Tag Archives: Forex

European shares fell on Tuesday, tracking declines in global stock markets as investors renewed concerns about slowing economic growth and monetary policy tightening due to business expansion data for May. The pan-European Stoxx 600 index was down 0.8 percent by 0818 GMT, giving up much of Monday’s 1.3 percent gain. …

The euro rose on Monday as investors sold dollars on hopes that easing China’s lockdown measures could support global economic growth. The calmer atmosphere in the stock markets in early European trade also put additional pressure on the dollar, which fell sharply last week, but remains the currency of refuge …

The US dollar is headed for its worst week since early February against major currencies on Friday, losing some of the momentum it gained from a sudden 10 percent rise in its value. The dollar received a boost from investors’ appetite for it as a safe haven amid turmoil in …

European shares rose at the open on Friday, boosted by hopes of an economic recovery in China boosted by the central bank’s announcement of more stimulus, but the region’s stock index headed towards ending the week lower on recession fears. The mining and energy sectors led the gains and pushed …

The euro rebounded somewhat on Thursday after investors digested the possibility that the European Central Bank would tighten monetary policy aggressively in the near term, while the safe-haven dollar picked up a breath after making big gains in previous sessions. Financial markets are currently expecting a 106 basis point hike …

The dollar rose on Wednesday, a day after it suffered its biggest loss in more than two months after US Federal Reserve Chairman Jerome Powell emphasized tighter monetary policy as the US central bank sought to contain rising inflation. Powell pledged that the central bank would raise interest rates as …

European shares rose on Tuesday and were set to extend their gains for the third consecutive session, supported by hopes of continued demand from China as authorities look to ease COVID-19 restrictions. The Stoxx 600 index rose 0.7 percent by 0710 GMT, with gains for all major sub-sectors, led by …

European shares opened lower on Monday, with French shares down nearly 1 percent, after weak economic data from China fueled fears of a global recession. The pan-European Stoxx 600 index fell 0.6 percent by 0715 GMT, after posting its first weekly gain in five weeks on Friday. China’s April retail …

The dollar rose at the start of the week to a level just under a 20-year high against other major currencies on Monday as investors sought safe havens due to concerns about global growth while cryptocurrency markets appeared to have found some stability after last week’s turmoil. The dollar index …

European shares rose in early trading on Friday to settle at the end of a volatile week dominated by concerns about sharp inflation and tightening monetary policy. The pan-European STOXX 600 index rose 0.7% by 0710 GMT, with banking, oil, gas and technology shares leading the morning gains. Trading in …