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Dollar rises on weak yen and comments from the Federal Reserve

amefika6 months ago07 mins

The Dollar Index (DXY00) rose to a one-week high on Friday and ended up +0.19%. The dollar rose on Friday amid weakness in the yen. Additionally, upbeat comments on Friday from New York Federal Reserve President John Williams supported the dollar as he said some of the data we’re seeing is “pretty encouraging” and that…

Stock market calms down after recent volatility: Here’s what traders expect from the Federal Reserve

amefika7 months ago03 mins

After a period of heightened volatility that sent shockwaves through stock and bond markets, a semblance of calm has returned. Notably, the S&P 500 index saw a 0.3% rally, and the Nasdaq 100 posted a 0.6% gain. The Cboe Volatility Index (VIX), which had recently reached its highest level since May, has now begun to…