U.S. Dollar Set for Monthly Loss as Federal Reserve Signals Rate Hike Pause
In early European trade on Monday, the U.S. dollar showed slight gains, but it is still on track for a monthly loss as traders assess the possibility of an end to the Federal Reserve’s tightening cycle. Meanwhile, the Japanese yen weakened following the Bank of Japan’s shift in monetary policy. At 03:10 ET (07:10 GMT), […]
World stocks rose at the end of the week. Belief in a “soft landing” for the US economy helped
The development of global markets in the past week was influenced by both the monetary policy decision of the U.S. central bank and fresh economic data, as well as investor sentiment, with the expectation that the strongest global economy will avoid a recession. All three indexes of the New York Stock Exchange strengthened at the […]