Forex News

European Stocks Settle Lower Again On Recession Fears

European Stocks Settle Lower Again On Recession Fears

European stocks fell on Tuesday, extending recent losses, amid rising concerns that aggressive monetary policy tightening by central banks could push the global economy into a recession.
RTTNews | 924 days ago
Canadian Dollar Lower On Fed Fears

Canadian Dollar Lower On Fed Fears

The Canadian dollar declined against its most major rivals in the European session on Tuesday, as European stocks fell amid growing expectations for the likelihood of a 75 basis point rate hike at the Federal Reserve's policy meeting on Wednesday.
RTTNews | 924 days ago
BoJ Undertakes Additional Bond Purchases To Defend Yield Cap

BoJ Undertakes Additional Bond Purchases To Defend Yield Cap

The Bank of Japan conducted additional bond purchases on Tuesday as the policy tightening stance by major central banks put pressure on the 0.25 percent yield cap on Japanese government bonds. "The Bank will make changes in the auction schedule and amounts of outright purchases of JGBs as needed, taking account of market conditions," the BoJ said in a statement.
RTTNews | 924 days ago
Dollar Slightly Down After U.S. PPI

Dollar Slightly Down After U.S. PPI

Following the release of U.S. producer prices for May at 8:30 am ET Tuesday, the greenback fell slightly against its major counterparts.
RTTNews | 924 days ago
Dollar Recovers Ahead Of U.S. PPI

Dollar Recovers Ahead Of U.S. PPI

U.S. producer prices for May are due at 8:30 am ET Tuesday. Ahead of the data, the greenback rebounded against its major counterparts.
RTTNews | 924 days ago
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Stealth Granted Pre-NDA Meeting For Elamipretide To Treat Barth Syndrome

Stealth Granted Pre-NDA Meeting For Elamipretide To Treat Barth Syndrome

Biotechnology company Stealth BioTherapeutics Corp (MITO) announced Tuesday its plan to meet with the U.S. Food & Drug Administration (FDA) Division of Cardiology and Nephrology (DCN) to discuss new clinical data that may inform a potential new drug application (NDA) submission for the treatment of Barth Syndrome.
RTTNews | 924 days ago
Euro Showing Strength Against Most Majors

Euro Showing Strength Against Most Majors

The euro was higher against its most major counterparts in the European session on Tuesday, as a pullback in U.S. treasury yields helped lift sentiment.
RTTNews | 924 days ago
German ZEW Economic Confidence Rises In June

German ZEW Economic Confidence Rises In June

Germany's economic confidence improved in June but remained negative as the economy faces uncertainties posed by the war in Ukraine and the tightening of monetary policy, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment climbed to a four-month high of minus 28.0 points in June from -34.3 in May.
RTTNews | 924 days ago

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