GBP/USD rose three-quarters of one percent on Monday, climbing for a fifth straight trading session as the Pound Sterling continues to reclaim ground against the softening Greenback.
The Australian Dollar gave up its earlier strength on Monday, falling from session highs near 0.6340 to trade closer to the 0.6280 area during North American hours.
Stocks tried to rally from early this morning, starting with the futures overnight. By the end of the day, they gave those up and hung on for just small losses from a gap up open.
The artificial lowering of the interest rates generates the misallocation of savings and discoordination in the price and production structure. Ultimately, this weakens economic growth.
As the regular session of the US market on Monday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
The deadline to file federal tax returns is Tuesday, April 15, 2025 leaving only one day left for procrastinators to get it in on-time. Here's what to know about last minute filings, extensions and payment requirements.
Shares of data-mining and analytics company Palantir (NYSE:PLTR)
jumped 8.4% in the morning session after NATO acquired the company's (PLTR's) AI-powered Maven Smart System to improve its military capabilities. The Maven system, used by the U.S. military, applies advanced artificial intelligence to rapidly process and interpret massive volumes of battlefield data, enabling faster and more precise target identification.
