Tag Archives: Forex

The euro fell broadly on Thursday after weak PMI data in Germany and France underlined the difficulties facing the euro-zone economy, prompting investors to lower their bets on a massive interest rate hike by the European Central Bank. A preliminary survey on Thursday showed that the German economy, Europe’s largest, …

The euro fell broadly on Thursday after weak PMI data in Germany and France underlined the difficulties facing the euro-zone economy, prompting investors to lower their bets on a massive interest rate hike by the European Central Bank. A preliminary survey on Thursday showed that the German economy, Europe’s largest, …

European shares fell on Thursday, dragged down by the decline in energy and mining shares due to lower commodity prices, amid fears of slowing economic growth, while heavy demand from traders stimulated big moves in stocks. The pan-European Stoxx 600 index was down 1.1 percent by 0724 GMT, with oil …

Japanese stocks ended stable Thursday trading after a turbulent session in which investors were affected by recession fears. The Nikkei index rose 0.08 percent to 26,171.25 points at the close, continuing to trade higher than the psychological level at 26 thousand points, after falling to 25,520.23 points on Monday. The …

The Euro and the British Pound fell on Wednesday as concerns returned that interest rate hikes by major central banks to contain inflation threatened to sharply slow global growth or even trigger a recession. Data showed that consumer price inflation in Britain reached its highest level in 40 years at …

The Japanese yen plunged to a 24-year low against the US dollar on Tuesday, amid a stark contrast between the Bank of Japan’s ultra-loose monetary policy and the US Federal Reserve’s determination to aggressively raise interest rates to stem runaway inflation. The yen fell 1.1 percent to 136,455 against the …

European stocks look set to break a rally on Wednesday, with the decline in oil and metal prices lowering shares of commodity-related companies, while British inflation data revived fears of slowing global growth. By 0718 GMT, the pan-European STOXX 600 index fell 1.5 percent, to a record low not seen …

The euro rose on Tuesday, drawing support from the European Central Bank’s intention to raise interest rates to contain inflation, while the Japanese yen again touched its lowest level in 24 years, affected by the continued pursuit of the Bank of Japan to pursue a very loose monetary policy. The …

European shares continued their recovery on Tuesday, boosted by gains in chemical, mining and oil stocks, with buyers emerging after heavy selling last week on recession fears. The pan-European Stoxx 600 index rose 0.8%, gaining for the third consecutive session, after hitting its lowest level in more than a year …

The euro rose on Monday as markets focused on the European Central Bank’s anti-fragmentation tools in the eurozone, even as French President Emmanuel Macron lost an outright majority in legislative elections. The final results showed that Macron’s “Together” alliance obtained the largest number of votes in the National Assembly elections, …