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Actualités Forex
Dollar Turns In Mixed Performance As Traders Weigh Interest Rate Prospects
The U.S. dollar turned in a mixed performance on Wednesday with traders weighing the likely move of the Federal Reserve with regard to interest rates, and the inflation data due next week.
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Swiss Market Ends Notably Lower
The Switzerland stock market ended notably lower on Wednesday after staying in negative territory right through the day's session.
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Major European Markets Close Slightly Weak
Major European markets closed on a slightly weak note on Wednesday amid concerns about economic slowdown and prospects of further interest rate hikes by central banks.
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Canadian Market Down Marginally After BoC Raises Interest Rate
The Canadian market is down marginally around late morning on Wednesday, with investors digesting the Bank of Canada's decision to raise interest rates by 25 basis points.
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Canadian Dollar Firms As BoC Lifts Rate Unexpectedly
The Canadian dollar rose against its major counterparts during the New York session on Wednesday, as the Bank of Canada hiked its key interest rate by a quarter-percentage point amid stubbornly high inflation and stronger than expected economic growth.
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Bank Of Canada Resumes Raising Interest Rates
After leaving interest rates unchanged for two straight meetings, the Bank of Canada on Wednesday announced it has decided to once again raise rates. The Bank of Canada increased its target for the overnight rate by 25 basis points to 4.75 percent, citing stubbornly high inflation and stronger than expected economic growth.
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Loonie Rises After BoC Decision
The Bank of Canada raised its key rate by 25 basis points to 4.75 percent unexpectedly. Following the decision, the loonie advanced against its major counterparts.
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more news
U.S. Trade Deficit Widens Significantly As Exports Slump, Imports Jump
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit widened significantly in the month of April. The Commerce Department said the trade deficit increased to $74.6 billion in April from a revised $60.6 billion in March.
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V2X Awarded Position With U.S. Air Force On Training Systems Acquisition IV Program
V2X, Inc. (VVX) announced Wednesday it was awarded a position on the Training Systems Acquisition IV (TSA IV) program with the United States Air Force.
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Brown-Forman Initiates FY24 Organic Net Sales Growth Outlook - Update
While reporting financial results for the fourth quarter on Wednesday, beverage alcohol maker Brown-Forman Corp. (BFA, BFB) said it now expected organic net sales growth in the 5% to 7% range to reflect the strength of its portfolio of brands, pricing strategy and strong consumer demand.
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U.S. Trade Deficit Widens Significantly In April
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit widened significantly in the month of April.
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Pound Climbs On China Stimulus Expectations
The pound firmed against its major counterparts in the European session on Wednesday, on hopes that weak export growth could prompt Chinese authorities to roll out stimulus measures.
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Farmer Brothers To Divest Direct Ship Business And Northlake, Texas Facility To TreeHouse Foods
Coffee roaster Farmer Brothers Co. (FARM) announced Wednesday it has entered into a definitive agreement to sell its direct ship business, including its Northlake, Texas facility to TreeHouse Foods, Inc. (THS) for approximately $100 million, subject to customary purchase price adjustments.
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