Forex News

U.S. Dollar Falls Amid Risk Appetite

U.S. Dollar Falls Amid Risk Appetite

The U.S. dollar weakened against other major currencies in the Asian session on Friday amid risk appetite, as traders had expressed some concerns the U.S. Fed's next monetary policy move could actually be an interest rate hike rather than a cut, but Fed Chair Jerome Powell post-meeting alleviated those worries. Powell said the next rate move from the central bank will most likely be an interest rate reduction.
RTTNews | 6h 13min ago
European Economics Preview: Eurozone Jobless Data Due

European Economics Preview: Eurozone Jobless Data Due

Unemployment figures from the euro area and Spain, and the purchasing managers' survey results for the services sector from the U.K. are the highlights on the economics front on Friday. Eurozone jobless rate is expected to remain steady at 6.5 percent in March. Eurostat is set to release the data at 05:00 am ET.
RTTNews | 6h 59min ago
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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as traders had expressed some concerns the US Fed's next monetary policy move could actually be an interest rate hike rather than a cut, but Fed Chair Jerome Powell post-meeting alleviated those worries. Asian markets ended mixed on Thursday.
RTTNews | 9h 56min ago
Sensex, Nifty Seen Opening Up On Wall Street Cues

Sensex, Nifty Seen Opening Up On Wall Street Cues

Indian shares look set to open higher on Friday as investors react to firm global cues and the latest batch of earnings results from prominent companies such as Adani Enterprises and Coal India.
RTTNews | 10h 30min ago
Thai Stock Market Tipped To Erase Thursday's Losses

Thai Stock Market Tipped To Erase Thursday's Losses

The Thai stock market on Thursday ended the two-day winning streak in which it had added almost 10 points or 0.7 percent. The Stock Exchange of Thailand now sits just beneath the 1,365-point plateau although it figures to bounce higher again on Friday.
RTTNews | 11h 1min ago
Rebound Likely For Indonesia Stock Market

Rebound Likely For Indonesia Stock Market

The Indonesia stock market on Thursday snapped the two-day winning streak in which it had jumped almost 200 points or 2.9 percent. The Jakarta Composite Index now sits just above the 7,115-point plateau although it's expected to reverse those losses on Friday.
RTTNews | 11h 31min ago
Australian Market Notably Higher

Australian Market Notably Higher

Adding to the gains in the previous session, the Australian stock market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 7,600 level, with gains across most sectors led by technology stocks partially offset by weakness in gold mining stocks.
RTTNews | 11h 39min ago
Overbought Hang Seng Has Positive Lead Again

Overbought Hang Seng Has Positive Lead Again

The Hong Kong stock market has moved higher in eight straight sessions, gathering more than 2,000 points or 11.8 percent along the way. The Hang Seng Index now sits just above the 18,200-point plateau and it's nonetheless tipped to open higher again on Friday.
RTTNews | 12h 1min ago

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