Forex Nyheter
U.S. Dollar Seeing Modest Strength Following Upbeat Service Sector Data
After trending lower over the past few days, the value of the U.S. dollar has shown a modest move back to the upside during trading on Wednesday.
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17h 18minuter sedan
Swiss Market Ends On Bright Note
The Switzerland market ended on a strong note on Wednesday, in line with most of the markets across Europe, amid hopes the European Central Bank will announce its first interest rate cut in several years on Thursday.
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20h 17minuter sedan
European Stocks Close Higher Amid Optimism Over ECB Rate Cut
European stocks closed higher on Wednesday amid rising optimism about an interest rate cut by the European Central Bank (ECB) tomorrow. Data showing an increase in Eurozone Composite PMI, and growth in France's industrial output helped as well in lifting investor sentiment.
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20h 33minuter sedan
Canadian Dollar Drops As BoC Cuts Interest Rates
The Canadian dollar declined against its major counterparts in the New York session on Wednesday, as the Bank of Canada lowered interest rates by 25 basis points.
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21h 6minuter sedan
Canadian Market Up In Positive Territory After BoC's Rate Cut Announcement
The Canadian market is up in positive territory around noon on Wednesday, with investors cheering the Bank of Canada's decision to cut interest rate by 25 basis points.
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21h 34minuter sedan
U.S. Services Index Jumps To Nine-Month In May
Service sector activity in the U.S. returned to growth in the month of May after contracting in April for the first time since December 2022, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI jumped to 53.8 in May from 49.4 in April, with a reading above 50 indicating growth in the sector.
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22h 58minuter sedan
UK Service Sector Growth Moderates In May
The UK service sector growth moderated in May as growth momentum in business activity and new orders softened from their 11-month highs reported in April, final survey data from S&P Global showed on Wednesday. The S&P Global services Purchasing Managers' Index dropped to 52.9 in May, in line with the flash estimate, from April's 11-month high of 55.0.
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23h 4minuter sedan
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Bank Of Canada Lowers Interest Rates By A Quarter Point As Widely Expected
Citing continued evidence that underlying inflation is easing, the Bank of Canada on Wednesday announced it has decided to lower interest rates by 25 basis points. The Bank of Canada reduced its target for the overnight rate to 4.75 percent, with the bank rate at 5.0 percent and the deposit rate at 4.75 percent.
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23h 51minuter sedan
Archer Air Receives FAA Certification To Begin Operating Commercial Airline
Archer Aviation Inc. (ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced Wednesday that its subsidiary, Archer Air, has received its Part 135 Air Carrier & Operator Certificate from the Federal Aviation Administration (FAA).
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1 dag sedan
U.S. Mortgage Applications Tumble For Second Straight Week
Mortgage applications in the U.S. tumbled for the second consecutive week in the week ended May 31st, according to a report released by the Mortgage Bankers Association on Wednesday.
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1 dag sedan
Eurozone Private Sector Logs Fastest Growth In A Year
Eurozone private sector posted the fastest growth in a year in May as strong demand boosted production and hiring amid cooling inflation, the final Purchasing Managers' survey data compiled by S&P Global showed on Wednesday. The HCOB composite output index posted 52.2 in May, up from 51.7 in the previous month. The flash reading was 52.3.
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1 dag sedan
U.S. Private Sector Job Growth Slows More Than Expected In May
A report released by payroll processor ADP on Wednesday showed private sector job growth in the U.S. slowed by more than expected in the month of May. ADP said private sector employment climbed by 152,000 jobs in May after jumping by a downwardly revised 188,000 jobs in April.
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1 dag sedan
Rocky Mountain Appoints Jeff Geygan As Interim-CEO; Starlette Johnson As Board Chair
Rocky Mountain Chocolate Factory Inc. (RMCF) announced Wednesday that following the recent appointment Jeff Geygan as interim-CEO, he has yielded his position as Chair of the Board of Directors, in accordance with the Company's governance policies. The Board has elected Starlette Johnson to serve as Board Chair.
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1 dag sedan
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