US dollar falls as markets believe Fed is done hiking rates
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar fell against most currencies on Wednesday as investors perceived that Federal Reserve Chairman Jerome Powell’s statements after its two-day policy meeting suggested the U.S. central bank may be done raising interest rates. The policy-setting Federal Open Market Committee (FOMC), as expected, left rates…
Japan’s yen sinks broadly as BOJ policy adjustment seen inadequate
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The yen plummeted across the board on Tuesday, dropping to a 15-year low against the euro and a new one-year trough versus the dollar, after a minor step adopted by the Bank of Japan (BOJ) toward ending years of monetary stimulus failed to appease some investors…
Japanese yen rises to two-week high vs dollar on talk of BOJ policy tweak
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The Japanese yen climbed to a two-week peak against the dollar on Monday after a report said the Bank of Japan is considering tweaking its yield curve control policy to allow the 10-year Japanese government bond yield to rise above 1% when it concludes its meeting…
Market Close Notice: November Holidays Schedule
Dear AGF Members Please be informed the November holiday trading schedule will be as follows: 23th November Thanksgiving Day 24th November Black Friday AUS200 Close at 21:00 Close at 21:00 HKG33 Close at 19:00 Close at 19:00 JP225 Close at 18:00 Close at 18:15 NAS100 Close at 18:00 Close at 18:15 SPX500…
Gold back above $2,000 as investors seek hedge to Gaza invasion fear
Investing.com – Gold bulls recaptured the $2,000 an ounce territory that had eluded them the past two months as investors sought shelter in safe havens amid increasing worry that Israel would indeed push through with a full ground invasion of Gaza to flush out Hamas militants from the Palestinian land. Gold’s most-active futures…
Dollar up as risk sentiment sours, Treasury yields rise
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar rose to a near 1-week high against a basket of currencies on Wednesday, as investors’ appetite for riskier currencies faded following lacklustre corporate results that raised worries over the economic outlook, and as Treasury yields rose. Risk sentiment took a hit as tech…
Dollar falls as Treasury yields retreat
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Monday, tracking a retreat in U.S. Treasury yields from the 5% level hit earlier in the session, and as traders awaited fresh U.S. economic data due later this week. The yield on the benchmark 10-year U.S.…
Notification on Identity Fraud of AGF
We would like to inform the public that recently, there have been people who have taken the opportunity to impersonate AGF on social media without permission and have been promoting their investment projects. Promises to get capital and profit in a short time. Therefore, we are not responsible these advertisements and call on…
Dollar dips on dovish Powell comments
By Karen Brettell NEW YORK (Reuters) – The dollar dropped on Thursday after Federal Reserve Chair Jerome Powell was interpreted as being generally dovish in comments made at an economic forum, even as he warned that the U.S. central bank could raise interest rates again. The U.S. economy’s strength and continued tight labor…
Dollar mixed after earlier bounce on strong US retail sales
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Tuesday, but ended lower against the euro after data showed that U.S. retail sales rose more than expected in September, with investors also focused on a busy week of speeches by Federal Reserve officials. Retail sales rose 0.7%…
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