Advertisement
Hungarian Forint Rises Against U.S. Dollar After Hungary Rate Hike
(RTTNews) - The Hungarian forint advanced against the U.S. dollar in the European session on Tuesday, as Hungary's central bank lifted its benchmark rate at a sharper-than-expected pace.
The Monetary Council, led by Governor Gyorgy Matolcsy, hiked the base rate by 125 basis points to 13.00 percent from 11.25 percent.
The overnight deposit rate was increased by 125 basis points to 12.50 percent and both the overnight and one-week collateralised lending rates were raised by 125 basis points to 15.50 percent.
The Hungarian forint edged up to 419.72 against the greenback from Monday's close of 424.75. The Hungarian forint is seen finding resistance around the 404.00 level.
read more
Hungarian Forint Drops Against U.S. Dollar After Rate Cut
The Hungarian forint weakened against the U.S. dollar on Tuesday, as the National Bank of Hungary reduced the base rate by 100 basis points, as expected.
RTTNews
|
vor 439 Tagen
Japan Data On Tap For Monday
Japan is scheduled to see a few reports on Monday, highlighting a very light day for Asian-Pacific economic activity. On tap are current account figures for March and April numbers for bank lending and the Eco Watchers Survey.
RTTNews
|
vor 49 Minuten
U.S. Dollar Declines On Trade Deal Optimism
The U.S. dollar weakened against its major counterparts in the New York session on Friday as investors looked ahead to discussions between the U.S. and China scheduled for this weekend.
RTTNews
|
vor 2 Tagen
Swiss Market Ends On Positive Note
The Swiss market closed higher on Friday as easing concerns about trade tensions following the announcement of a trade deal between the U.S. and U.K., and upcoming talks between U.S. and China helped keep the mood positive.
RTTNews
|
vor 2 Tagen
European Stocks Close On Firm Note On Trade Deal Optimism, Earnings
European stocks closed higher on Friday amid optimism about the U.S. and China agreeing on a trade deal this weekend, close on the heels of U.S. President Donald Trump unveiling the framework of a trade agreement with the U.K. on Thursday.
RTTNews
|
vor 2 Tagen
TSX Modestly Higher On Positive Jobs Data, Earnings Updates
The Canadian market is modestly higher around noon on Friday, riding on gains in communications, energy and materials sectors.
Optimism about the U.S. and China agreeing on a trade deal this weekend, close on the heels of U.S. President Donald Trump unveiling the framework of a trade agreemen
RTTNews
|
vor 2 Tagen
Bay Street Headed For Positive Start
Firm commodity prices and steady global stocks amid optimism about trade deals point to a positive start for the Canadian market on Friday. Canadian jobs data for the month of April, and corporate earnings updates are also set to make an impact.
RTTNews
|
vor 2 Tagen
FTSE Up Nearly 0.5% On Easing Tariff Concerns
U.K. stocks are up on Friday, supported by some strong earnings updates, and continued optimism about trade deals.
U.S. President Donald Trump said on Thursday that the meetings with China on trade and economic issues could be "very substantive" and lead to tariff reductions.
RTTNews
|
vor 2 Tagen
