Similar Stories to Market Extra: Euro, Loonie, Sterling Still Offer More Upside Even After Hawkish Fed, Analysts Say on Bing News

The U.S. dollar gauge rallied to touch a two-week high after the Federal Reserve’s policy statement was interpreted as hawkish by the market on Wednesday. A day later, the greenback is already retreating, suggesting that the battered U.S. currency has still not reached a turning point.

Topics:  federal reserve s   u.s    market   hawkish   
BING NEWS:
  • The stock market could still face a 10% correction even as the Fed nails a perfect 'no landing' economic recovery, market vet says
    The Fed has since boosted its GDP growth estimate to 2.9%. "The US economy is still flying high. That's because consumers didn't get the recession memo. They keep spending because real disposable ...
    04/16/2024 - 5:13 am | View Link
  • The bull market in stocks won't be derailed by Fed jitters or Middle East tensions, 4 Wall Street pros say
    "A stock market correction is unfolding right now triggered by Middle East tensions, rising bond yields, and worries about delayed Fed rate cuts. Stocks have been due for a pullback for quite some ...
    04/16/2024 - 3:50 am | View Link
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