European markets lose momentum
Pan-European Stoxx 600 index ended 0.2 per cent lower after hitting a one-week low earlier in the session
Source: irishtimes.com
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The high stakes trade that can move entire currencies
The currency carry trade involves investors moving money between countries to chase returns, and this can affect currency markets.
Source: marketplace.org
S&P 500 Is Now on Track for Biggest Run This Year: Markets Wrap
(Bloomberg) — Stocks headed toward their best three-day rally of 2024 in a rebound fueled by bets the Federal Reserve will cut rates this year. Oil pared gains after Hamas said it agreed to a cease-fire proposal by Qatar and Egypt. The S&P 500 topped its average price of the past 50 days — a…
Source: swissinfo.ch
Traders on edge as yen plunges
Bloomberg and staff reporter The yen fell to a 34-year low, leaving traders nervous as to whether Tokyo will intervene while policy delibera...
Source: thestandard.com.hk
Yen drops below 155 to a dollar, adding to risk of intervention
The Asian nation's currency depreciated as much as 0.2% to a session low of 155.17 on Wednesday, marking the first time since June 1990 the yen crossed the 155 level against the greenback. The yen pared the move and traded around 154.92 as of around 9:10 AM New York time.
Source: indiatimes.com