Online Trading News Page 24

The U.S. dollar extended its decline in Asian forex trading, close to its five-week low after Fed chief Jerome Powell's testimony before Congress.

U.S. dollar traded flat in the Asian forex market on Wednesday local time after positive U.S. housing market data.

All three benchmark U.S. stock indexes close in the red as investors anticipate Fed chief Jerome Powell's congressional testimony.

Forex analysts say rising short-term U.K. bond yields have strengthened the pound, but incoming inflation data could put the rally at risk.

Omaha-based holding firm Berkshire Hathaway has upped its stakes in five Japanese companies with an average of 8.5 percent.

According to Peter Schiff, US debt, budget and trade deficits will cause an even greater decline in the US dollar than initially estimated.

Analysts have suggested that the U.S. dollar's rally may be hindered by the Federal Reserve's decision to pause its rate hike campaign.

The euro rose to a five-week high against the U.S. dollar and gained 1.2 percent against the Japanese yen after the European Central Bank raised its key rate.

All three major indices rose on Thursday as retail data indicated the Fed may soon end its tightening policy.

The European Central Bank has increased borrowing costs to 3.5%, the highest level since 2001, in an effort to tackle high inflation.

Asian stocks closed lower after the U.S. Federal Reserve paused its monetary tightening for the first time in over a year.

U.S. stock market rallies ahead of Federal Reserve policy decision, with S&P 500 and Nasdaq Composite closing at 14-month highs.

The U.S. dollar fell to a three-week low after new consumer price data boosted expectations of a Fed rate pause.

The U.S. dollar index dropped 0.17% to 103.40 in Asian trading on Tuesday, its lowest in three weeks, ahead of new economic data.

Wall Street gains substantially on Monday as investors anticipate the Federal Reserve will not increase the interest rate.

Crypto whales have "aggressively" accumulated over $265 million worth of Bitcoin, while small investors have been selling.

The U.S. dollar's dominance in global markets is ending soon, according to Russian banker Andrei Kostin.

The S&P 500 index rose 26.41 points or 0.62% and the Dow Jones Industrial Average closed at 33,833.61, amid falling volatility.