Dollar slips in choppy trading as traders grapple with Fed's giant rate cut
The U.S. dollar slipped in choppy trading on Wednesday as markets grappled
September 18, 2024Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
The U.S. dollar slipped in choppy trading on Wednesday as markets grappled
September 18, 2024U.S. stock markets ended nearly flat after hitting record highs on Tuesday and the dollar stood firm as strong economic data allayed slowdown fears and investors
September 17, 2024The S&P 500 and the Nasdaq gained ground while Brent crude prices hit a 3-1/2-year low on Tuesday amid concerns over softening global demand a day ahead of key
September 10, 2024The dollar snapped back against the yen and other major currencies on Monday after losses last week, as investors looked ahead to key U.S. inflation
September 09, 2024The U.S. dollar eased against most major currencies on Thursday in choppy trading as investors braced for Friday's U.S. payrolls report,
September 04, 2024MSCI's global equities gauge fell for a third day in a row and oil prices lost ground on Wednesday, while safe-haven assets such as U.S.
September 03, 2024Global stocks edged higher in choppy trading on Friday, making it the fourth consecutive month of gains despite a bout of heavy selling in
August 30, 2024The U.S. dollar rose for a second straight session on Thursday after data showed the world's largest economy grew a little faster than expected in the
August 29, 2024Sterling climbed to its highest against the U.S. dollar in more than two years on Tuesday, while the greenback dropped to a more than one-year low
August 27, 2024Global stocks hovered near their highest in a month on Tuesday, while the dollar hit an eight-month low, as investors focused on bets that
August 20, 2024The dollar fell to a seven-month low and the Japanese yen hit a more than one-week high as traders awaited comments from Federal Reserve Chair Jerome Powell this
August 19, 2024Global shares pushed higher on Friday, adding to weekly gains, after encouraging U.S. economic data helped soothe fears of a recession in the
August 16, 2024Surprisingly weak U.S. employment data on Friday stoked fears of a recession ahead, prompting investors to dump stocks and turn to safe-
August 02, 2024The dollar added to losses on Wednesday after the Federal Reserve held interest rates steady but opened the door to reducing borrowing costs as soon as its next
July 30, 2024The yen edged lower from a 2-1/2-month high against the U.S. dollar on Thursday, as financial markets stabilized, with investors looking ahead to next
July 25, 2024The yen rose for a second straight session against the dollar on Tuesday, boosted by comments from a senior Japanese politician about normalizing
July 23, 2024World stock indexes fell on Friday as a global cyber outage rattled investors by disrupting operations across multiple industries, while
July 19, 2024The yen rose sharply on Wednesday
July 17, 2024The dollar fell slightly on Monday after comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets that an assassination attempt
July 14, 2024The dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening, while a global
July 12, 2024The dollar dropped on Thursday after data showed headline consumer prices unexpectedly fell in June, while a sharp gain in the Japanese yen sparked speculation of a
July 11, 2024The U.S. dollar surged to a fresh 38-year peak against the yen on Monday, as Treasury yields on the long end rose sharply, keeping investors on
June 30, 2024Global stock indexes edged lower on Friday, reversing early gains as investors absorbed data that showed U.S. inflation was flat in May but in line with
June 28, 2024The U.S. dollar drifted lower against most currencies on Thursday, pressured by softening data in the world's largest economy that backs expectations
June 26, 2024The U.S. dollar rose on Tuesday, bolstered by hawkish comments from Federal Reserve officials as well as data showing a stable housing market in the
June 24, 2024