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FOREX-Dollar falls against major currencies after Fed rate hike

FOREX-Dollar falls against major currencies after Fed rate hike NEW YORK, Dec 16 The U.S. dollar fell against a basket of major currencies in the wake of the Federal Reserve’s first benchmark interest rate hike in nearly a decade, erasing gains made immediately after the decision. The U.S. central bank’s policy-setting … Continue reading at […]

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Fed quiets down ahead of rate hike; stocks may take breather

Fed quiets down ahead of rate hike; stocks may take breather After several days of wild volatility, the stock market may use the coming week to catch its breath, as it waits for the Fed to end the historic era of zero interest rates later this month. Markets are in full tilt, with big shifts […]

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Canada Stocks Pare Loss as U.S. Jobs Fuels Rate Hike Speculation

Canada Stocks Pare Loss as U.S. Jobs Fuels Rate Hike Speculation Canadian stocks almost erased losses in the final hour of trading as financial services shares rallied after strong jobs data in the U.S. intensified speculation the Federal Reserve will increase rates at its December meeting. Equities ended little changed … Continue reading at bloomberg.com […]

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ETF Market Vital Signs: Rate Hike Cometh

ETF Market Vital Signs: Rate Hike Cometh October’s jobs report knocked Wall Street’s stocks off. The Labor Department reported that U.S. nonfarm payrolls climbed by 271,000 in October, much stronger growth than expected (the consensus among economists was for about 180,000 new jobs). Continue reading at blogs.barrons.com Market Vectors Semiconductor ETF (SMH): Buy the Dips […]

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