Stock market today: Wall Street poised to break records after Fed's first rate cut in over 4 years
Markets on Wall Street were positioned to open at record highs Thursday after the Federal Reserve issued a bigger-than-usual interest rate cut intended to fortify a cooling labor market and
Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years
Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates. Japan's Nikkei 225
Dollar edges lower in choppy trading after Fed rate cut
The U.S. dollar edged slightly lower 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.
US Stocks Rise As Market Digests Big Fed Rate Cut
Wall Street stocks rose early Thursday as the market continued digesting the Federal Reserve's interest rate cut, which was larger than some analysts had expected.
Fed announces cut to federal interest rate, driving stocks up
The U.S. Federal Reserve Board on Wednesday announced a slight cut to the federal funds rate, the first cut since March of 2020, when rates were
US stocks climb, dollar drops after bumper Fed cut
Major stock indexes rose and the dollar dropped on Wednesday as traders digested a chunky interest rate cut from the Federal Reserve, which moved to lower borrowing costs in the world's largest economy for the first time in more than four years.
Stocks Higher, Dollar Lower Post Fed's Rate Cut
The Federal Reserve's 50 bp rate cut has made for a volatile 15 hours or so in the foreign exchange market. Click to read.
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 US dollar despite the Federal Reserve delivering a 50-basis-point rate cut. The 1-month Dollar / Rupee non-deliverable forward (NDF) declined to 83.
Daily Post Nigeria on MSN5h
Naira to dollar exchange rate records slight depreciation on Thursday
The Naira slightly depreciated against the dollar at the close of trading at the foreign exchange market on Thursday. FMDQ ...
Nigerian Tribune3h
$2.35bn net inflow helped stabilise Naira in foreign exchange market — Edun
Wale Edun said the country now records about $2.35 billion as net inflow into the Central Bank of Nigeria‘s foreign reserves ...
India's foreign exchange reserves hit fresh high
India's foreign exchange reserves extended their winning run for a fourth straight week to hit a record high of $689.24 ...
Business Recorder22h
Open market rates of foreign currencies
KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on Wednesday ...
Malaysia Sun21h
Market exchange rates in China -- Sept. 19
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the ...
Cuba Headlines1d
Currency Exchange Rates in Cuba's Informal Market
The informal currency market in Cuba continues to exhibit a trend of relative stability, showing no significant changes in ...
Essentra Shares Plummet on Profit Warning, Weak Market Conditions
Essentra shares plummeted after it warned that full-year operating profit is expected to be below expectations due to weak trading conditions in Europe and North America.
tbsnews17h
Anisul, Salman remanded in foreign exchange act case
A court today placed former law minister Anisul Huq and Salman F Rahman, former private industry affairs adviser to ousted prime minister Sheikh Hasina, on a five-day remand in a case lodged under The ...
Cuba Headlines2d
Currency Exchange Rates in Cuba's Informal Market: USD, EUR, and MLC
The foreign exchange market operating outside the boundaries set by the Cuban regime continues to dictate the exchange rates ...
Public holiday: Why RBI has said there will be no trading in government securities, foreign exchange markets, money markets on September 18, 2024
The Reserve Bank of India has stated that trading activities in some financial markets will be halted on September 18, 2024, ...