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Dollar edges lower in choppy trading after Fed rate cut
The U.S. dollar edged slightly lower in choppy trading on Wednesday as markets grappled with the supersized 50 basis point interest rate cut as well as the switch to an easing monetary policy stance delivered by the Federal Reserve.
US Dollar struggles as markets asses Fed cut
FOMC cut rates by 50 bps on Wednesday, although the Dot Plot suggests a more gradual easing cycle going forward. After initially lowering its expectations following the decision, the market is now factoring in an additional 75 basis points of rate cuts by the end of the year.
US Stocks Rise As Market Digests Big Fed Rate Cut
Wall Street stocks rose early Thursday as the market continued digesting the Federal Reserve's interest rate cut, which was larger than some analysts had expected.
Market calm yields to stock surge as traders cheer Fed rate cut
By Saqib Iqbal Ahmed, Suzanne McGee and Carolina Mandl NEW YORK (Reuters) -An initial muted market reaction following the Federal Reserve’s first rate cut in four years gave way to a surge in U.S. stocks as uncertainty ebbed and investors digested the implications of easing monetary policy.
Opinion
10d
Opinion
Donald Trump on the Dollar, in His Own Words
This is the first in an occasional series about Donald Trump’s statements and language and what’s at stake in the election.
cryptopolitan
10d
China is shorting the US Dollar heavily
China based banks are holding over $100 billion in short positions against the US dollar, using foreign exchange swaps to ...
The Daily Signal
6d
Why America’s Soaring Debt Is Biggest Threat to US Dollar
Unproductive government borrowing hurts economic growth and drives inflation. Concerns are raised about the sustainability of ...
Opinion
3d
Opinion
Dollar dominance is set to stay
The huge US debt and ‘weaponisation’ of the dollar are unlikely to threaten its global reserve currency status ...
WNEM Saginaw on MSN
1d
Multibillion-dollar project proposed for Mundy Twp. megasite
A massive investment could be coming to the megasite in Mundy Township. Both state and federal officials are looking to ...
Numismatic News
6d
How could United States coin designs be improved?
Newsletter Readers' Poll, opinions are as varied as the number of coin designs throughout history. U.S. coin sizes are a ...
Opinion
5d
Opinion
BRICS' currency dilemma: A necessary quality leap beyond the dollar
THE currently ongoing BRICS Summit, which commenced on Sept 9 in Sochi, Russia, must prioritise the development of solid ...
Cryptopolitan on MSN
3d
Yen surges to one-year high against dollar ahead of Fed meeting
The yen surged to its highest level in a year, pushing the dollar into a corner as the market braces for a potential ...
3d
Rhode Island men accused of leading roles in multi-million dollar theft ring. What we know.
Investigators believe this Rhode Island-based organized retail crime theft has netted roughly $12.3 million dollars in sales.
The Western Producer
14h
Canadian dollar and business outlook
The Canadian dollar was slightly softer Thursday morning as currency markets continued to react to Wednesday’s interest rate cut in the United States. At 8:50 a.m. CDT the Canadian dollar was trading ...
BroadwayWorld
5h
MILLION DOLLAR QUARTER Opens Next Week At The Arrow Rock Lyceum Theatre
This production is rated PG. Single tickets for Million Dollar Quartet are $52 for adults, with senior, student/child, and ...
1d
Stocks and dollar gain as Fed charts 'soft landing' path
The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began its ...
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