US stocks flat, dollar lower as traders brace for Fed easing

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 19 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 112%
  • Publisher: 78%

Kitco News News

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

NEW YORK, Sept 18 - Wall Street's main stock indexes were broadly flat in early trade on Wednesday and the dollar weakened as traders weighed up the odds that the Federal Reserve's expected decision to cut interest rates for the first time in more than four years later in the day delivers a supersized move.

"You'd have to go back over 15 years to find such an uncertain situation this close to the decision. A lot of money will be made and lost today," they added. The U.S. currency edged lower, handing back some of the gains it made on Tuesday, when unexpectedly robust U.S. retail sales data was interpreted as weakening the case for aggressive Fed easing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold market analysis for September 16 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »