Tag: dollar

Tech rallies after a horrible week – is sentiment turning positive?

Tech rallies after a horrible week – is sentiment turning positive?

Second week of 2023 starts on a more positive note as traders weigh in Fed's lower hike. China re-opens borders again.
The 8th Wonder of the World – what is compounding effect?

The 8th Wonder of the World – what is compounding effect?

Compounding effect is the 8th Wonder of the World according to Albert Einstein. But, why did he think so?
Tech sell off cements the finish line of 2022

Tech sell off cements the finish line of 2022

The year 2022 closes down with oil being the hero of the day. Tech stock continue the sell off after a break from the bears on Thursday.
Traders buy the dip to give markets a much appreciated break

Traders buy the dip to give markets a much appreciated break

Thursday's market enjoys a relief from the selling pressure. The last week of 2022 may still have a green outcome.
Tech sell off marks the end of the year trading

Tech sell off marks the end of the year trading

Just a few days before the end of the trading year, investors continued to sell tech stocks, sending the Nasdaq to more than two-month lows.
Credit cards – the good, the bad and the ugly

Credit cards – the good, the bad and the ugly

Americans are in debt more then ever. While credit cards can make your life easier, beware of the dark side of never ending debt.
Gloomy sentiment over economy closes the week in red

Gloomy sentiment over economy closes the week in red

Investors move back to safe spots with a gloomy sentiment after this weeks' central bank fiesta. Dollar and gold both benefit from it.
Wall Street ends in the red after FOMC meeting

Wall Street ends in the red after FOMC meeting

Fed's "higher for longer" put a substantial selling pressure on stocks. Dollar benefitted the most on Thursday which is bad news for everyone else.
Fed rate hike slows down and dominates US market

Fed rate hike slows down and dominates US market

Fed released a new rate hike of 50 basis points, which traders hoped for as inflation slowed down. However, Fed hints rates higher for longer.
Markets invite gains as inflation slows down

Markets invite gains as inflation slows down

Markets profit from lower inflation than expected, except for dollar. Fed kicks off its two day meeting. Let's get ready for the next hike.