Dollar braces for crucial December with Fed meeting, Powell’s successor pick

Dollar braces for crucial December with Fed meeting, Powell’s successor pick
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Dollar braces for crucial December with Fed meeting, Powell’s successor pick
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Week in review The US stock markets started 2026 on a high note, with the S&P 500 and Nasdaq rallying on the first trading day thanks to renewed investor confidence. Technology companies led the comeback, with giants like Nvidia and Broadcom posting strong gains after a few difficult days at the end of December. Although…
(Reuters) – The top U.S. oil and corn industry lobby groups said on Tuesday they were suing the administration of President Joe Biden over its plan to slash planet-warming emissions from heavy-duty vehicles, arguing the regulations will cause economic harm. The U.S. Environmental Protection Agency this spring finalized new rules for models of semi-trucks, buses…
Monday’s trading session on US stock exchanges was characterized by increased volatility and a pronounced sectoral split. By the end of Monday, the Dow Jones Index (US30) rose by 0.11%. The S&P 500 Index (US500) fell by 0.39%. The Tech Index NASDAQ (US100) closed lower by 0.73%. Despite Jerome Powell’s attempts to calm the markets…
Silver (XAG/USD) price turns positive on Friday after posting back-to-back bearish sessions, as heightened tensions in the Middle East decreased the white metal’s safe-haven appeal, prompting traders to turn to the US Dollar (USD). Nevertheless, buyers emerged, pushing XAG/USD higher and driving it near the $70.00 figure, up 2.70%. XAG/USD Price Forecast: Technical Outlook Silver…
The Australian Securities and Investments Commission (ASIC) has reported that Daniel Farook Ali, once a director of DanFX Trade Pty Ltd., has received a prison sentence of seven years and three months. On 3 May 2024, Ali pled guilty to five charges of fraud amounting to $771,303 AUD, after which the Brisbane District Court imposed…
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