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Euro Rebounds on Rising Expectations ECB May Wind Down Stimulus
The euro remained near two-week highs versus majority of its rivals on Thursday, on increasing bets the European Central Bank may announce it will taper its stimulus program by year-end as early as next week at the end of its policy meeting...
2018-06-07 02:29:00 UTC+00
104155
Investments,
Eurozone,
Forex
Euro on Steady Footing; NAFTA Concerns Hit Loonie, Mexican Peso
The euro held steady on Wednesday as investors began to focus on the European Central Bank's policy meeting next week, while worries that the U.S. could withdraw from its trade agreement with Canada and Mexico affected their currencies...
2018-06-06 05:07:00 UTC+00
41455
Industry,
Investments,
European central bank,
Eurozone,
Forex
Mexico Hits Back against Steel Duties with Tariffs on U.S. Imports
Mexico has announced new levies on U.S. imports in response to U.S. President Donald Trump's decision to impose hefty tariffs on imports of steel and aluminum...
2018-06-06 02:26:00 UTC+00
47800
World Economy,
Forex,
Finance
Euro Gets Boost from Ebbing Italy Worries; Dollar Strengthens Against Yen
The euro received support form indications of political stability in Italy and the dollar continued its upward trend versus the yen after a strong U.S...
2018-06-05 07:03:00 UTC+00
31525
Policy,
World Economy,
Investments,
Eurozone,
Forex
Australia’s Central Bank Stands Pat on Rates
Australia's central bank held its benchmark interest rate at its June meeting on Tuesday, in line with economists' estimates as progress on lowering unemployment and reaching inflation targets was anticipated to be “gradual”...
2018-06-05 06:21:00 UTC+00
29155
Policy,
World Economy,
Forex
Euro Rises as Italy Geopolitical Risks Ease
The euro advanced on Monday after political tensions in Italy dissipated, powering a rebound in appetite for risky assets as concerns about a rising trade war between the U...
2018-06-04 10:21:00 UTC+00
16495
Investments,
Eurozone,
Forex,
Finance
U.S. Tariffs Weigh Down Canadian Dollar, Peso; Euro Climbs on Easing Tensions
The euro seemed to be on course to post its first weekly increase in seven weeks as concerns over Italy's political crisis ebbed, but the Canadian dollar and Mexican peso were hit by Washington's announcement that it will push through with heavy tariffs on imported steel and aluminum...
2018-06-01 06:08:00 UTC+00
19465
Investments,
Eurozone,
Forex
Euro Enjoys Respite as Italy Political Turmoil Shows Signs of Easing
The euro won a reprieve on Thursday, holding on to the strong gains it made on Wednesday, as Italian leaders moved to mitigate political turbulence and avoid a potentially disruptive early election...
2018-05-31 05:25:00 UTC+00
15595
Investments,
Forex
BOC Paves Way for Further Interest Rate Hikes
Canada's central bank is opening the path fore more rate increases in the second half of the year as the country's economy grows against capacity constraints and inflation stays near its highest level in seven years...
2018-05-31 04:22:00 UTC+00
20095
Policy,
World Economy,
Investments,
Forex,
Stocks, bonds
Italian Populist Parties Restart Talks to Establish Government
Italian president Sergio Mattarella has tried to reach a deal between the nation's two biggest populist parties in order to prevent another national election that could threaten to destabilize the country, helping Italian assets to rebound from a sell-off that rattled global financial markets...
2018-05-31 01:58:00 UTC+00
16540
Investments,
Eurozone,
Forex,
Stocks, bonds
Euro Near Multi-Month Lows Amid Italian Political Crisis
The euro hovers near multi-month lows versus major currencies on Wednesday as Italy's political crisis deepened, raising the likelihood of an early election that some market players fear could lead to a eurosceptic government in Rome...
2018-05-30 05:17:00 UTC+00
13840
Investments,
Forex
Euro Hovers Near 6-½-Month Lows on Italy Concerns
The euro struggled near a 6-½-month low versus the dollar on Tuesday, as the bounce seen at the beginning of the week faded and investors took a grim view on the prospect of new elections in Italy...
2018-05-29 05:17:00 UTC+00
14785
Investments,
Forex
Euro Rebounds from 6-½-Month Lows, Italy in Focus
The euro eased from a 6-½-month low versus the dollar on Monday, catching its breath after Italy's president tried to alleviate investor worries about political unrest in the country, although the prospect of a near-term election capped gains...
2018-05-28 05:18:00 UTC+00
15820
Investments,
Eurozone,
Forex
Yen retreats from 2-week high after N. Korea says still open to talks with U.S.
The yen pulled back from a two-week high versus the dollar on Friday after North Korea said it was open to resolving issues with the United States after President Donald Trump cancelled the June summit with its leader, Kim Jong Un...
2018-05-25 05:55:00 UTC+00
23275
Investments,
Forex
Dollar Retreats After Fed Minutes; Euro Under Pressure
The dollar lost momentum on Thursday following minutes of the Federal Reserve's last policy meeting and the threat by U.S. President Donald Trump of imposing new tariffs on imported cars...
2018-05-24 05:59:00 UTC+00
18715
Investments,
Forex
UK Inflation Drops in April
UK inflation suddenly dropped further in April to its lowest level in over a year as lower airfares provided some relief for cash-strapped Britons. Following the release of the data, the pound slumped to its lowest level in 2018...
2018-05-24 00:31:00 UTC+00
20395
Forex,
UK,
Inflation
Canada Wholesale Trade Soars in March, Loonie Gains
The Canadian dollar climbed versus its U.S. counterpart on Tuesday, adding to Monday's rally as oil prices increased and domestic data showed a better-than-expected gain for wholesale trade...
2018-05-23 00:53:00 UTC+00
16750
Industry,
Investments,
Commodity,
Forex
Dollar Drops from 5-Month Peak, Fed Minutes in Focus
The dollar stood below a five-month peak versus a basket of currencies on Tuesday, catching its breath after a broad rally inspired by rising U.S. bond yields and relief at an easing of U...
2018-05-22 05:59:00 UTC+00
15475
Investments,
Forex
Gold Prices Drop, Weighed Down by Stronger Dollar
Gold prices edged down on Tuesday, wavering near a 2018 low that was reached during the previous session amid a stronger dollar and optimism in global markets, which reduced appetite for the safe-haven metal...
2018-05-22 05:40:00 UTC+00
19075
Investments,
Decrease in the market,
Metal,
Forex
Dollar Strengthens Against Yen as U.S.-China Trade War Fears Ease
The dollar climbed versus the yen on Monday, after U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war with China is “on hold”, lifting risk sentiment amid hopes for an easing of trade tensions between the world's two largest economies...
2018-05-21 05:29:00 UTC+00
15850
Investments,
Forex
Majority of Asian Indexes Close Higher as Investors Weigh in U.S.-Trade Developments
Most of the shares in Asian markets ended higher on Friday, shaking off the Wall Street's weak close as investors digested the most recent over U.S.-China trade news...
2018-05-18 09:20:00 UTC+00
22210
Industry,
Investments,
Share,
Business,
Forex,
Stocks, bonds,
Equity markets,
Asia,
Japan
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