In the second day of his testimony to Congress on Wednesday, Powell reaffirmed his hawkish message, though struck a cautious note that debate on the scale and path of future rate hikes was still underway and would be data-dependent
The yen slightly appreciated against the dollar, seemingly unfazed by disappointing Japanese GDP results. Market participants have begun to adjust their forecasts, pushing back the
In the Nifty500 pack, nine stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on August 14, according to stockedge.com’s technical scan data.
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