Dollar Gains Against Major Rivals, Climbs To Fresh Near 2-decade High

UK Economy Contracts Most Since 2023

The UK economy contracted at the fastest pace in 18 months in April as the end of stamp duty holiday, tax hike on businesses and higher US trade tariffs damped the positive momentum seen at the start of the year. Real gross domestic product declined 0.3 percent month-on-month in April, following a growth of 0.2 percent in March, the Office for National Statistics reported Thursday.

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European Shares Edge Lower As Trade Optimism Fades

European stocks traded lower on Thursday, with U.S.-China trade tensions and escalating tensions in the Middle East keeping investors worried.

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Asian Shares Mixed As Investors Await Details On Sino-US Trade Deal

Asian stocks turned in a mixed performance on Thursday as a new U.S.-China trade deal provided few concrete details.

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FDA Upgrades Medtronic Recall Of Newport Ventilators To Class I

Medical devices maker Medtronic plc has urged customers to discontinue clinical use of the recently recalled certain Newport branded ventilators and certain related service parts after the U.S. Food and Drug Administration upgraded it to a Class I recall. According to the FDA, a Class I recall is the most serious type of recall, a situation where the use of, or exposure to, a violative product...

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Pound Slides On Weak U.K. GDP Data

The British pound weakened against other major currencies in the European session on Thursday, as U.K. economy shrank more than expected in April largely reflecting a fall in services output.

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Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Thursday.

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Commodity Currencies Slide Amid Rising Geopolitical Risks, Yen Rises

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Thursday, as rising geopolitical tensions in the Middle East weighed on market sentiment.

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Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.

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EURUSD	1.15776	GBPUSD	1.35806	AUDUSD	0.65006
USDJPY	143.631	USDCAD	1.36469	USDCHF	0.81318

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Dollar Gains Against Major Rivals, Climbs To Fresh Near 2-decade High