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Dow Jones Industrial Average rises to retest 46,000 ahead of Fed rate call
The Dow Jones Industrial Average (DJIA) found some room on the high side on Wednesday, with thin volumes bolstering the major equity index back into the 46,000 handle just ahead of the Federal Reserve's (Fed) blockbuster interest rate call.
USD/CNH: Next support level to monitor is 7.0875 - UOB Group
US Dollar (USD) could drop to 7.0980 before stabilisation is likely; a sustained drop below this level appears unlikely.
Dow Jones futures move little as traders await Fed policy decision
Dow Jones futures remain steady near 45,750 during European hours on Wednesday, ahead of the United States (US) market open. Moreover, the S&P 500 futures decline 0.20% to trade near 6,600, while Nasdaq 100 futures depreciate 0.10% to trade around 24,2500.
Dow Jones Industrial Average drops as markets await Fed
The Dow Jones Industrial Average (DJIA) shed 275 points at its lowest on Tuesday as investors buckle down ahead of the latest interest rate decision from the Federal Reserve (Fed).
USD/CNH: Any decline is likely to be slow - UOB Group
Room for US Dollar (USD) to drop below 7.1100; any decline is likely to be slow, and 7.1000 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Dow Jones Industrial Average brushes off trade headlines to worry about Fed
The Dow Jones Industrial Average (DJIA) stuck close to its opening bids on Monday, testing the waters near 45,860 as investors shuffle their feet ahead of the latest Federal Reserve (Fed) interest rate call slated for Wednesday.
Breaking: Gold hits $3,680, eyes $3,700 as Fed decision looms
Gold Price rallies past the previous record high of $3,674, hits $3,681 poised to challenge the $3,700 in the near term, as traders brace for the Federal Reserve's monetary policy decision.
USD/CNH: Likely to trade in a range of 7.1160/7.1330 - UOB Group
US Dollar (USD) is likely to trade in a range of 7.1160/7.1330. In the longer run, room for USD to drop below 7.1100; any decline is likely to be slow, and 7.1000 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Dow Jones Industrial Average pares gains, falls back below 46,000
The Dow Jones Industrial Average (DJIA) pared gains on Thursday, slipping back below 46,000 after chalking in record levels through the midweek sessions.
USD/CNH: Likely to trade in a range between 7.1080 and 7.1240 - UOB Group
US Dollar (USD) is likely to trade in a range between 7.1080 and 7.1240. In the longer run, room for USD to drop below 7.1100; any decline is likely to be slow, and 7.1000 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Dow Jones Futures ease from highs ahead of US Consumer Confidence data
negativeDow Jones Index futures are easing from the all-time highs reached on Thursday, trading right above 46,000 at the European session opening times.
USD/CNH: Likely to trade in a range between 7.1100 and 7.1250 - UOB Group
US Dollar (USD) is likely to trade in a range between 7.1100 and 7.1250. In the longer run, downward bias is building, but USD must first close below 7.1100 before a sustained decline can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/CNH: Likely to trade in a range between 7.1160 and 7.133 - UOB Group
US Dollar (USD) is likely to trade in a range between 7.1160 and 7.1330. In the longer run, downward bias is building, but USD must first close below 7.1100 before a sustained decline can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/CNH: Downward bias is building - UOB Group
US Dollar (USD) is likely to trade with a downward bias, but any decline is unlikely to break below 7.1100. In the longer run, downward bias is building, but USD must first close below 7.1100 before a sustained decline can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Dow Jones futures inch higher due to rising odds of a bumper Fed rate cut
Dow Jones futures move little, edging up 0.05% to trade around 45,600 during European hours on Monday, ahead of the United States (US) market open. Meanwhile, the S&P 500 futures advance 0.13% to trade above 6,500, while Nasdaq 100 futures climb 0.23% to trade near 23,850.
NY Fed showcases ongoing consumer inflation concerns
According to the Federal Reserve (Fed) Bank of New York, consumer inflation expectations ticked higher once again, and ongoing employment expectations also decayed.
USD/CNH test the major support at 7.1200 before recovery is likely - UOB Group
There is a chance for US Dollar (USD) to test the major support at 7.1200 before a more sizeable recovery is likely.
Dow Jones futures tick higher as prospects for Fed rate cut strengthen
Dow Jones futures rise 0.15% to trade above 45,500 during European hours on Monday, ahead of the United States (US) market open. Meanwhile, the S&P 500 futures gain 0.18% near 6,500, while Nasdaq 100 futures climb 0.31% to around 23,750.
Fed's Goolsbee remains undecided on September rate decision
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned on Friday that while sinking employment data is typically a cause for interest rate cuts, still-high inflation data is still cause for concern, and key Fed officials may not be fully sold on a September rate cut.
Dow Jones Industrial Average left behind as tech stocks rise
The Dow Jones Industrial Average (DJIA) missed the bullish bus on Wednesday, lagging its index peers and slumping over 250 points.
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