Tag Archives: Euro

European stocks were flat on Tuesday as uncertainty over the path of global interest rates sent investors cautious, while miners fell on fears of weak demand from China. The European Stoxx 600 index settled at 461.17 points by 0710 GMT, at a time when investors focus on assessing signs of …

The yen stabilized on Tuesday, but remained vulnerable to further declines as markets awaited signs of intervention by the Japanese authorities, and the Australian dollar fell after the central bank decided to keep interest rates unchanged. The Reserve Bank of Australia kept interest rates at 4.10 percent, saying it needed …

The yen remained below the 145 level against the psychologically important dollar on Monday, while the US currency held firm against its most important competitors after economic data last week showed a slight decline in inflation and consumer spending in the United States. The yen fell 0.09 percent to 144.45 …

European stock markets are anticipated to begin modestly down on Monday, reversing some of last week’s solid gains on a dip in US inflation as investors analyse mixed Chinese factory data. At 06:00 GMT, the DAX futures contract in Germany was 0.1% lower, the CAC 40 futures contract in France …

European stocks rose on Friday after weak factory activity data in China boosted hopes for more stimulus policies, while investors awaited key inflation data to look for other clues about the direction of global interest rates. The pan-European Stoxx 600 index was up 0.3 percent by 0703 GMT. The index …

The dollar hovered near its highest level in seven months against the yen, after the statements of the heads of the US and Japanese central banks confirmed the significant difference in the path of monetary policy for each of them, during a conference hosted by the European Central Bank last …

European stocks rose on Thursday, supported by the rise of the Swedish clothing stock, H&M, after the company achieved stronger-than-expected profits, but statements related to tightening monetary policy from a number of senior central bank officials curbed risk appetite. And by 0704 GMT, the European Stoxx 600 index rose 0.1 …

Negative trading dominated the movements of the euro-dollar pair during the previous session’s trading, after it failed to breach the strong resistance level at 1.0940, Technically, when looking at the 240-minute chart today, we find that the simple moving averages have returned to pressure the price from above. The 50-day …

Jerome Powell, Chairman of the Federal Reserve System (Fed), and Christine Lagarde, President of the European Central Bank (ECB), are presenting at the ECB Forum on Central Banking in 2023. Along with Powell and Lagarde, Bank of England Governor (BoE) Andrew Bailey and Bank of Japan Governor (BoJ) Kazuo Ueda …

The dollar index retreated on Tuesday after a host of economic data releases indicated the U.S. economy remains resilient and may not be close to a recession, while the euro strengthened after comments from European Central Bank (ECB) President Christine Lagarde.The greenback retreated further after data showed new orders for …