Author: FX
Coeur d'Alene Bancorp declares $0.29 dividend Source link
<ul><li>S&P 500 down 24 points to 3995 (-0.6%)</li><li>Nasdaq -0.8%</li><li>Russell 2000 -0.6%</li><li>DJIA -0.4%</li><li>Toronto TSX Comp -0.5%</li></ul><p>The initial reaction was strongly negative to the Fed statement and that briefly extended on Powell's comments before a rebound. The bounce even led the indexes into positive territory briefly before sellers took over again. I don't think we've seen the final word on that market's reaction to the FOMC.</p> This article was written by Adam Button at www.forexlive.com. Source link
US Dollar is back on its backside following a mixed reaction to the Fed event. Two-way price action was the outcome in financial asset classes to the Fed and US Dollar prints fresh bear cycle low. The US Dollar is tailing off from the highs that were made on the knee-jerk in what was perceived to be a hawkish rate hike of 50 basis points by the United States Federal Reserve. At the time of writing, DXY, an index that measures the US Dollar vs. a basket of currencies, is correcting all of the post-Fed announcement rally from the high of 104.163 to…
Vanguard Financials ETF declares quarterly distribution of $0.6167 Source link
Indices Talking Points:This afternoon brings the FOMC’s final rate decision of 2022, with the wide expectation for a 50 basis point hike. The bigger question is what the FOMC is looking at for next year.Yesterday brought a strong intra-day reversal, as US equity prices initially jumped at the CPI release, only to pull back in the remainder of the day, exposing a long upper wick on the daily candles of the S&P 500, Nasdaq and Dow Jones.The 2022 low was set on October 13th on the heels of a CPI release, two months to the date ahead of yesterday’s CPI…
2/2 © Reuters. A supporter of Istanbul Mayor Ekrem Imamoglu stands in front of a police barrier as a Turkish court convene to reach a verdict in the trial of Imamoglu, who is accused of insulting state officials with comments he made at the time of elections in 2019, wi 2/2 By Ali Kucukgocmen ISTANBUL (Reuters) -A Turkish court sentenced Istanbul Mayor Ekrem Imamoglu to jail on Wednesday and imposed a political ban on the opposition politician who is seen as a strong potential challenger to President Tayyip Erdogan in elections next year. Imamoglu was sentenced to two years and…
The major US stock indices are trading mixed/little changed at the open.For the S&P index, it’s 200 day moving average comes in at 4032.31. Getting back above the moving average and stay above the moving average would be more bullish from a technical perspective.S&P index testing its 200 day moving averageYesterday the major indices rose but were well off their high levels for the day at the close. Source link
The sell-off in the US Dollar in recent weeks has lifted EUR/USD completely clear of parity. Looking ahead to the New Year, however, there are plenty of factors that could still unnerve EUR bulls, economists at Rabobank report. Out of the woods? “The ECB has a specific challenge given the different debt profiles within member nations and the possibility of spread widening vs. Bunds, particularly in the BTP market, once QT starts. This could trigger risk aversion and weigh on the EUR.” “Insofar as the current account surplus of the Eurozone has been eroded by expensive energy imports, the EUR is…
At least once in your trading career, you’ve probably felt the need to take more trades even though you’ve already incurred more than your usual daily losses. In such instances, you often think to yourself that with more trades you will be able to offset your losses for the day. But what if they end up being losers? Then, my friend, you set yourself up for more pain and dug yourself a deeper hole to climb out of. Proper risk management crucial if you don’t want to lose your shirt, and it’s particularly important for day traders who make many…
Nutriband approved for dual listing on Upstream Source link