Tag Archives: Forex

The Japanese yen fell 1.9% on Friday after the Bank of Japan bucked a wave of monetary tightening and stuck to an ultra-low interest rate, while currency markets looked poised for another choppy session after a series of rate hikes this week. The surprise decision of the Swiss National Bank …

European shares rose on Friday but headed for sharp weekly losses after a series of interest rate increases from major central banks fueled fears of a sharp economic slowdown. The pan-European Stoxx 600 index rose 0.8 percent in volatile trading, but it is still heading for a weekly decline of …

After the US unemployment data today recorded negative results compared to what analysts expected, recording a decrease of 3000 last week, the market risk appetite was affected. Risk appetite increased on the US dollar during today’s trading after the Federal Reserve’s interest statement yesterday, which announced the US Central Bank …

European shares fell on Thursday after the US Federal Reserve’s decision to raise interest rates bolstered fears of a possible recession at a time when global economies are facing soaring inflation. The pan-European Stoxx 600 index was down 0.4 percent by 0710 GMT, although European stock futures recovered overnight after …

The euro jumped after the European Central Bank’s governing council said it would hold an emergency meeting on Wednesday, June 15 to discuss the recent massive sell-off in government bond markets, briefly distracting traders ahead of the upcoming US Federal Reserve meeting. The single European currency rose by as much …

European shares rebounded in early trading on Wednesday after a European Central Bank spokesman said that the rate-setting board of governors would hold a meeting that was not on the agenda to discuss the recent sell-off in government bond markets. An index of euro zone shares advanced 1.3 percent by …

European shares rose about one percent on Tuesday, as investors bought shares that fell sharply after the intense selling in the previous session caused by fears of a large US interest rate hike and a possible economic recession. The pan-European Stoxx 600 index was up 0.9 percent by 0705 GMT, …

The price of the dollar, which is considered a safe haven for value, rose towards its highest levels in 20 years against the major currencies on Monday, supported by fears of a global economic slowdown and the expectation of a large interest rate hike by the US Federal Reserve. The …

European shares fell for the fifth consecutive session Monday, June 13, weighed down by economic-sensitive stocks, as the sharp rise in US inflation raised concerns about the US Federal Reserve’s sharp increase in interest rates. The pan-European Stoxx 600 index was down 1.1% by 07:12 GMT, hitting its lowest level …

The dollar fell Friday, June 10, as traders awaited the US inflation data that should provide indications of the path of monetary tightening at the Federal Reserve, and after the European Central announced the start of raising interest rates next month. The euro rose after its decline Thursday, June 9, …