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Wall Street dips after rate cut rally, dollar firms

Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the dollar firmed as investors digested the Federal Reserve's 50-basis-point cut midweek that started a rate reducing cycle.

USA TODAY on MSN · 2d

The Fed rate cut affects the US dollar. Should international travelers worry?

The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. As a result, the value of the dollar abroad fell slightly. Nevertheless, there's no need to rush to the nearest foreign currency exchange bureau if you have a trip abroad planned in the near future.

Wall Street Journal · 8d

Dollar Weakens on Talk of Bigger Fed Rate Cut

The dollar hit its weakest level in nearly nine months against the yen, amid revived speculation over a bigger U.S. interest-rate cut next week. The dollar reached around 140.35 yen, its weakest since late December,

1hon MSN

Gold’s record rally gets added jolt from Fed rate cut. Is there anyone left to buy?

Gold’s relentless rally got an added jolt this week from the Federal Reserve’s long-awaited interest-rate cut, but some ...

C$ hits 12-day high as Fed opts for supersized rate cut

The Canadian dollar strengthened against its U.S. counterpart on Wednesday as the Federal Reserve cut interest rates by half ...

What The Fed’s Rate Cut Means For Bitcoin

Today's aggressive rate cut, doubling the widely expected 25 bps reduction, signals deepening concerns about the health of ...

21h

Stock Market Today: Dow notches fresh record peak, books weekly gain after Fed rate cut

The U.S. dollar was climbing on Friday after hitting its lowest level of the year earlier this week after the Federal Reserve announced its jumbo 50 basis-point interest-rate cut. The ICE U.S. Dollar ...

Indonesia’s Surprise Rate Cut May Spur Inflows, Support Rupiah

Bank Indonesia’s surprise interest-rate cut may lead to higher foreign inflows into bonds and stocks, which may end up ...

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