The close: The impressive buying in US equities continues. Nasdaq leads the way
It was another impressive day for US equities. Futures were flat early today but a steady trickle of bids was…
Category: Forex News
Forexlive Americas FX news wrap: Dollar decline extends further
Fed’s Kashkari: It is appropriate to have debate on whether to cut rates in September Fed’s Waller doesn’t comment on…
Euro eyes the December highs as the breakout extends
We may soon be talking about the highest levels in the euro since July 2023. I wrote about the euro…
Oil falls for fourth time in five trading days. What's next
Oil squeezed higher last Monday on indications of extremely crowded positions on the short side. That surely left shorts feeling…
Is housing the trade on a Kamala Harris government?
In general, I think politics are wildly overrated a source of investing opportunities, particularly elections. Promises are often made by…
MUFG: What to expect from this week's FOMC Minutes and Jackson Hole Symposium?
MUFG emphasizes that this week’s US yield and USD movements will largely hinge on two critical events: the release of…
US stock markets extend gains: Russell 2000 leads the way
US equities are at the highs of the day across the board and it’s being led by a wide range…
The US dollar sellers strike again
The US dollar is at the lows of the day against the euro, pound and commodity currencies. That’s a continuation…
Heads up: Fed's Waller speaking in 15 minutes
Federal Reserve Governor Christopher Waller is giving “Welcoming Remarks” at the 2024 Summer Workshop on Money, Banking, Payments, and Finance,…
ForexLive European FX news wrap: Yen holds firmer in quiet trading
Headlines: It’s a slower start to the new week so far What are the main events for today? Weekly update…