Dollar regained some traction overnight, supported by strong services sector data that bolstered expectations for Fed to hold interest rates steady this month. Fed fund futures now imply a 95% probability of no rate cut in January, up from 90% last week. The upbeat economic performance placed moderate downward pressure on both equities and bonds, […]
The post Dollar Regains Ground Ahead of FOMC Minutes, Aussie Weakens on RBA Fed Cut Prospects appeared first on Action Forex.
Investors are starting to pay closer attention to the months-long selloff in longer-dated Treasury bonds and its implications for the stock market’s performance and the health of the domestic economy heading into the first half Read more…
Choosing a cruise isn’t easy. There are many layers to the decision from selecting a cruise line and a cruise ship in that line’s fleet to determining your cruise length and settling on a cruise Read more…
The Australian dollar has edged lower on Thursday. In the North American session, AUD/USD is trading at 0.6198, down 0.28% on the day. Australian retail sales point to cautious consumers Australian retail sales rose 0.8% Read more…