Yearly Archives: 2023

Dollar on track for second monthly loss in row

Dollar fell in European trade against a basket of major rivals off three-week highs on profit-taking. The dollar is on track for the second monthly...

Major energy companies relied on petrochemicals to drive growth, did the strategy fail?

Two days ago, major energy companies Exxonmobil and Chevron reported their quarterly results for the second quarter of 2023, showing a steep decline in...

Wall Street opens July’s last session higher

US stock indices rose on Monday while heading for a monthly profit in July amid speculation the Federal Reserve will end the current cycle...

Oil prices on track for largest monthly profit since 2022

Oil prices rose in European trade on Monday for the third straight session, hitting a three-month high and on track for the largest monthly...

Yen declines 1% against dollar

Yen fell against most major rivals on Monday as dollar strengthened and after mixed data. Earlier government data showed Japan's industrial production rose 2% in...

Why Switzerland Does Not Use the Euro: Understanding the Swiss Franc’s Unique Position

Switzerland, renowned for its stunning landscapes and banking prowess, stands out as one of Europe's most prosperous and stable nations. Interestingly, despite its geographical...

How to Buy Fidelity Mutual Funds: A Comprehensive Guide

Fidelity Investments is a leading financial services company renowned for its diverse range of investment options, including mutual funds. Fidelity mutual funds offer investors...

How to Buy Vanguard Mutual Funds: A Comprehensive Guide

Vanguard is renowned for its low-cost and diverse selection of mutual funds, making it a popular choice for investors looking to build a diversified...

What is the current federal reserve rate: Understanding the Current Federal Reserve Rate

The Federal Reserve, often referred to as the Fed, is the central banking system of the United States responsible for formulating and implementing monetary...

What is the current federal funds interest rate: A Comprehensive Guide

The Federal Funds Interest Rate is a crucial tool utilized by central banks, particularly the Federal Reserve in the United States, to manage monetary...

What is the current federal reserve interest rate:Understanding the Current Federal Reserve Interest Rate

The Federal Reserve (the Fed) plays a crucial role in the United States' monetary policy, using its tools to control the money supply and...

What happens when the fed raises interest rates: A Complete Overview

The Federal Reserve (the Fed) plays a crucial role in shaping the United States' monetary policy to achieve economic stability and growth. One of...

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