Dollar’s smile makes Wall Street frown: McGeever By Reuters

© Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Jamie McGeever ORLANDO, Florida (Reuters) -The ‘dollar smile’ can be a blessing for Wall Street, or a curse. Right now, with the dollar’s boom being driven

Elevated Yields, Weaker Wall Street Handover Keeps Wait-and-See in Place

Recommended by IG Forex for Beginners Market Recap Despite a resilient start to the week, Wall Street did not manage to find much follow-through overnight (DJIA -0.51%; S&P 500 -0.28%; Nasdaq +0.06%), as elevated Treasury yields and the lack of further heavy-lifting by Nvidia (-2.8%) kept a cautious tone in place. The US two-year yields

Subdued Start in Asia as Wall Street Rally Fizzles

An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US Consumer Price Index (CPI) release, prompting the US dollar to pare its earlier losses. Both headline and core US CPI surprised on the downside, which will likely provide grounds for the Fed to

Bears licking their lips as bulls face wall of resistance

Share: EUR/USD bulls are in the market but face a wall of resistance. EUR/USD bears eye the 4-hour W-formation and a move into test key support. EUR/USD traded higher Friday as the US Dollar bears pounced on data that inflation showed further signs of cooling in June according to Personal Consumption Expenditure data. However,

لبه های Wall St پایین تر؛  Lyft در چشم انداز نامطلوب فرو می رود

(رویترز) – شاخص‌های اصلی سهام ایالات متحده در روز جمعه با کاهش شدیدی باز شدند، شرکت‌های رشد مگاکاپ تحت فشار پس از افزایش بازدهی خزانه‌داری قرار گرفتند، در حالی که سهام Lyft سقوط کرد زیرا این شرکت سواری سود سه‌ماهه جاری را بسیار کمتر از برآوردها پیش‌بینی کرد. داوجونز Industrial Average 28.34 واحد یا 0.08