Business
Markets Week Ahead: Nasdaq 100, US Dollar, AUD/USD, RBA, GBP/USD, BoE – DailyFX
The Nasdaq 100 soared as the US Dollar sank amid jubilant tech earnings and a dovish Federal Reserve. The Australian Dollar and British Pound face the RBA and BoE respectively. All eyes turn to the…
Market sentiment mostly improved this past week as all eyes were on the tech-heavy Nasdaq Composite as it soared about 3.7%. Earnings from Facebook, Amazon, Apple and Google part of the FAANG group smashed expectations. The Dow Jones Industrial Average was left behind, ending the week -0.16% as the S&P 500 rose +1.73%. The haven-linked US Dollar sank further.
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Meanwhile the Federal Reserve left interest rates unchanged at n…
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