Uncategorized – QTX Markets

Alex
October 26, 2023
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Asian stocks slump to 11-mth lows as higher-for-longer rate fears persist

HONG KONG (Reuters) – Asian stocks slid to 11-month lows on Wednesday, U.S. futures dropped and the dollar surged as Treasury yields spiked back toward peaks on fears that U.S. interest rates will stay high. A rebound in U.S. home sales was the latest trigger for concern in the bond market. Corporate earnings have also […]

Alex
September 14, 2023
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Dollar retreats after CPI release; euro gains ahead of ECB decision

EUR/USD rose 0.2% to 1.0745, continuing its climb from last week’s three-month low of 1.0686 as traders positioned for the ECB’s latest interest rate decision, due later in the session. The central bank was widely expected to pause its rate-hiking cycle after President Christine Lagarde hinted at such a move in late July. However, expectations have since moved more towards […]

Category: Uncategorized

Asian stocks slump to 11-mth lows as higher-for-longer rate fears persist

Dollar retreats after CPI release; euro gains ahead of ECB decision