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India's forex reserves hit record high of $651.5 billion as of May 31
Reuters via Yahoo Finance· 14 hours agoIndia's foreign exchange reserves hit a record high of $651.5 billion as of May 31, the governor of...
Learn how to interpret a foreign exchange quote, and how to think about gains and losses with...
The Motley Fool· 3 days agoThe currency market is very different from any other financial market. Whereas an investment in a stock is a bet on a company, a foreign exchange position ...
ECB’s Interest Rate Decision and its Impact on EUR/USD Exchange Rate
MarketPulse· 2 days agoThe European Central Bank is scheduled to announce its main refinancing rate on its June 6th, 2024...
Kennametal (KMT) Down 4.7% Since Last Earnings Report: Can It Rebound?
Zacks via Yahoo Finance· 4 hours agoOrganic sales growth in the quarter was flat. Forex woes had an unfavorable impact of 1% and...
Dollar higher on US business activity boost
StreetInsider· 1 hour agoS&P Global said that its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, jumped to 54.4 this month. "The currency action shows ...
BoC rate cut likely to be followed by more in 2H24
Investing.com· 2 days agoThe impact on the Canadian dollar was minimal and brief, which ING analysts attribute to market anticipation of a 20 basis point cut prior to the...
USD/JPY forecast: Japanese yen interventions could backfire | Invezz
Invezz· 3 days agoThe USD/JPY exchange rate rally has stalled in the past few weeks, helped by the robust Bank of...
Japan’s Retail Trader Masses Get Right Back Into Yen Carry Trade
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Political upheavals, tumbling stock markets, spiking volatility and a flash crash...
Rate Cuts Are Already Here For One G-7 Economy
Morningstar· 1 day agoBank of Canada officials signaled more rate cuts are possible as inflation cools. The Bank of Canada cut its main interest rate by a quarter percentage ...
US dollar to weaken, but Fed rate cuts are required, say strategists: Reuters poll
Reuters· 3 days agoAt the beginning of the year, forecasters and financial markets had predicted the U.S. Federal Reserve would have cut rates at least once by now. With latest interest rates futures pricing showing ...