Forex News

Asian Shares Mixed In Cautious Trade

Asian markets turned in a mixed performance on Tuesday as weak U.S. data rekindled growth worries and the Reserve Bank of Australia kept the door open to further tightening after unexpectedly raising its key interest rate.
RTTNews | 717 days ago
Australian Dollar Rises On RBA's Surprise Rate Hike

Australian Dollar Rises On RBA's Surprise Rate Hike

The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia unexpectedly raised its key interest rate today saying inflation at 7 percent remains too high, and some further policy tightening may be required in future to bring the price growth rate to target.
RTTNews | 717 days ago
European Shares Poised For Muted Open

European Shares Poised For Muted Open

European stocks are seen opening on a muted note Tuesday as weak U.S. data released overnight reinforced hopes that the Federal Reserve may skip an interest-rate hike at the end of a policy meeting next week.
RTTNews | 717 days ago
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Australian Dollar Rises Ahead Of RBA Rate Decision

Australian Dollar Rises Ahead Of RBA Rate Decision

At 12:30 am ET in the Asian session on Tuesday, the Reserve Bank of Australia will release its June monetary policy decision. The RBA is widely expected to keep its benchmark lending rate unchanged at 3.85 percent.
RTTNews | 717 days ago
Asian Markets Trading Mixed

Asian Markets Trading Mixed

Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from global markets overnight, as traders booked some profits after the recent market rally. They are also reluctant to make significant moves as they look ahead to next week's US Federal Reserve meeting, where the Fed is widely expected to pause its recent series of interest rate hikes.
RTTNews | 717 days ago
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is modestly higher on Tuesday after opening in the red, extending the gains in the previous three sessions, with the Nikkei 225 staying below the 32,300 level at fresh 33-year highs, despite the broadly negative cues from global markets overnight, with gains in technology and exporter stocks.
RTTNews | 717 days ago
Thai Stock Market May Add To Its Winnings On Tuesday

Thai Stock Market May Add To Its Winnings On Tuesday

Ahead of Monday's holiday for the queen's birthday, the Thai stock market had ended the three-day slide in which it had fallen almost 20 points or 1.3 percent. The Stock Exchange of Thailand now sits just above the 1,530-point plateau and it's likely to open higher again on Tuesday as it catches up on missed sentiment.
RTTNews | 717 days ago

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