DXY US Dollar Currency Index

The upcoming Fed meeting will decide whether stocks can stabilize or fall back to bear market lows

The upcoming Fed meeting will decide whether stocks can stabilize or fall back to bear market lows

The Federal Reserve is expected to raise interest rates another three-quarters of a point on Wednesday, but it’s what it signals about future rate hikes that will boost markets. The two-day central bank meeting on Tuesday and Wednesday comes in a week when investors will also be on high alert for more news on corporate …

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Asia-Pacific markets are growing;  Japan travel stocks gain on border easing reports

Asia-Pacific markets are growing; Japan travel stocks gain on border easing reports

Expect more dollar-yen upside, says BofA The dollar-yen is likely to see further upside as policymakers in Japan are “somewhat conflicted” over whether to step in to defend its currency, said Claudio Piron, co-head of fixed income and foreign exchange. in Asia at Bofa Securities. Although the dollar-yen is approaching levels that have warranted action …

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The pound sterling depreciated against the dollar.  Here's how far it could go, according to the pros

The pound sterling depreciated against the dollar. Here’s how far it could go, according to the pros

The pound has slipped against the US dollar over the past year, hitting a 37-year low against the greenback last week – and it could weaken further, analysts say. The pound rose to $1.1403 on Wednesday – a level not seen since March 1985 – amid dollar strength and growing concerns over the UK’s economic …

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Japan's Nikkei rises 2% in mixed Asian session after Wall Street rebound

Japan’s Nikkei rises 2% in mixed Asian session after Wall Street rebound

Pictet sees Europe as the most likely candidate for recession and expects a massive hike Europe’s economy is the world’s “number one” candidate for recession, Pictet Wealth Management said ahead of an expected massive hike by the European Central Bank. Head of macroeconomic research Alexandre Tavazzi said this was due to soaring energy prices, leading …

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