Tag Archives: currencies

The dollar continued to rise on Thursday, reaching levels not reached in 24 years against the yen and close to parity with the euro, amid speculation by traders that the Federal Reserve will raise interest rates to combat inflation. Global economic turmoil pushed the dollar’s price to rise sharply as …

European shares fell on Thursday, affected by increased expectations that the Federal Reserve will raise interest rates again after a sharp rise in the inflation rate in the United States, while the main index in Italy fell 1% as the risk of a government collapse increased. The pan-European Stoxx 600 …

The euro hovered above parity with the US dollar on Wednesday as traders focused on US data due later on Wednesday that is expected to show inflation at a 40-year high. European stocks witnessed a decline and the currency markets were calm in early European trading, with the dollar index …

European shares extended losses for the second consecutive session on Tuesday, weighed down by fears of a lack of energy supplies, while a rise in COVID-19 infections in China exacerbated fears of a global economic recession. The decline included most sectors such as healthcare, technology and luxury products. The oil …

Japanese stocks fell on Tuesday as a surge in domestic COVID-19 infections sparked fears of a recession and led to a morning sell-off. The Nikkei index closed down 1.77 percent at 2,6336.66 points, after losing as much as 1.99 percent earlier in the session. The broader Topix index fell 1.64%. …

The dollar rose to a 24-year high against the yen on Monday after good results from Japan’s ruling conservative alliance signaled no change in loose monetary policies and global growth concerns boosted the dollar as a safe haven on a broader scale. The dollar rose to 137.28 yen in morning …

Japan’s Nikkei index closed higher on Monday after Japan’s coalition government consolidated its majority in the upper house of parliament in Sunday’s election. The Nikkei closed up 1.11 percent at 26,812.30 points, after climbing as much as 2 percent earlier in the session to its highest level since June 13. …

A slight decline in the dollar gave the euro some recovery, allowing it to bounce off its two-decade low reached this week after higher energy prices fueled recession fears. Risky assets, including the euro, managed to post gradual gains on Thursday as investors cautiously deal with rising recession risks and …

European shares rose on Thursday, boosted by oil companies and chip makers that were supported by strong preliminary results announced by the Korean Samsung, while investors awaited the European Central Bank meeting statement for indications of a rate hike. The pan-European STOXX 600 index rose 0.8% by 0718 GMT, after …

Japanese stocks closed higher on Thursday, July 7, as investors continued to seek to benefit from a decline in technology stocks, with sentiment boosted by the gains made by Wall Street overnight. The Nikkei index rose 1.47% to close at 26,490.53 points, and the broader Topix index rose 1.42% to …