Dollar Rises Against Major Counterparts On Safe Haven Appeal

RTTNews | Před 692 dny
Dollar Rises Against Major Counterparts On Safe Haven Appeal

(RTTNews) - The U.S. dollar firmed against its major counterparts on Friday amid concerns about inflation and on Fed Chair Jerome Powell's congressional testimony that signaled more interest rate hikes from the U.S. central bank.

Weak business activity data from several countries curbed risk sentiment and prompted investors to seek the safe-haven dollar.

The dollar index climbed to 103.17 in the Asian session, and despite easing to 102.88, remains firm with a gain of nearly 0.5%.

Against the Euro, the dollar strengthened to 1.0897, and against Pound Sterling, it firmed to 1.2717, gaining about 0.25%.

The dollar has gained nearly 0.5% against the Japanese currency, fetching 143.75 yen a unit. Against the Aussie, the dollar has strengthened to 0.6678 from 0.6756.

The dollar is strong against Swiss franc at CHF 0.8969, and against the Loonie, has strengthened to C$ 1.3187 from C$ 1.3151.

read more
European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks are seen opening flat to slightly higher on Friday as investors look for the next trigger to move markets. A day after U.S. President Donald Trump announced that India has offered to "literally charge us no tariffs" on American goods, India's External Affairs Minister S Jaishankar labelled the talks "complicated' and warning "nothing is decided till everything is…"
RTTNews | Před 51 minutami
European Economic News Preview: Eurozone Foreign Trade Data Due

European Economic News Preview: Eurozone Foreign Trade Data Due

Foreign trade from the euro area and unemployment from France are due on Friday, headlining a light day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes unemployment data for the first quarter. The jobless rate is forecast to rise to 7.4 percent from 7.3 percent a quarter ago.
RTTNews | Před 1 h 5 min
Sensex, Nifty Modestly Lower On Weak Asian Cues

Sensex, Nifty Modestly Lower On Weak Asian Cues

Indian shares were a tad lower on Friday, tracking weak cues from other Asian markets. The benchmark S&P BSE Sensex was down 195 points, or 0.2 percent, at 82,333 in early trade while the broader NSE Nifty index dropped 47 points, or 0.2 percent, to 25,015.
RTTNews | Před 1 h 56 min
Australian Market Trims Early Strong Gains In Mid-market

Australian Market Trims Early Strong Gains In Mid-market

The Australian stock market is trimming its early strong gains in mid-market moves on Friday, adding to the gains in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains across most sectors led by mining, financial and technology stocks.
RTTNews | Před 2 h 44 min
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Friday, following the mixed cues from Wall Street overnight, as traders digested the latest settlements on the trade tariff front and remained caution as they awaited more clarity on the developments in trade negotiations with other trade partners. Asian markets ended mostly higher on Thursday.
RTTNews | Před 2 h 59 min
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares are seen opening higher on Friday as India's foreign minister S Jaishankar said that trade talks with the U.S. are still going on and "nothing is decided till everything is".
RTTNews | Před 3 h 49 min
Thai Shares May Reclaim 1,200-Point Level

Thai Shares May Reclaim 1,200-Point Level

The Thai stock market has alternated between positive and negative finishes through the last seven trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,195-point plateau and it's expected to open to the upside on Friday.
RTTNews | Před 4 h 23 min
Japanese Market Notably Lower

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 37,500 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | Před 4 h 42 min