The British Pound (GBP) fell on Monday against the U.S. Dollar by 0.14%, as the greenback strengthened across the board, amid thin trade with the Labor Day holiday in North America. The GBP/USD pair declined by 0.14% to 1.3838, snapping a three-session rising streak and logging its biggest drop since …

The Euro (EUR) declined on Monday against the rising U.S. Dollar (USD), registering its first loss in seven sessions. The EUR/USD pair slipped by 0.06% to reach 1.1872, maintaining the 1.870 level, but remaining lower year to date by about 2.82%. This was the first and largest loss for the …

The U.S. Dollar (USD) traded marginally higher on Monday, with thin trade volumes attributed to the federal holiday commemorating Labor Day. The greenback rose by about 0.10% against major currencies, snapping a four-day declining streak and recording its largest rise since August 26. Last week, markets were surprised by a …

Goldman Sachs is planning to list its alternative asset management arm, Petershill Partners, on the London Stock Exchange (LSE). The investment bank announced on Monday that would raise at least $750 million in the IPO. Media reports pointed to plans targeting $5 billion, according to Dow Jones. Petershill Partners and …

The New York Stock Exchange (NYSE) could be rising to new record highs, as evident by today’s rise of the U.S. stock futures on Monday, with the futures on the S&P 500 rising by 0.3%. In addition, most stock markets performed positively today, signaling that Wall Street might be up …

Markets across the United States are closed today in celebration of Labor Day. The long weekend, observed on the first Monday in September, celebrates workers and the labor movement in the U.S. The first Labor Day was celebrated in the U.S. back in 1882 in New York. Nearly two decades …

European stocks rose on Monday, opening the week with a positive performance after registering their best monthly performance since May last month. The STOXX Europe 600 index added 3.26 points or 0.69% today to close at 475.19 points, logging its second-highest closing level of all time. France’s CAC40 index finished …

The unemployment rate in the United States declined in August to 5.2%, in line with market expectations, reaching its lowest level since the beginning of the coronavirus pandemic in March 2020. But the data also showed a much less than expected increase in nonfarm payrolls, with an increase of 235,000. …

The main indices of the New York Stock Exchange (NYSE) showed a mixed performance on Friday, with Wall Street investors reacting to the disappointing nonfarm payrolls data for last month, which increased concerns over the pace of recovery from the coronavirus (COVID-19) pandemic. The Dow Jones Industrial Average closed lower …

Gold prices rose on Friday, after data showed disappointing progress by the U.S. labor market, with a lower than expected increase in nonfarm payrolls during August, which increased concerns over the pace of recovery from the coronavirus pandemic. The jobs report led to the decline of the Dollar Index (DXY) …