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0 -0.000143295803480019 -0.000292440415265331 -0.000292440415265331 -0.000584880830530663 -0.000877321245796202 0.000584880830530871 0.00219330311449051
Stock impact report

Dollar Index Sees Continued Downward Pressure [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Tuesday's stronger-than-expected US GDP report of +4.3% and the reduced odds for Fed easing. The markets initially reduced the odds for a -25 bp rate cut at the next FOMC meeting to 13% from 20% after Tuesday's GDP report, but the odds have since crept higher to the current level of 18%. The dollar continues to see underlying weakness as the FOMC is expected to cut interest rates by about -50 bp in 2026, while the BOJ is expected to raise rates by another +25 bp in 2026, and the ECB is expected to leave rates unchanged in 2026. Will the Bull Market in Platinum Continue in 2026? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! The dollar is also under pressure as the Fed boosts liquidity in the financial system, having begun purchasing $40 billion a month in T-bills in mid-December. The dollar is also being undercut by concerns that President Trump Show less Read more
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