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US dollar sinks under Fed"s pledge to keep rates low during coronavirus swoon

The U.S. dollar on Thursday plunged to a more than 2.5-year low against a basket of its peers after the Federal Reserve pledged to keep interest rates low until the economy shows signs of a sustainable recovery......»»

Category: topSource: foxnewsDec 17th, 2020

Financial Stocks Could Be In Focus Today After Powell Speech; Cisco Reports This Afternoon

The market seems caught in mixed thinking. On the one hand, excitement about the economy slowly starting to reopen has boosted .....»»

Category: earningsSource: benzingaMay 13th, 2020

The Fed: Fed’s Kashkari throws cold water on White House optimism about a ‘snapback’ economic recovery

Minneapolis Fed President Neel Kashkari on Sunday said White House expectations of a strong second-half rebound in the economy was less likely than a slow, more gradual, recovery......»»

Category: topSource: marketwatchMay 10th, 2020

Weaponizing The Dollar In A Post-COVID Cold War

Weaponizing The Dollar In A Post-COVID Cold War Author.....»»

Category: blogSource: zerohedgeMay 6th, 2020

‘It’s appalling to attach a dollar number to a human life — for non-economists.’ Can Trump save the economy and save lives?

‘You can’t ask the people of this state or this country to choose between lives lost and dollars gained,’ New York Gov. Andrew Cuomo said......»»

Category: topSource: marketwatchApr 26th, 2020

Small-Caps Bounce Back: Buy 8 Trending ETFs

Extension of paycheck protection program, some forgivable loans, stronger dollar and the talks of reopening of the economy should support the small-cap ETFs. .....»»

Category: smallbizSource: nytApr 24th, 2020

The S&P Is Caught In A Gamma Trap, Preventing Turmoil From Record High Valuations

The S&P Is Caught In A Gamma Trap, Preventing Turmoil From Record High Valuations Over the past three days, despite a barrage of negative news about the global economy and crushed hopes about Gilead's Remdesivir treatmen.....»»

Category: blogSource: zerohedgeApr 24th, 2020

Metals Stocks: Gold prices rise over 2% to retake $1,700 as BofA forecasts the metal will surge to $3,000

Gold futures climb on Wednesday as weakness in the U.S. dollar and nagging concerns about the global economy, supported a rally in the precious metal, a day after prices settled at a nearly two-week low......»»

Category: topSource: marketwatchApr 22nd, 2020

Stocks rally as investors take heart on U.S. economic reopening plan

Global stocks rallied on Friday on President Donald Trump's plans to revive the coronavirus-hit U.S. economy and a report about a clinical trial for a potential drug to treat COVID-19, while the dollar fell amid investors' growing risk-on sentiment......»»

Category: topSource: reutersApr 17th, 2020

Global stocks rally as investors take heart on U.S. economic reopening plan

Global stocks rallied on Friday on President Donald Trump's plans to revive the coronavirus-hit U.S. economy and hopes of a potential drug to treat COVID-19, while the dollar fell amid investors' growing risk-on sentiment......»»

Category: topSource: reutersApr 17th, 2020

Global stocks race toward second weekly gain

Global stocks rallied on Friday on President Donald Trump's plans to revive the coronavirus-hit U.S. economy and hopes of a potential drug to treat COVID-19, while the dollar fell amid a growing risk-on sentiment among investors......»»

Category: topSource: reutersApr 17th, 2020

Metals Stocks: Gold down a second session as the dollar strengthens following a jump in U.S. jobless claims

Gold futures gave up earlier gains to end lower on Thursday, pressured as the U.S. dollar strengthened in the wake of a surge in weekly U.S. jobless claims that underlined a rapid deterioration in the economy from the COVID-19 pandemic......»»

Category: topSource: marketwatchApr 16th, 2020

Dollar perched at one-week highs before U.S. jobless data

The dollar consolidated its gains against other currencies on Thursday before the release of weekly U.S. jobless data likely to provide more evidence of the world's biggest economy hurtling into a deep recession......»»

Category: topSource: reutersApr 16th, 2020

Dollar consolidates gains before U.S. jobless data"s release

The dollar consolidated its gains against other currencies on Thursday before the release of weekly U.S. jobless data, which are likely to provide more evidence of a deep recession in the world's biggest economy......»»

Category: topSource: reutersApr 16th, 2020

Stocks slide and dollar rally runs as economic realities bite

Asia's stock markets retreated from their highest levels for a month and the dollar extended gains on Thursday as the damage the coronavirus has wrought on the world economy soured appetite for risk......»»

Category: topSource: reutersApr 16th, 2020

Metals Stocks: Gold tallies 4th straight session gain as dollar slumps and corporate earnings get under way

Gold futures end higher Tuesday, gaining support from concerns about weakness in the global economy, as well as corporate quarterly results, due the cessation of business activity intended to stem the spread of COVID-19......»»

Category: topSource: marketwatchApr 14th, 2020

Metals Stocks: Gold heads for a 4th straight session gain as dollar slumps and corporate earnings get under way

Gold futures on Tuesday headed higher, gaining support from concerns about weakness in the global economy as well as corporate quarterly results due the cessation of business activity intended to stem the spread of COVID-19......»»

Category: topSource: marketwatchApr 14th, 2020

Metals Stocks: Gold price aims for 9-year high as dollar slump and corporate earnings get under way

Gold futures on Tuesday headed higher, gaining support from concerns about weakness in the global economy as well as corporate quarterly results due the cessation of business activity intended to stem the spread of COVID-19......»»

Category: topSource: marketwatchApr 14th, 2020

Wealthy Preppers Are Riding This Out In Multimillion-Dollar Bunkers

Wealthy Preppers Are Riding This Out In Multimillion-Dollar Bunkers Authored by Sarah Begley via Medium.com, Cold War backyard bunkers are out. Subterranean communes are in... In a sense, all of us .....»»

Category: blogSource: zerohedgeApr 14th, 2020

‘It’s appalling to attach a dollar number to a human life.’ Can President Trump save the U.S. economy and save lives?

‘You can’t ask the people of this state or this country to choose between lives lost and dollars gained,’ New York Gov. Andrew Cuomo said......»»

Category: topSource: marketwatchApr 13th, 2020