Jonathan Petersen News Today

The South African rand strengthened to a five-month high on Thursday, as risk sentiment improved on growing bets the Federal Reserve may cut interest rates in September. At 1029 GMT,...

Wade Norton, second from right, principal of Smith-Cotton High School, has been named the Missouri Association of Secondary Schools Principals (MOASSP)

Wade Norton, second from right, principal of Smith-Cotton High School, has been named the Missouri Association of Secondary Schools Principals (MOASSP)

Jonathan Petersen solo exhibition

Many analysts and fund managers have been anticipating that the dollar would fall this year as the Fed starts to cut interest rates, but rate-cut expectations have been trimmed back sharply recently. US elections and geopolitical uncertainty could also lift the currency.

An unusual calm enveloping foreign exchange markets is extending the life of a lucrative trade beyond what many had expected. The so-called carry trade, which involves borrowing in a low interest-rate currency to invest in a higher-yielding currency, had been expected to fade as major central banks pivot away from hiking rates toward easing policy. However, a major shift has yet to happen, keeping currency markets calm and the trade, which relies on such stability, an easy winner.

An unusual calm enveloping foreign exchange markets is extending the life of a lucrative trade beyond what many had expected. The so-called carry trade, which involves borrowing in a... -March 27, 2024 at 01:00 am EDT - MarketScreener

4 analysts have shared their evaluations of CubeSmart (NYSE:CUBE) during the recent three months, expressing a mix of bullish and bearish perspect...

Marathon Digital is likely to see strong fourth-quarter sales due to higher bitcoin prices and transaction fees, a Jefferies analyst said.The anal...

The U.S. dollar has had a relatively strong start to 2024 — but some analysts believe the greenback is still more likely than not to depreciate over the...