Traders
US dollar’s resilience in face of Fed cuts disappoints traders
Traders betting big on a weaker US dollar are facing disappointment – at least for now – as the greenback remains resilient following the Federal Reserve’s half-point interest-rate cut.Despite...
Gold hovers near record high as traders navigate Fed’s giant rate cut
GOLD prices steadied near record highs on Friday (Sep 20) and were poised for a weekly gain, as markets adjusted to the US Federal Reserve’s recent super-sized interest rate...
Asia: Tokyo surges on weak yen as traders cheer big US rate cut
TOKYO’S Nikkei led Asian markets higher on Thursday as the yen hit a two-week high after the Federal Reserve announced a bumper interest rate cut and pledged a series...
Chinese stock traders ponder just how bad the economy can get
A slew of poor economic data from China is deepening pessimism among equities traders wondering what it’d take for authorities to initiate forceful stimulus.Figures released on Saturday (Sep 14)...
US: Wall Street advances as traders’ bets rise for bigger Fed rate cut
Wall Street’s main indexes closed higher on Friday (Sep 13) as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week,...
Asia: Most markets rise as traders gear up for Fed rate cut
ASIAN markets mostly rose on Friday and the yen sat around nine-month highs after another healthy day on Wall Street as investors gear up for an expected US interest...
US dollar recovers as traders scale back bets of big Fed rate cut
THE US dollar rallied against the yen and other major currencies on Monday (Sep 9) as investors looked ahead to US inflation data after Friday’s mixed payrolls report sparked...
Asia: Markets swing as traders prepare for US jobs data
ASIAN markets drifted on Friday as traders positioned themselves ahead of a highly anticipated US jobs report later in the day and following a mixed bag of economic data...
