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Currencies Update: Buoyed dollar sends euro, sterling to 2 1/2-year lows
August 1st, 2019
Gains by the dollar after the Federal Reserve cut interest rates sent the euro to a 26-month low against the U.S. currency on Thursday, as investors decided a lengthy Fed easing cycle was unlikely after the first rate cut ...
Stalling Markets
July 22nd, 2019
The combination of American trade protectionism and the end of a failing credit expansion is leading into a global economic downturn, and potentially a systemic crisis. Meanwhile, investors still believe more extreme monetary policies will stabilise economies and ...
Investors wrap: U.S. futures, Europe stocks mark time before Fed meeting
June 19th, 2019
U.S. equity-index futures and European stocks entered a holding pattern on Wednesday and Treasuries were steady before the conclusion of a Federal Reserve meeting where investors anticipate policy makers will signal a readiness to lower rates. Contracts for the ...
Dollar rose against most other currencies
February 11th, 2019
The dollar rose against most other currencies on Monday, holding near a six-week high as fresh worries about U.S.-Sino trade tensions and global growth drove appetite for safe-haven assets. “U.S.-China talks are the big focus for the week and ...
U.S. dollar rose against a basket of major currencies
February 6th, 2019
The U.S. dollar rose against a basket of major currencies on Tuesday, as investors awaited President Donald Trump’s State of the Union address for a possible update on the U.S.-China trade war. Continued recovery in investors’ appetite for risk ...
Gold reaches seven-month high as dollar struggles
January 30th, 2019
Gold climbed to a seven-month high on Tuesday and stocks were back on the up too, as investors dug in for three days of political and economic drama and a blizzard of big tech earnings, starting with Apple later. ...
Pound holds up against Dollar; Asian markets edged down Tuesday
January 22nd, 2019
Asian markets edged down Tuesday as profit-takers stepped in following a recent run-up, while the pound maintained gains on hopes Britain will avoid crashing out of the European Union. While there were few catalysts to drive business and Wall ...
Dollar pauses, pound steadies after May wins no-confidence vote
January 17th, 2019
The dollar took a breather on Thursday following its recent strong gains against key rivals, while sterling steadied after British Prime Minister Theresa May’s government won a no-confidence vote in parliament. The dollar index, which measures the greenback against ...
This country draws Japanese Bitcoin miners seeking profit
January 16th, 2019
A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in ...
Stocks across Asia kicked off the week with strong gains; Events investors focus on this week
January 7th, 2019
Stocks across Asia kicked off the week with strong gains after soothing Federal Reserve comments and an easing of monetary policy in China stoked a renewed appetite for risk assets. The dollar fell to the lowest in more than ...