Month: December 2023

In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO, Adobe Linda Dimyan | CNBC Adobe shares dropped more than 6% in extended trading on Wednesday after the software maker posted a lighter-than-expected forecast for 2024. Here’s how the company did, compared with consensus estimates from LSEG, formerly known as Refinitiv: Earnings:
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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Gold prices were little changed in early Asian hours on Wednesday as investors strapped in for the U.S. Federal Reserve’s interest rate decision and policy outlook later in the day. FUNDAMENTALS * Spot gold was flat at $1,980.58 per ounce, as of 0059 GMT. U.S. gold futures edged 0.1% higher to $1,995.80. * The Fed’s
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The currency markets are currently in a state of anticipation, with Dollar trading within familiar range as investors await FOMC rate decision. The critical question facing the markets is whether Fed will signal the pace of rate cuts in its updated dot plot. In September, the median projection indicated the federal funds rate would remain
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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Dollar softens slightly in today’s Asian session, as the global markets await forthcoming US consumer inflation data. Headline CPI is anticipated to show a modest deceleration to 3.2% in November, while core CPI is expected to remain stubbornly high at 4%. Fed’s mandate to bringing inflation down to its 2% target necessitates a persistent slowdown
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Share: Mexican Peso surpasses the 100-day SMA, prints two-day high. Mexico’s Industrial Production crushed the forecast, ahead of Banxico’s decision on Thursday. The Fed is expected to hold rates unchanged, but uncertainty looms about Powell’s speech. Mexican Peso (MXN) stages a comeback climb against the US Dollar (USD) following an inflation report in the United
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