S&P 500, Nasdaq 100 Hit by Hawkish Fedspeak & Apple Selloff
[ad_1] STOCK MARKET OUTLOOK: U.S. stocks selloff on Thursday on risk-off mood on Wall Street, with Apple’s shares dropping nearly 5% The S&P 500 falls 2.11% while the Nasdaq 100…
Fed’s Favorite Inflation Gauge Rises to 4.9%, Reinforcing the US Dollar Advance
[ad_1] US PCE KEY POINTS: August U.S. consumer spending rises 0.4% on a monthly basis versus 0.2% expected Core PCE, the Fed’s favorite inflation gauge, increases 0.6% month-on-month, compared to…
EUR/USD at Multi-Decade Lows Amid Broad USD Momentum, Sterling Crisis Weighs
[ad_1] EUR/USD OUTLOOK: EUR/USD begin the week on back foot, setting a fresh multi-decade low The U.S. dollar maintains momentum as U.S. Treasury yields accelerate their advance The UK currency…
EUR/USD Muted Post Hawkish Fed Verdict but Still a Falling Knife
[ad_1] EUR/USD OUTLOOK: The euro lacks conviction against the U.S. dollar on Thursday, moving between small gains and losses The Fed hawkish monetary policy outlook could reinforce EUR/USD’s bearish bias…
USD/JPY at Pivotal Point Ahead of Fed, BoJ Rate Decision
[ad_1] USD/JPY OUTLOOK: BULLISH USD/JPY traded slightly lower on Friday, but managed a small gain on the week The Fed and the Bank of Japan monetary policy decision will be…