Household wealth in the United States fell for the first time in almost two years during the first quarter of 2022, according to a Federal Reserve report released on Thursday. The value of the country’s household net worth fell to $149.3. trillion, from a record high of $149.8 trillionRead More →
By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Tuesday ahead of the start of the latest Federal Reserve policy-setting meeting, while the Australian dollar soared after the Reserve Bank raised interest rates and signalled more to come. At 2:55 AM ET (0655 GMT),Read More →
© REUTERS AMD (AMD) Stock: 3 Analysts Discuss Results After Big Beat Sent Shares 6% Higher Shares of Advanced Micro Devices (NASDAQ:) are up nearly 6% in premarket trading Wednesday after the company issued better-than-expected Q2 revenue and margins outlook. For Q1, the chipmaker an adjusted EPS of $1.13,Read More →
© Reuters. By Gina Lee Investing.com – The dollar was down on Tuesday morning in Asia, alongside the Japanese yen and the Australian dollar. The latest COVID-19 outbreak in China saw lockdowns in some cities, but the focus is firmly on the U.S. Federal Reserve’s March . The thatRead More →
© Reuters By Dhirendra Tripathi Investing.com – Infosys ADRs (NYSE:) rose 5% on Wednesday after the company raised its annual revenue guidance following a strong third quarter. India’s second-largest software services firm said it expects revenue growth of 19.5% to 20% for the financial year to March, compared withRead More →
© Reuters. The dollar rose in Asia on Friday morning, but remained near a one-month low. The U.S. Federal Reserve maintained its latest stance in its latest, and disappointing U.S. economic data also hampered the rally of the U.S. currency for a month. The setback against a basket ofRead More →
© Reuters. By Yasin Ebrahim Investing.com – The dollar is winning over some of its detractors who have been pushed off the bearish bandwagon after the Federal Reserve’s hawkish tilt started the countdown on policy tightening much earlier than expected. The , which measures the greenback against a trade-weightedRead More →
© Reuters. By Peter Nurse Investing.com – The dollar maintained a strong tone in early European trading Wednesday, as traders looked forward to the conclusion of the two-day Federal Reserve meeting for guidance on future monetary policies. At 3:15 AM ET (0815 GMT), the , which tracks the greenbackRead More →
© Reuters. By Gina Lee Investing.com – The dollar inched up on Thursday morning in Asia after hitting a seven-month high against the yen during the previous session. With U.S. Treasuries recording and boosting the dollar, U.S. Federal Reserve Chairman Jerome Powell is also due to give a speechRead More →
© Reuters. By Peter Nurse Investing.com – The dollar edged higher in early European trade Wednesday in thin volumes, as traders continued to digest the implications of Pfizer’s potential Covid-19 vaccine. At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of sixRead More →
© Reuters. By Peter Nurse Investing.com – The dollar steadied in early European trade Tuesday, as traders looked again at the impact of the Covid-19 surge after Monday’s euphoric turn away from safe havens in the wake of Pfizer’s vaccine news. At 3:55 AM ET (0755 GMT), the DollarRead More →
© Reuters By Yasin Ebrahim Investing.com – The Dow notched gains Thursday, led by value stocks like energy and financials, on hopes the economy is set to get a much needed fiscal boost after House Speaker Nancy Pelosi suggested an agreement on stimulus was nearing the finish line. TheRead More →
© Reuters. By Yasin Ebrahim Investing.com – The pound fell Thursday despite the U.K. and EU resuming talks on a trade deal as experts warned that the display of brinkmanship from the U.K. amid negotiations risks an accidental no-deal Brexit. fell 0.47% to $1.3083. EU Brexit negotiator Michael BarnierRead More →
© Reuters. By Yasin Ebrahim Investing.com – The pound jumped against the dollar Wednesday as the U.K. and EU are set to resume Brexit talks after Britain welcomed the economic bloc’s desire to break the impasse in negotiations. rose 1.73% to $1.3129, its highest level since March. Post-Brexit tradeRead More →
Reuters. By Peter Nurse. Investing.com – The U.S. dollar rose slightly in early European trading on Monday, with talks over the latest U.S. stimulus measures seemingly in limbo as the election approaches. At 2:55 a.m. ET (0655 GMT), the dollar index, which tracks the dollar against a basket ofRead More →
© Reuters. By Yasin Ebrahim Investing.com – The dollar was flat Tuesday as Federal Reserve chairman Jerome Powell reiterated the central bank was in no hurry to stop supporting the economy and warned a slower recovery would keep rates lower for longer. The , which measures the greenback’s strength against aRead More →
Reuters. Yasin Ebrahim Investing.com – The pound fell sharply against the dollar on Tuesday as Prime Minister Boris Johnson raised fears of a no-deal Brexit after warning that Britain would end negotiations if there was no progress towards a deal by mid-October. It fell 1.35% to $1.2988. Johnson saidRead More →
Reuters. By Yasin Ebrahim. Investing.com – The dollar rode the euro’s slide to a more than one-month high on Monday and appeared to reclaim its safe-haven status amid the global growth turmoil amid rising odds of Europe reimposing lockdown measures to curb the spread of Covid-19. The , aRead More →
Reuters. By Gina Lee Investing.com – The dollar fell in Asia on Monday morning, but the focus was on the pound and yen. The pound recovered from its previous session’s losses as fears of a hard Brexit intensified. In Japan, the ruling party will vote for a new leaderRead More →
Reuters. By Yasin Ebrahim Investing.com – The pound is on track for its biggest weekly fall in nearly six months on Thursday as the European Union threatened legal action against Britain if it does not drop a bill aimed at scuttling the Brexit divorce deal. Down 1.56% at $1.2799,Read More →
Copyright Reuters. By Peter Nurse. Investing.com – The U.S. dollar weakened slightly in early European trading on Monday, dragged down by the U.S. authorization of a new coronavirus treatment, but the decline has been minimal as traders look for guidance on future U.S. monetary policy from the Federal Reserve’sRead More →
Reuters. By Peter Nurse Investing.com – Wednesday morning in Europe, the US dollar weakened, with the Federal Reserve minutes in focus, while stronger-than-expected inflation boosted the pound. At 2:50 a.m. ET (0650 GMT), the dollar index, which tracks the dollar against a basket of six other currencies, was downRead More →
By Christiana Sciaudone Investing.com – Try to find a reason not to buy Chegg (NYSE:). It’s a tough reason. The online textbook, tutoring and skills acceleration company has seen seven consecutive quarters of sales growth of 25% or more. Last quarter, that number was a whopping 63%, showing thatRead More →
© Reuters. BY Yasin Ebrahim Investing.com – The pound rose against the U.S. dollar on Wednesday and continued to maintain its third consecutive week of gains against the U.S. dollar. Before the Bank of England meeting on Thursday, weak economic data exceeded expectations. As the center of the BritishRead More →
© Reuters. By Gina Lee Investing.com – The dollar was up on Monday morning in Asia but saw gains capped as the U.S. economic recovery from COVID-19 slows down. The that tracks the greenback against a basket of other currencies gained 0.11% to 93.535 by 9:47 AM ET (2:47Read More →
