currency markets News

Asian Markets Dip as Australia's Unemployment Rate Holds Steady at 4.1%

Asia-Pacific markets traded lower as Australia's unemployment rate stayed at 4.1% in April. Key indices like Japan's Nikkei 225 and China's Shanghai Composite saw declines, while t...

India's Forex Reserves Dip by $2.06 Billion, Ending an 8-Week Growth Streak

India's foreign exchange reserves decreased by $2.06 billion, ending an eight-week growth streak. The total reserves now stand at $686.06 billion, with mixed trends in its componen...

British Pound Surges Against Euro Following Bank of England's Expected Rate Cut

The British pound strengthened against the euro and dollar after the Bank of England cut interest rates by 25 basis points to 4.25%. Governor Andrew Bailey's cautious remarks and o...

European Markets Edge Lower Amid Earnings Season and Anticipation of Fed's Decision

European stock indexes opened lower as investors weigh corporate earnings and geopolitical tensions, with anticipation building for the Federal Reserve's policy decision. Key stock...

European Markets Dip Amid Earnings Reports and Anticipation of Fed's Decision

European stock indexes opened lower amid corporate earnings and economic indicators, with investors also weighing the impact of India-Pakistan tensions. The market awaits the Feder...

European Markets Dip Amid Earnings Season and Anticipation of Fed's Decision on Interest Rates

Major European stock indexes opened lower as investors assess corporate earnings and await the Federal Reserve's monetary policy decision. The French CAC 40 and FTSE 100 saw declin...

European Markets Dip as Investors Eye Earnings and Fed Decision Amid India-Pakistan Tensions

European stock indexes opened lower as investors weighed corporate earnings and economic indicators against the backdrop of India-Pakistan tensions. The euro and pound held steady ...

European Markets Rally at Opening: Earnings Reports and Trade Talks Fuel Optimism

European stock markets opened higher on Tuesday, buoyed by corporate earnings and anticipation of key data reports. Global trade talks also influenced investor sentiment, with majo...

European Markets Rally at Opening Bell: Earnings and Trade Talks in Focus

European stock markets opened higher on Tuesday, with investors focusing on corporate earnings and global trade talks. Key indices like the CAC 40, FTSE 100, and DAX showed gains, ...

Swiss National Bank on High Alert: Ready to Intervene as Franc Strengthens

Swiss National Bank Chairman Martin Schlegel reaffirms the central bank's readiness to intervene in the foreign exchange market due to the Swiss franc's significant appreciation, p...

European Markets Surge as US-China Trade Talks Hope Sparks Investor Optimism

European stock markets closed higher amid optimism over potential US-China trade talks, with significant gains across major indexes and currencies.

Dow Futures Surge Over 300 Points as Renewed US-China Trade Talks Spark Investor Optimism

US stock futures, including Dow Jones, S&P 500, and Nasdaq-100, saw significant gains as China's openness to resume trade talks with the US improved investor sentiment. The euro al...

Dow Futures Surge Over 300 Points as Renewed US-China Trade Talks Boost Market Optimism

US stock futures, including Dow Jones, S&P 500, and Nasdaq-100, saw significant gains amid optimism over renewed US-China trade talks. The euro also strengthened against the US dol...

FTSE 100 Stagnates Amid UK Economic Slowdown: Manufacturing and Mortgage Approvals Decline

The FTSE 100 ended flat as UK economic data revealed a contraction in the manufacturing sector and a drop in mortgage approvals. The euro and pound sterling also weakened against t...

FTSE 100 Stagnates Amid UK Economic Slowdown: Manufacturing and Mortgage Woes

The FTSE 100 closed flat amid disappointing UK economic data, including a contraction in manufacturing and a drop in mortgage approvals. Currency markets also reflected uncertainty...

FTSE 100 Stagnates Amid UK Economic Slowdown: Manufacturing and Mortgage Woes

The FTSE 100 closed flat as UK economic data showed a contraction in the manufacturing sector and a drop in mortgage approvals. The euro and pound sterling both weakened against th...

Wall Street Stumbles as Trump's Tariff Talk and Mixed Earnings Spark Market Jitters

US stock markets opened lower on Friday, impacted by President Trump's trade comments and varied corporate earnings. The Dow, Nasdaq, and S&P 500 all saw declines, with Intel's sha...

European Markets Surge on Trade Optimism and Strong Corporate Earnings

European markets opened higher on Friday, driven by optimism over potential easing of US-China trade tensions and strong corporate earnings. UK retail data also exceeded expectatio...

Dow, Nasdaq, and S&P 500 Dip Amid Trump's Tariff Talk and Mixed Earnings Reports

US stock markets declined as investors reacted to President Trump's trade rhetoric and mixed corporate earnings, with Intel's stock plunging significantly. The euro also weakened a...

European Markets Rally on Trade Optimism and Strong Corporate Earnings

European markets opened higher on Friday, driven by positive corporate earnings and optimism over US-China trade relations. UK retail data also exceeded expectations, with a 2.6% y...

European Markets Rally on Trade Optimism and Strong Corporate Earnings

European markets opened higher on Friday, driven by optimism over potential easing of US-China trade tensions and strong corporate earnings. UK retail sales also surpassed expectat...

European Markets Surge on Renewed Trade Optimism and Strong Corporate Earnings

European markets opened higher on Friday, lifted by positive corporate earnings and reports of China possibly easing tariffs on US-made chips. UK retail sales also exceeded expecta...

European Markets Brace for Mixed Open Amidst First Quarter Earnings Rollout

European markets anticipate a lower opening as investors review mixed Q1 earnings. BNP Paribas and Sanofi report strong revenue growth, while Renault and Eni see declines. Key indi...

Wall Street Soars as Boeing and Tech Giants Report Stellar Earnings, Trump Denies Powell Firing Rumors

U.S. stock markets opened higher with significant gains, driven by strong earnings from Boeing and tech giants. President Trump denied rumors of firing Fed Chair Powell, while the ...

Dow Soars Over 600 Points as US Stock Futures Surge Following Trump's Reassurance on Fed Chair

US stock futures surged, with the Dow Jones leaping over 600 points after President Trump reassured markets he won't fire Fed Chair Powell. The Nasdaq and S&P 500 also saw signific...

European Markets Rally as Trade War Fears Ease, Investors Eye Stability

European markets opened higher on Wednesday, lifted by easing trade war concerns and positive comments from U.S. President Donald Trump about Federal Reserve Chair Jerome Powell. M...

Dow Soars Over 600 Points as Trump Reassures Markets: A Surge in US Stock Futures

US stock futures surged, with the Dow Jones Industrial Average jumping over 600 points after President Trump reassured markets he wouldn't fire Federal Reserve Chair Jerome Powell....

Dow Soars Over 600 Points as US Stock Futures Rally Following Trump's Reassurance on Powell

Major US stock futures, including the Dow Jones Industrial Average, surged following President Trump's reassurance about Federal Reserve Chair Jerome Powell's position. The Dow jum...

European Markets Surge as Trade War Fears Ease: Key Indices Show Promising Gains

European markets opened higher on Wednesday, with significant gains across key indices as global markets recover from trade war anxieties. Positive developments between the US and ...

Asian Markets Rally as US-China Trade Tensions Ease: A Closer Look at Regional Gains

Asian stock markets mostly rose as US President Trump's announcement on reducing China tariffs eased trade war fears. Japan's Nikkei 225 and Hong Kong's Hang Seng saw significant g...

Dow Jones Surges Over 300 Points: A Remarkable Rebound Amidst Market Uncertainty

Major US stock futures, including the Dow Jones, Nasdaq 100, and S&P 500, experienced significant gains after a day of declines. The rebound comes amidst concerns over potential po...

Dow Soars 300 Points: A Remarkable Rebound Amidst Fed Chair Firing Fears

US stock futures, led by the Dow Jones, surged over 300 points in a rebound from fears over Fed Chair Jerome Powell's potential firing by President Trump. The Nasdaq 100 and S&P 50...