The post-Fed scramble to cut overbought/oversold currency positions continued last night, sending the Aussie back toward 79. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Having understandably tanked over 2% on Wednesday night, the US dollar has bounced straight back. Dow down 117. (Accessible only for subscribers before 10:15 AEST)
The Fed removed “patient” but countered by downgrading its US economic outlook based on the data, sending global markets into a frenzy last night. Dow up 227. (Accessible only for subscribers before 10:15 AEST)
Wall Street pulled back last night as it awaits tonight’s Fed statement and press conference. Dow down 128. (Accessible only for subscribers before 10:15 AEST)
West Texas crude hit a new six-year low last night but Wall Street surged ahead of this week’s Fed meeting. Dow up 228. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Surprisingly weak US retail sales numbers saw Wall Street about-face on Fed rate rise fears last night. Dow up 259. (Accessible only for subscribers before 10:15 AEST)
Kathleen Brooks of FOREX.com suggests it’s hard to stop a runaway train, unless the Fed surprises.
As the greenback continues to soar, Wall Street worries about Fed policy. Dow down 25. (Accessible only for subscribers before 10:15 AEST)