The greenback and US bond yields have risen as investors prepare for fewer US interest rate cuts, as Asian markets fell in holiday-affected trade.
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Asian stocks are higher and the US dollar remains at a two-year high as investors prepare for fewer Federal Reserve rate cuts in 2025.
The greenback and US bond yields have risen as investors prepare for fewer US interest rate cuts, as Asian markets fell in holiday-affected trade.
The Federal Reserve cut rates for a third time this year, but investors shuddered at revised forecasts suggesting only two cuts in 2025.
All three major indices ended lower after the Fed revised its forecast to just two interest rate cuts next year, with Dow dropping 2.6%, or over 1,100...
All three major indices ended lower after the Fed revised its forecast to just two interest rate cuts next year, with Dow dropping 2.6%, or over 1,100...
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting. The...
The EURUSD currency pair jumped above 1.0400 in European markets on Thursday as Dollar bulls take a breather after a sharp run-up on Wednesday. The...
US stocks witnessed a sharp decline. The Federal Reserve cut interest rates for the third time this year. The Fed hinted at fewer rate cuts in 2025...
US stocks witnessed a sharp decline. The Federal Reserve cut interest rates for the third time this year. The Fed hinted at fewer rate cuts in 2025...
The Australian sharemarket lost almost $50 billion and the Aussie dollar hit a new two-year low on Thursday, after the US Federal Reserve signalled...
The Australian sharemarket lost almost $50 billion and the Aussie dollar hit a new two-year low on Thursday, after the US Federal Reserve signalled...