March 22, 2024 8:40 am
FirstEnergy Corp (NYSE: FE) said this week its Board of Directors had authorized a quarterly dividend of $0.425 per share of outstanding common stock. The latter represents an increase of about 4% compared to the prior dividend payment. The dividend will be paid on June 1st to shareholders of record as of the close of […]
Read moreMarch 21, 2024 10:59 am
Commercial Metals Company (NYSE: CMC) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.18 per share of common stock. The latter represents an increase of 13% compared to the prior dividend payment. The dividend will be paid on April 10th to shareholders of record as of the […]
Read moreMarch 21, 2024 8:40 am
In early 2024, gold’s price reached $2,200 per ounce, with many predictions showing further increases in the price by the end of the year. There are several factors that will affect the precious metal’s value, and we cover different experts’ forecasts to provide an informative guide on the gold price in 2024. Key Takeaways: Gold […]
Read moreMarch 21, 2024 7:51 am
Spot Gold registered a fresh all-time high of $2,222.91 per oz. on Thursday, as the US Dollar and Treasury yields edged lower after the Federal Reserve signaled three rate cuts before year-end. The Fed left its federal funds rate target range without change at a 23-year high of 5.25%-5.50% for the fifth straight policy meeting […]
Read moreMarch 20, 2024 11:28 am
The NZD/USD currency pair hovered just above a fresh 17-week low of 0.6024 on Wednesday ahead of the outcome of the Federal Reserve’s policy meeting. The Fed is widely expected to leave its federal funds rate target range without change at a 23-year high of 5.25%-5.50% for the fifth straight policy meeting in March. Federal […]
Read moreMarch 20, 2024 9:59 am
The GBP/USD currency pair hovered just above recent two-week low of 1.2667 on Wednesday, as market players awaited the outcome of the Federal Reserve and the Bank of England policy meetings. Traders were also mulling the latest inflation figures that were reported by the United Kingdom. Earlier today, the ONS data showed UK’s annual inflation […]
Read moreMarch 20, 2024 8:10 am
The GBP/JPY currency pair extended the gains from the past six trading days on Wednesday, while scaling an 8 1/2-year peak of 192.854, as investors bet Japan would keep its accommodative monetary settings even after the BoJ’s decision to move away from negative interest rates. Yesterday the GBP/JPY pair surged more than 1% after the […]
Read moreMarch 19, 2024 11:07 am
The CAD/JPY currency pair registered a fresh three-week high on Tuesday, after the Bank of Japan put an end to an eight-year period of negative interest rates and ahead of Canada’s CPI report. The BoJ raised its short-term interest rate to 0%-0.1% from -0.1% at its March meeting, in line with market expectations. It has […]
Read moreMarch 19, 2024 9:20 am
The AUD/JPY currency pair registered modest gains on Tuesday in the wake of central bank policy decisions in Japan and Australia. The Bank of Japan put an end to an eight-year period of negative interest rates. The BoJ raised its short-term interest rate to 0%-0.1% from -0.1% at its March meeting, in line with market […]
Read moreMarch 19, 2024 8:00 am
The AUD/CAD currency pair registered a fresh two-week low on Tuesday, after the Reserve Bank of Australia kept its cash rate unchanged at a 12-year high of 4.35% at its March meeting, as largely expected. The policy decision came amid indications that Australia’s economic growth has slowed after 425 basis points of interest rate hikes […]
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