Forex News

Dollar Loses Ground Against Major Counterparts

Dollar Loses Ground Against Major Counterparts

The U.S. dollar fell on Friday amid easing worries about a trade war, and on U.S. President Donald Trump's call to global central banks to lower interest rates.
RTTNews | 2 days ago
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market closed marginally up on Friday after staying in a tight band above the flat line right through the day's trading session. Investors continued to assess recent economic data and U.S. President Donald Trump's remarks about potential new tariffs and call for interest rate cuts.
RTTNews | 2 days ago
European Stocks Fail To Hold Early Gains, Close Flat

European Stocks Fail To Hold Early Gains, Close Flat

European stocks closed on a mixed note on Friday, taking a breather of sorts, after recent strong gains amid optimism about further monetary easing by global central banks. Worries about tariff threats eased a bit, but not fully, and investors largely chose to refrain from making significant moves.
RTTNews | 2 days ago
Pound Higher After Strong U.K. PMI Data

Pound Higher After Strong U.K. PMI Data

The pound strengthened against its major counterparts in the New York session on Friday, as the nation's private sector activity expanded at the fastest pace in three months in January.
RTTNews | 2 days ago
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In January

U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In January

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. unexpectedly deteriorated by more than previously estimated in the month of January. The University of Michigan said its consumer sentiment index for January was downwardly revised to 71.1 from the preliminary reading of 73.2. Economists had expected the index to be unrevised.
RTTNews | 2 days ago
Eurozone Private Sector Grows In January

Eurozone Private Sector Grows In January

Euro area private sector returned to growth in January as the contraction in manufacturing activity slowed and the services sector continued to expand, albeit at a slower pace, results of the purchasing managers' survey by S&P Global showed on Friday.
RTTNews | 2 days ago
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U.S. Existing Home Sales Jump Much More Than Expected In December

U.S. Existing Home Sales Jump Much More Than Expected In December

A report released by the National Association of Realtors on Friday showed existing home sales in the U.S. jumped by much more than expected in the month of December. NAR said existing home sales shot up by 2.2 percent to an annual rate of 4.24 million in December after surging by 4.7 percent to a rate of 4.15 million in November.
RTTNews | 2 days ago
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note on Friday, tracking fairly steady commodity prices, and reacting to U.S. President Donald Trump's threat that his administration will impose new tariffs on Canada and the European Union.
RTTNews | 2 days ago
Ericsson Q4 Results Rise, Hikes Dividend; But Stock Down

Ericsson Q4 Results Rise, Hikes Dividend; But Stock Down

Swedish telecom major LM Ericsson reported Friday higher fourth- quarter earnings and sales, with significant growth in North America, despite weak results in Asia, particularly India. Further, the company lifted quarterly dividend. Meanwhile, the shares were losing around 9 percent in Sweden as well as in pre-market activity on the Nasdaq.
RTTNews | 2 days ago
CAC 40 Rises To Over 7-month High

CAC 40 Rises To Over 7-month High

French stocks are notably higher Friday morning with investors digesting French and Eurozone PMI data, and reacting positively to U.S. President Donald Trump's comments calling for lower lower interest rates. Slightly easing worries about tariff threats contribute as well to the positive sentiment in the market.
RTTNews | 2 days ago

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