Dollar bears look set to chalk up a second monthly victory of bets against the greenback, but some see green shoots are sprouting for the battered currency on bets that the Federal Reserve is unlikely to cave in to pressure to cut rates later this year. The U.S. dollar index, which measures the greenback against a […]
The dollar was on the back foot and the euro climbed on Tuesday, as regional bank jitters had traders expecting U.S. interest rate cuts before long, while in Europe a 50 basis point hike remains a live option at next week’s central bank meeting. The euro rose above $1.10 overnight and was still going at $1.1062 […]
The U.S. dollar was on the back foot in early European trade Tuesday, with traders positioning for a more hawkish stance from the European Central Bank than the Federal Reserve ahead of next week’s policy-setting meetings. At 02:50 ET (06:50 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, traded […]
India stocks were higher after the close on Thursday, as gains in the Banking, Real Estate and Green Energy sectors led shares higher. At the close in NSE, the Nifty 50 added 0.09% to hit a new 1-month high, while the BSE Sensex 30 index gained 0.06%. The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 3.21% or 34.55 points […]
Amazon (NASDAQ:AMZN) said it didn’t grant its CEO Andy Jassy “any equity awards” during 2022. “Our CEO’s Compensation Actually Paid (as defined by the SEC) for 2022 was negative $148 million, largely attributable to the 2022 decline in value of restricted stock units scheduled to vest over the next 8 years, while his 2022 realized […]
The latest government incentive to grow Argentina’s processed soybean exports recorded few takers on Monday, according to traders and analysts, on the first day for the scheme that offers farmers and shippers a preferential exchange rate. Would-be participants in the “soy dollar” program need more details, several told Reuters. The program provides access to an […]
