Forex News

Antipodean Currencies Rise, Yen Slides Amid US-China Trade Optimism

Antipodean Currencies Rise, Yen Slides Amid US-China Trade Optimism

The antipodean currencies such as the Australian and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, amid optimism about a potential U.S.-China trade deal after U.S. Treasury Secretary Scott Bessent confirmed that a trade deal has been struck with China following the weekend talks in Switzerland, with no more details offered. Meanwhile, the safe-haven Japanese yen weakened against its major counterparts in the Asian trading on optimism over a US-China trade deal.
RTTNews | 5 days ago
UK Recruitment Activity Remains Weak In April

UK Recruitment Activity Remains Weak In April

UK recruitment activity remained weak at the start of the second quarter as demand for staff deteriorated amid the rise in the salary inflation due to the increases in the national minimum and living wage rates, a report compiled by S&P Global showed Monday. Permanent staff appointments declined further amid reports of weak employer confidence and tighter hiring budgets.
RTTNews | 5 days ago
Sensex, Nifty Rally As Border Tensions Ease

Sensex, Nifty Rally As Border Tensions Ease

Indian shares were sharply higher in early trade on Monday as investors reacted to easing Indo-Pak tensions and positive indications coming from China-U.S. trade talks.
RTTNews | 5 days ago
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Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 5 days ago
Australian Market Halves Early Gains In Mid-market

Australian Market Halves Early Gains In Mid-market

The Australian stock market is halving its early gains in mid-market trading on Monday, but extending the gains in the previous three sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying well above the 8,200.00 level, with gains across most sectors led by iron ore miners, financial and energy stocks. Gold miners are the only weak spot.
RTTNews | 5 days ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, amid optimism about a potential U.S.-China trade deal after U.S. Treasury Secretary Scott Bessent confirmed that a trade deal has been struck with China following the weekend talks in Switzerland, with no more details offered. Asian markets closed mostly higher on Friday.
RTTNews | 5 days ago

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