The US Dollar (USD) trades broadly steady on Friday after Thursday’s sharp decline, when traders revalued the Greenback after the US Federal Reserve (Fed) joined the European Central Bank (ECB) an...
HSBC (HSBA) share price has risen for two consecutive weeks as investors focus on the actions by central banks and the new management. The stock was trading at 665p in London, up by over 16% this year...
The GBP/USD outlook shows solid bullish momentum after a supersized Fed rate cut and a pause by the Bank of England. The massive Fed rate cut weighed on the dollar, which fell against most major peers...
The week is winding down and the US dollar is mostly consolidating against the G10 currencies. Two exceptions stand out. First, sterling is the only G10 currency higher on the day. It follows the BOE&...
The AUD/USD pair clings to gains above the round-level support of 0.6800 in Friday’s European session. The Aussie asset remains broadly firm amid growing speculation that the Federal Reserve (Fed) ...
It looks like the market is processing the Fed’s aggressive 50 basis point rate cut and the potential for a “soft landing” for the U.S. economy. The rally in major indices, particularly the tech...
Nike announced a major leadership change, with longtime company veteran Elliott Hill replacing John Donahoe as CEO effective October 14, 2024.Nike Inc. (NKE), the global sportswear giant, is undergoin...
The AUD/USD pair has climbed to a new peak, reaching 0.6815, marking the highest level since 28 December of the previous year. This strength in the Australian dollar is partly due to the aggressive ra...