Dollar gains after Powell's speech; euro slips ahead of CPI release
- The U.S. dollar rose Tuesday as Federal Reserve Chair Jerome Powell played down the likelihood of another outsized interest rate cut, while the euro slipped lower...
- The U.S. dollar rose Tuesday as Federal Reserve Chair Jerome Powell played down the likelihood of another outsized interest rate cut, while the euro slipped lower...
Crude oil prices (CL=F, BZ=F) are whipsawing as geopolitical conflict in the Red Sea, led by Yemeni Houthi rebels, intensifies. Yahoo Finance's Madison Mills takes a look at the energy sector this morning from the New York Stock Exchange. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
RBC Capital Markets analyst Lori Calvasina has downgraded the technology sector from an "Overweight" rating to "Market Weight" after an impressive 2023 performance stirred doubts around current valuations. Offsetting its tech downgrade, RBC lifted ratings for the consumer discretionary and utilities sectors. Yahoo Finance's Josh Schafer breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
-- Gold prices moved little in Asian trade on Wednesday, retaining most of their losses from the prior week as investors questioned bets on early interest rate cuts by the Federal Reserve.
-- Gold prices rose slightly in Asian trade on Tuesday, recovering from a rough start to the year as markets reassessed expectations for early interest rate cuts by the Federal Reserve before key U.S. inflation data due this week.
- The U.S. dollar edged higher in early European trade Thursday, rebounding after the previous session’s hefty losses following the Federal Reserve opening the door...
-- Most Asian currencies strengthened on Thursday as the dollar dropped after the Federal Reserve signaled that an interest rate cut was close, while the Japanese yen...
-- Chinese manufacturing activity unexpectedly shrank in July, private purchasing managers index data showed on Thursday, furthering the notion that the country’s...
-- Australia’s trade balance grew slightly more than expected in June, aided by a steady increase in exports of iron ore and other key commodities, although the trade...
Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=JhY3LwylaP4 VIDEO TRANSCRIPT Hello everyone. Welcome back. My name is Greg Firman, and this is the VantagePoint AI Market Outlook for ...