TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that will help you understand the market sentiment.
We curate our articles section to provide you the most relevant and independent information on the markets.
S&P 500 drops for 5th week
The S&P 500 slide on Friday, confirming a 5th weekly decline in a row as investors shed risky assets and shifted into defensive positions over fears central banks will need to hike rates much higher and bring on a recession.
09 May 2022
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GBP slumps after dovish BOE
The British pound tumbled on Thursday in response to the Bank of England hiking rates but accompanying it with dovish guidance on future policy changes. Wall St rolled over erasing the gains made following the Fed meeting.
06 May 2022
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Dollar pulls back after Fed hikes
The US dollar saw some light profit taking and stocks jumped after the Federal Reserve hiked rates but failed to aggressively signal more big hikes to come.
05 May 2022
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AUD/USD rallies after RBA
The Australian dollar rallied in response to a bigger than expected 0.25% rise in interest rates from the RBA. The move contributed to a pullback in the US dollar from 20-year highs.
04 May 2022
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Dollar approaches 20-year highs, Fed meeting in focus
The dollar held just below a 20-year high against a basket of currencies on Monday before an expected Federal Reserve rate hike this week, with traders focused on the potential for the U.S. central bank to adopt an even more hawkish tone than expected.
03 May 2022
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Dollar’s best month since 2015
The dollar dipped on Friday but April was its best month in seven years ahead of the Fed policy meeting this week.
02 May 2022
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