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US Dollar Flexes Muscles Against Other Major Currencies: Is Now The Time To Buy? [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
In the wake of Federal Reserve Chair Jerome Powell's remarks signaling a potential need for sustained higher interest rates amid persistent inflationary pressures, the greenback surged to four-month highs in April. The dollar soared to a five-month peak against the euro while also reaching its highest level against the Japanese yen since 1990, on April 16, 2024. Powell's indication of delayed rate hikes combined with robust economic growth data propelled the dollar's ascent. Retail sales figures for March, released on Monday, exceeded expectations, further bolstering confidence in the U.S. economy. Don't Miss: One stop shop for forex traders: this U.S. broker is paving the way for a secure and efficient trading environment. Why forex scammers get away with it for so long and how you can avoid falling victim to forex scams. Stellar GDP Growth The U.S. GDP grew at an annualized rate of 1.6% in the first quarter of 2024 ended March 31, as reported by the Bureau of Economic
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