Search Results for: Federal Reserve
Dollar stands tall, euro sags as Italian political woes bite
October 3rd, 2018
The dollar stood near a one-month high against its peers on Wednesday as concerns as political wrangling over Italy’s budget plan rattled market sentiment and weighed on the euro. The greenback rose as the euro slumped after a senior ...
The dollar stood tall against its peers; Euro lost more than 0.9 percent this week
September 28th, 2018
The dollar stood tall against its peers on Friday, hovering near a nine-month high versus the yen, after data reinforced upbeat views about the U.S. economy and backed the Federal Reserve’s signal for a steady course of rate increases ...
Asian Stocks Mixed, Yen and British Pound were steady; Key financial events coming up
September 26th, 2018
Asian stocks were mixed as traders awaited the Federal Reserve meeting. U.S. Treasuries were steady, with yields near the seven-year highs reached in May. Japan’s Topix index retreated from its highest in almost eight months. Stocks rallied in Hong ...
Australian dollar to U.S. dollar declined, Gold fell; Key events coming up this week
September 24th, 2018
Stocks in Hong Kong fell with U.S. equity futures and the Australian dollar after China called off planned trade talks with U.S. officials, potentially triggering an escalation in the protracted tariff war between the world’s two-biggest economies. While the ...
Asia stocks build on rally; These are the main moves in markets
September 21st, 2018
Asia stocks are set to cap the strongest two-week rally since February as investors take in evidence that escalating trade tensions have yet to hurt global growth and China’s moves to support its expansion. With the world’s expansion intact ...
Early traders review: Euro to Dollar rose, Pound to Dollar slid; Asian stocks declined
September 3rd, 2018
Asian stocks declined, while the dollar held on to its recent rally as investors assessed the outlook for trade and whether turmoil in some emerging markets can be contained. The pound retreated as the chief European negotiator on Brexit ...
Global economy is facing a ‘perfect storm’, warns BIS chief
August 29th, 2018
The problem with the current US policy of using tariffs to pursue trade and economic strategies is that they are such a crude tool to use within such a complex, sophisticated and global ecosystem. The Bank of International Settlements’ ...
Dollar steady against the euro and a basket of major currencies
August 28th, 2018
The dollar was steady against the euro and a basket of major currencies after the United States and Mexico agreed to overhaul the North American Free Trade Agreement, boosting optimism for an easing of global trade tensions. The agreement ...
Asian stocks advanced, yen to dollar rose; Key financial events coming up this week
August 27th, 2018
Asian stocks gained at the start of the week following a fresh all-time high in their U.S. counterparts Friday, as the Federal Reserve reaffirmed a slow and gradual pace of policy tightening. The dollar ticked lower and the yen ...
Trump accuses China, EU of currency manipulation
August 22nd, 2018
President Donald Trump accused China and the European Union of manipulating their currencies as he tries to wrestle concessions from two of the U.S.’s largest trade partners. “I think China’s manipulating their currency, absolutely. And I think the euro ...
