Dollar, Fed
Rupee faces challenge as US dollar surges after Fed's large rate cut
The Indian rupee's recovery on Thursday will have to contend with a broadly higher U.S. dollar despite the Federal Reserve delivering a 50-basis-point rate cut. The 1-month dollar/rupee non-deliverable forward (NDF) declined to 83.
The Fed rate cut affects the US dollar. Should international travelers worry?
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. As a result, the value of the dollar abroad fell slightly. Nevertheless, there's no need to rush to the nearest foreign currency exchange bureau if you have a trip abroad planned in the near future.
With the Fed set to cut interest rates, the dollar is losing a bit of its shine with foreign investors
The effect of a declining dollar is likely to be subdued, said economist Eswar Prasad, since other nations are seeing weak economic growth.
Dollar slips in choppy trading as traders grapple with Fed's giant rate cut
The U.S. dollar slipped in choppy trading on Wednesday as markets grappled with the supersized 50 basis point interest rate cut, as well as the switch to an easing monetary policy stance delivered by the Federal Reserve.
Stock Market Today: Dow futures eye record high after Fed's big rate cut
Medium- to long-term Treasury yields turned higher Thursday morning, after weekly initial jobless claims reached their lowest level in months and one factory gauge reflected improving conditions. The rise in rates was led by the so-called long end of the curve,
Dave Grohl's Wife Reportedly Offered Multi-Million Dollar Deal For Tell-All Book About Her Marriage
Dave Grohl's wife, Jordyn Blum, is reportedly considering a multimillion-dollar deal for a tell-all book after her husband's ...
All the fancy dinnerware items we found at Dollar Tree, starting at just $1.25 apiece
You might think of Dollar Tree as a place to scoop up wallet-friendly gifting essentials, party supplies and the occasional ...
Multi-Million Dollar Texas Stadium Project Gets Green Light
Major League Soccer's ( MLS) third-oldest soccer-specific venue is slated to get a makeover worth almost $200 million, it has ...
The biggest threat to the US dollar is America's exorbitant debt load, JPMorgan says
Though Treasurys are attractive for their safe-haven repute, several analysts voiced concern that this is at risk. US ...
STAT2d
Biotech feud over the multibillion-dollar cancer blood test market spills onto social media
A rival CEO's confrontational social media post underscored the high stakes in the race to develop and deploy cancer ...
Dollar Tree Stock: Could Cutting Losses on Its Decade-Old Gamble Reignite Shares?
Another point to consider is Dollar General's ( DG 1.18%) outperformance since the July 6, 2015, acquisition. It's Dollar ...
Global stocks are mixed as Wall Street's rate cut-fueled rally fades
European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates fades ...