers, according to multiple reports. The Steelers have been looking to sign a wide receiver since the offseason. They missed out on Brandon Aiyuk and […]
Davante Adams and Amari Cooper trades graded for each team
Two big wide receiver trades shook the NFL on Tuesday, and both were largely expected. Davante Adams ended up getting a trade from the struggling Raiders and found a new home in New York, where he has a family face in Aaron Rodgers. Adams going to the Jets was the most likely scenario in trade […]
Gold price trades with mild positive bias above $2,625-2,624 pivotal support – FXStreet
Gold prices rose on Tuesday, stalling a recent correctional decline from record highs. Bets for further Fed rate cuts and geopolitical risks continue to benefit XAU/USD. Traders are now anxiously awaiting the release of key US macro data in hopes of providing some meaningful stimulus. Gold prices (XAU/USD) rose modestly during Asian trading on Tuesday, […]
Trump Blasts Pelosi over Husband’s Stock Trades Prior to Lawsuit
Former President Donald Trump took a tough stance Thursday against Rep. Nancy Pelosi (D-Calif.) regarding her husband's Visa stock trades. President Trump, who is running against Vice President Kamala Harris (Democratic) for the White House in 2024, said he believes the former House speaker should be prosecuted. new york post reported on friday. his comment […]