Asian stocks followed Wall Street lower Tuesday as fears increased that U. This browser is no longer supported at MarketWatch. For the best MarketWatch. Market Data Center. Stocks close sharply higher after inflation data; Dow snaps longest weekly losing streak since U.
DJIA 1. ET by Christine Idzelis. ET by Associated Press. Asian markets mixed after Fed confirms rate-hike plans Asian stock markets were mixed Thursday after notes from the Federal Reserve's latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors. ET by Steve Gelsi. Conversion Value. How the need for EV battery metals is creating a new gold rush.
We fell out, and now he wants the money back in full. But inflation pressure did force a hike for this food item. Senate releases draft retirement savings legislation in line with Secure Act 2. College enrollment is falling. Here's how it could impact the economy.
ET by Barbara Kollmeyer. COMP 3. ET by MarketWatch. Asian markets mixed after Powell warns of further rate hikes Asian stock markets were mixed Wednesday after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation.
Euro and bond yields lifted by ECB official saying half-point rate hike is possible The euro rallied on Tuesday, helped by a broader market rally as well as comments from a European Central Bank policymaker in which he said a half-point rate hike was possible.
ET by Steve Goldstein. Asian markets mixed on weaker China economic data, U. Dow suffers longest losing streak since as stocks benchmarks extend weekly losses despite closing sharply higher Friday U. ET by Greg Robb. Euro to hit parity vs. Asian markets mixed, though China stocks surge higher Shares were mixed in Asia on Wednesday with Chinese benchmarks pressing higher after a rally in technology companies helped reverse most of an early slide on Wall Street.
Inflation shows no signs of letting up in U. ET by Vivien Lou Chen. See More Back to Top. Close Search Overlay. The European Central Bank ECB , which oversaw the conversion, intended the currency to be the financial market's dominant currency. It specified that the euro should always be the base currency whenever it is traded, including against both the U. Your Money. Personal Finance.
Your Practice. Popular Courses. What Is a Direct Quote? Key Takeaways A direct quote is a currency pair quote where the foreign currency is expressed in per-unit terms of the domestic currency. A direct quote gives you the quantity of local currency needed to purchase one unit of foreign currency. Because the U.
Some major exceptions to this rule include the British pound and the euro. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. Related Terms Reciprocal Currency A reciprocal currency in the foreign exchange market is a currency pair that involves the U.
What Is a Quote Currency? A quote currency, commonly known as "counter currency," is the second currency in both a direct and indirect currency pair. Indirect Quote Definition An indirect quote in the foreign exchange markets expresses the amount of foreign currency required to buy or sell one unit of the domestic currency. What Is Cable in Forex Trading? Cable is a term used among forex traders that refers to the exchange rate between the U.
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