Tag Archives: Forex

The dollar stabilized on Monday after investors digested a batch of economic data released last week that raised hopes that the Federal Reserve would slow the pace of interest rate hikes. Data on Friday showed that non-farm payrolls in the United States increased by 223 thousand jobs in December, while …

European stocks rose on Friday, on track for their best weekly performance since November, with natural gas futures falling and positive economic data as investors await inflation data in the eurozone. The Stoxx Europe 600 index rose 0.1% by 0815 GMT, bringing its weekly gain to 3.4% so far. All …

Japan’s Nikkei index recovered early losses to close higher on Friday as investors bought back falling stocks and the yen fell against the dollar. The Nikkei index closed up 0.59 percent at 25,973.85 points, after it started trading on a lower note, affected by the decline on Wall Street at …

European stocks fell on Thursday ahead of the release of inflation data in the eurozone and after the release of the minutes of the Federal Reserve meeting in December, which showed the US central bank’s commitment to curbing inflation. The pan-European STOXX was down 0.3% by 0810 GMT, after rising …

The dollar struggled to rally on Thursday even though policymakers at the US Federal Reserve reaffirmed their commitment to fighting inflation, while the Australian dollar jumped after China eased restrictions on coal imports from Australia. The minutes of the Federal Reserve’s December monetary policy meeting, released last night, showed that …

Japan’s Nikkei index recovered on Thursday from its lowest level in three months as shares of chip-related companies rose, tracking their US counterparts, but expectations of the world’s major central banks continuing to pursue monetary tightening limited gains. The Nikkei ended the session up by 0.4 percent, recording 25,820.80 points, …

The dollar fell on Wednesday against commodity-linked currencies such as the Australian dollar and against the euro, which was supported by a batch of data indicating that European inflation may have run its course. The dollar was already under pressure from investors who were increasingly optimistic that China’s easing of …

The euro stabilized on Wednesday, January 4, and high-risk currencies recovered thanks to optimism that China’s lifting of Covid restrictions would boost growth, while investors’ focus shifted to US data and the Federal Reserve. The euro had lost 1% overnight, its biggest drop in more than two months after a …

European stocks extended their rally on Wednesday after a lower inflation reading in France boosted sentiment as investors await data on business activity in the eurozone and minutes from the Federal Reserve’s last meeting. The Stoxx 600 index of European shares rose 0.5 percent by 0808 GMT, while the French …

The Nikkei index of Japanese stocks closed at its lowest level in nearly ten months in the first trading sessions in 2023, tracking the impact of Wall Street’s decline last night, while sentiment was also affected by the rise of the yen against the dollar. The Nikkei index fell 1.45 …