ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Todd Jablonski of Principal Asset Management says the dollar weakness is unsurprising given its extended rally over the past several years, but he anticipates it to appreciate once U.S. President Donald Trump reinstates “traditional policies”. He also says the U.S. 30-year Treasury…
The U.S. dollar slipped on Thursday as the Sino-U.S. trade war sapped investor sentiment. Daniel Munoz | Photodisc | Getty Images The U.S. dollar slipped Thursday as the Sino-U.S. trade war sapped investor sentiment, while growing confidence of the U.S. Federal Reserve cutting its policy interest rate this year also weighed on the greenback. The…
By Nimesh Vora MUMBAI (Reuters) -The rupee is set to open higher on Monday, supported by its recovery in the non-deliverable forward market, while traders remain focused on potential fallout from U.S. tariffs and the upcoming U.S. inflation data. The 1-month non-deliverable forward indicated the rupee will open in the 87.52-87.56 range versus the U.S….
It’s been a chaotic quarter for the U.S. stock market. In April, indices approached bear market-territory, while economic turmoil roiled bonds and sunk the U.S. dollar. The quarter ended, though, on a dramatically different note as the S&P 500 closed at record highs in each of the past two sessions, reflecting soaring confidence by investors….