Notwithstanding a spate of positive GDP data from the euro zone, the euro slipped against the U.S. dollar on Wednesday as rising yields on treasuries amid growing speculation that the Federal Reserve’s multi-billion asset...
The U.S. dollar index rose on Tuesday amid rising speculation that the Federal Reserve will soon start to wind down its quantitative easing amid improving macroeconomic environment. A better-than-expected retail sales data release on...
U.S stocks held losses by mid-day trading on Friday and major averages were heading to post a worst weekly performance since June as the market sentiment remained unenthusiastic due to uncertainty over the tapering...
The U.S. dollar traded broadly lower against all major traded currencies on Thursday as uncertainty as to when and at what pace the Federal Reserve will scale down its bond purchase program weighed on...
Stocks ended on a mixed note in a choppy trading session on Monday as investors took a breather after the Dow Jones and the S&P 500 rose to record high levels last week. The...
The U.S. dollar index edged up on Monday, paring initial weakness after the Institute of Supply Management’s (ISM) non-manufacturing index showed higher than expected gains in July, underpinning the fact that the U.S. economy...
Stocks edged higher in trading on Friday even as market participants digested weaker than expected non-farm payrolls data. The S&P 500 and the Dow Jones closed at record high levels. The Dow Jones ended...
The U.S. dollar fell sharply against all major traded currencies on Friday after the Labor Department’s non-farm payrolls report showed that hiring cooled off in July, raising hopes that the Federal Reserve will continue...
Thursday turned out to be a historic day on Wall Street as the S&P 500 crossed the 1,700 level for the first time. Stocks rallied as market participants digested some robust economic data. All...
The euro fell against the U.S. dollar on Thursday as investors chose to cut positions on the common currency ahead of the policy rate statement from the European Central Bank (ECB). It is widely...