Indices Back On Track As S&P Notches Another High
Traders continue to evaluate the expectations of an interest rate cut in next month’s meeting.
EUR/USD Stands Tall On Risk-On Markets And A Softer US Dollar
The Euro extends gains to levels near 1.1600 with Fed easing hopes weighing on the US Dollar.
Reeve's Budget And Us Beige Book Still To Come After Market Swings Toward A Fed Cut And PBOC Validates Stronger Yuan
The US dollar is mostly lower today. The pendulum has shifted hard in favor of a rate cut next month and this has taken the wind from the dollar's sails.
The RBNZ Lowered The Interest Rate To 2.25%
At its final meeting of the year, the Reserve Bank of New Zealand lowered the official cash rate by 25 basis points to 2.25%.
Two Trades To Watch: GBP/USD, Oil Forecast - Wednesday, Nov. 26
Oil falls to a 5-week low on Ukraine-Russia peace deal progress.