Tag: rate

Wall Street ends sharply lower as jobs report cements rate hike regime By Reuters

© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2022. REUTERS/Brendan McDermid By Herbert Lash, Shreyashi Sanyal and Ankika Biswas (Reuters) -...

Unemployment Rate Dips as Job Growth Stays Solid. What Now for Stocks, Dollar?

SEPTEMBER JOBS REPORT KEY POINTS:The September jobs report showed that the U.S. economy added 263,000 workers last month versus expectations of a gain of 250,000 payrolls. Meanwhile, the unemployment rate fell to 3.5%,...

India’s RBI sells dollars as rupee hits record low on U.S. rate hike fears By Reuters

© Reuters. FILE PHOTO: A customer counts money before paying a vegetable vendor at a market in Mumbai, India, June 4, 2015. REUTERS/Shailesh Andrade MUMBAI (Reuters) - The Reserve Bank of India likely sold...

The RBA hiked its cash rate this week by 25bp vs 50 consensus – slower pace ahead expected

Westpac revised thier forecast for the Reserve Bank of Australia following the smaller than expected 0.25% rate hike on Tuesday this week. The revisions were soon after the meeting, posting them now ICYMI:The...

AUD/USD Rate Eyes September Low with US NFP Report on Tap

Australian Dollar Talking PointsAUD/USD trades to a fresh weekly low (0.6389) after struggling to retrace the decline following the Reserve Bank of Australia (RBA) meeting, and the exchange rate may fail to defend...

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