The US dollar came roaring back today, erasing all the losses it had from the very dovish Fed policy meeting.  The downgrade of interest rate increase expectations from two to none, combined with a softer economic outlook remains the main catalyst for falling yields on the Treasury curve and higher stock prices.  The dollar fell
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Federal Reserve Chairman Jerome Powell changed course and finally made the correct policy decision by indicating the Fed is stalling interest rate increases for the year, CNBC’s Jim Cramer said Thursday. “I thought that Jay was great [Wednesday],” Cramer told “Squawk Box,” referring to Powell’s news conference at the conclusion of the central bank’s two-day
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OANDA Senior Market Analyst Craig Erlam talks about the recent gains in gold and questions whether they can be sustained. [embedded content] This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any
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“The index for current manufacturing activity in the region increased from a reading of -4.1 in February to 13.7 this month,” the Federal Reserve Bank of Philadelphia reported in its March 2019 Manufacturing Business Outlook Survey. Key takeaways from the press release The current new orders index improved modestly, increasing from -2.4 in February to 1.9
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