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EUR/SEK gains slightly ahead of ECB policy decision

September 12, 2024 9:01 am
The EUR/SEK currency pair edged higher on Thursday, after Swedish CPI data and as focus sets on the outcome of the European Central Bank’s policy meeting later today. The European Central Bank is largely expected to lower its main refinancing operations rate by 25 basis points to 4% at its September policy meeting, while its […] Read more

EUR/AUD falls from 3 1/2-week high on ECB rate cut prospects

September 12, 2024 7:43 am
The EUR/AUD currency pair extended a pullback from recent 3 1/2-week peak of 1.6630 on Thursday, after Australian consumer inflation expectations data and as focus sets on the outcome of the European Central Bank’s policy meeting later today. The European Central Bank is largely expected to lower its main refinancing operations rate by 25 basis […] Read more

Electromed announces stock buyback program

September 11, 2024 9:02 pm
Electromed Inc (NYSE: ELMD) said on Wednesday that its Board of Directors had authorized the repurchase of up to $5 million of the company’s common stock. “I am pleased to announce Electromed’s next share repurchase authorization, which follows the recent announcement of our record performance in fiscal 2024, and the successful completion of our previous […] Read more

USD/CHF off 1-week peak on higher chances of Harris victory

September 11, 2024 9:58 am
The USD/CHF currency pair extended a pullback from recent one-week high of 0.8498 on Wednesday, after Democratic candidate Kamala Harris put contender Donald Trump on the defensive during yesterday’s televised presidential debate and ahead of US CPI data. Vice President Harris put former President Trump on the defensive in an intense debate on Tuesday, unleashing […] Read more

GBP/USD pares gains after weak GDP data, eyes on US CPI

September 11, 2024 8:07 am
The GBP/USD currency pair edged higher on Wednesday, after Democratic candidate Kamala Harris put contender Donald Trump on the defensive during yesterday’s televised presidential debate. The British Pound, however, trimmed gains, following a weak set of UK macro data. Vice President Harris put former President Trump on the defensive in an intense debate on Tuesday, […] Read more

PACCAR announces $0.30 quarterly dividend

September 10, 2024 8:47 pm
PACCAR Inc (NASDAQ: PCAR), a technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates, on Tuesday announced a regular quarterly cash dividend of $0.30 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The […] Read more

USD/ZAR gains as focus sets on presidential debate, CPI

September 10, 2024 1:14 pm
The USD/ZAR currency pair was firmer on Tuesday after South African industrial data and ahead of the key US CPI inflation report that may affect the Fed’s interest rate cut trajectory. Annual headline consumer inflation in the United States probably eased to 2.6% in August, according to market consensus, from 2.9% in July. Annual core […] Read more

USD/NOK off 1-month high ahead of CPI, presidential debate

September 10, 2024 11:17 am
The USD/NOK currency pair pulled back from a fresh one-month high of 10.8628 on Tuesday after Norwegian CPI inflation data and ahead of the key US CPI inflation report that may affect the Fed’s interest rate cut trajectory. Annual headline consumer inflation in the United States probably eased to 2.6% in August, according to market […] Read more

USD/SEK scales three-week peak as Swedish economy shrinks

September 10, 2024 9:36 am
The USD/SEK currency pair held near a fresh three-week high of 10.3943 on Tuesday after Swedish GDP data and ahead of the key US CPI inflation report that could provide further clues over the size of the potential interest rate cut by the Federal Reserve this month. Annual headline consumer inflation in the United States […] Read more

Spot Gold trades near $2,500 with focus on US CPI report

September 10, 2024 8:14 am
Spot Gold was little changed just above the $2,500 per troy ounce mark on Tuesday ahead of the essential US CPI inflation data that could provide further clues over the size of the potential interest rate cut by the Federal Reserve this month. Annual headline consumer inflation in the United States probably eased to 2.6% […] Read more