Why is the US dollar losing its shine? | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

ایران اخبار اخبار

ایران آخرین اخبار,ایران سرفصلها

The dollar's decline has gained speed this month and could boost some companies' earnings | Analysis

The greenback soared to a two-decade high last September, driven by the Fed’s aggressive pace of interest hikes. But then came recession fears, the collapse of three regional banks and worries about congressional infighting and US spending. Now, as inflation continues to cool, the Federal Reserve appears to be nearing the end of its rate-hiking cycle.

While Japan hinted Friday it could gradually begin to raise rates, sending the yen up against the dollar, the European Central Bank said Thursday it could pause at its next meeting in September. “It’s not like the Fed is going to be cutting rates when the other central banks are raising rates. That’s fairly unlikely,” said Shah. Gold could also benefit. Gold prices have risen over 6% this year, supported by sliding Treasury yields and a decline in the dollar.

 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 4. in İR

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Why oil prices are on their strongest run since before Russia invaded Ukraine | CNN BusinessGlobal oil prices have gained more than 16% since late June and are heading for their fifth-straight week of gains, the longest rally since before Russia’s full-scale invasion of Ukraine upended energy markets.
منبع: CNN - 🏆 4. / 95 ادامه مطلب »

Shell profits cut in half by lower oil prices | CNN BusinessShell has reported a 56% drop in second-quarter profit, as oil and gas prices fell from record highs reached following Russia’s full-scale invasion of Ukraine 17 months ago.
منبع: cnni - 🏆 326. / 59 ادامه مطلب »

Shell and TotalEnergies profits cut in half by lower oil prices | CNN BusinessShell and TotalEnergies have reported a steep drop in second-quarter profit, as oil and gas prices fell from record highs reached following Russia’s full-scale invasion of Ukraine 17 months ago.
منبع: CNN - 🏆 4. / 95 ادامه مطلب »

The US economy grew stronger than expected in the second quarter | CNN BusinessThe US economy's growth was stronger than expected in the second quarter. GDP, the broadest measure of economic output, grew by a 2.4% rate
منبع: CNN - 🏆 4. / 95 ادامه مطلب »