Dollar struggles to post gains; yen suffers from weak growth data

The major US indices had a volatile go at it today. The Dow industrial average had a range of about 800 points The S&P index had a range of 137 points or 2.07% The NASDAQ index had a range of 627 points or 2.28% The initial move was to the downside, and the selling took…

When it comes to a classic car wash, most people think they’ve got it down. But trust me, there are some mistakes that still happen way too often. Whether it’s a lack of attention to detail or using the wrong products, these errors can do more harm than good. Let’s dive into the most common…

2024.08.28 2024.08.28 Loonie Strengthens Against Greenback. Forecast as of 28.08.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Canadian economy is less robust than the US economy, the labor market is experiencing a more pronounced cooling, and the Bank of Canada has already reduced the overnight rate twice and is unlikely to cease its easing cycle at this stage. What…

On Monday, the Dow Jones Industrial Average (US30) was down 0.24%. The S&P 500 Index (US500) decreased by 0.64%. The Nasdaq Technology Index (US100) closed lower by 0.67%. Markets reacted to President Trump’s threat to impose new tariffs, including a 100% tax on foreign movies, but sentiment improved following stronger-than-expected ISM services sector data. Still,…