Tag Archives: Forex

European shares opened lower on Monday, with mining and luxury stocks tumbling after hopes that China would ease its strict COVID-19 restrictions earlier this week faded. The pan-European STOXX 600 index fell 0.5% by 0805 GMT, after a string of gains that extended for four consecutive weeks. Shares of European …

The euro and the pound sterling recouped some of their losses on Friday, but were still heading for their biggest weekly decline since September, ahead of US employment data that could confirm Federal Reserve Chairman Jerome Powell’s hint this week of continued monetary tightening, sending the dollar higher. Improved investor …

European shares opened higher on Friday, with luxury goods and mining companies leading the upward trend amid hopes that China will soon ease its strict restrictions related to the fight against the Coronavirus. The Stoxx 600 index rose 0.7% by 0813 GMT, supported by a 3.2% jump in mining stocks, …

The Japanese Nikkei index ended lower Friday’s trading in the Tokyo Stock Exchange, as the tightening monetary policies of the US Federal Reserve prompted investors to sell on their return from a national holiday. However, strong gains in Chinese stocks limited losses. The Nikkei average fell 1.68 percent to 27,199.74 …

European shares started trading sharply lower on Thursday after the Federal Reserve dashed any hopes of easing monetary tightening policies aimed at curbing inflation, and even hinted at smaller interest rate hikes for a longer period. The pan-European STOXX 600 index fell 0.9% by 0810 GMT, with interest-rate-sensitive European technology …

European shares started trading higher on Wednesday, boosted by the rise of the Danish pharmaceutical company Novo Nordisk, while hopes were raised that the Federal Reserve may hint at a slowdown in the pace of monetary tightening at its meeting later on Wednesday. The pan-European STOXX 600 index rose 0.3 …

Japan’s Nikkei index ended Wednesday’s trading in the Tokyo Stock Exchange little changed amid weak trading ahead of the Federal Reserve’s decision on interest, which would also give clues to the bank’s future policy path. Still, investors were keen to buy Sony Group shares in light of strong expectations. Nikkei …

The US dollar slipped on Tuesday from a one-week high against a basket of major counterparts, as sentiment improved in financial markets ahead of the Federal Reserve and Bank of England meetings scheduled for this week. The Federal Reserve is widely expected to raise its key interest rate by 75 …

The US dollar slipped again on Tuesday from a one-week high against a basket of its major peers, with traders awaiting the message Federal Reserve officials will deliver at Wednesday’s monetary policy meeting. The dollar index, which measures the US currency against six rival currencies, including the euro, the pound …

Japanese stocks closed higher on Tuesday, as investors reacted to expectations of some companies for a strong performance, even as Toyota Motor shares fell after the company reported worse-than-expected earnings. The Nikkei average rose 0.33 percent to 27,678.92 points, while the broader Topix gained 0.47 percent to 1,938.50 points. Toyota …