Forex News

Malaysia Central Bank Keeps Rate On Hold

Malaysia's central bank left its interest rates unchanged on Thursday despite the sharp weakening of the currency. The Monetary Policy Committee of Bank Negara Malaysia headed by Datuk Abdul Rasheed Ghaffour decided to retain the Overnight Policy Rate at 3.00 percent. Markets widely expected the bank to keep the rate on hold.
RTTNews | 570 days ago
European Economic News Preview: Bank Of England Set To Hold Rate

European Economic News Preview: Bank Of England Set To Hold Rate

The monetary policy announcement from the Bank of England is the major event due on Thursday, headlining a hectic day for the European economic news. The BoE is widely expected to keep the bank rate unchanged for the second straight meeting. The current 5.25 percent is the highest since early 2008. The statement is due at 8.00 am ET.
RTTNews | 570 days ago
Cardinal Health Recalls Certain LEADER Brand Eye Drops

Cardinal Health Recalls Certain LEADER Brand Eye Drops

Cardinal Health, Inc. is recalling certain Leader branded eye drops supplied by Velocity Pharma, LLC citing potential risk of eye infections, according to the US. Food and Drug Administration. The recall was initiated after the FDA informed the Dublin, Ohio-based company that investigators found insanitary conditions in the manufacturing facility and positive bacterial test results...
RTTNews | 570 days ago
Antipodean Currencies Rise Amid Risk Appetite, Fed Decision

Antipodean Currencies Rise Amid Risk Appetite, Fed Decision

Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major counterparts in the Asian session amid risk appetite, after a hawkish interest-rate hold by the Federal Reserve fueled hopes that the U.S. central bank is done with rate hikes.
RTTNews | 570 days ago
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Sensex, Nifty Likely To Follow Global Peers Higher

Sensex, Nifty Likely To Follow Global Peers Higher

Indian shares look set to open on a positive note Thursday after data showed GST revenue collection jumped 13 percent year-on-year in October to Rs 1.72 lakh crore, marking the second-highest revenue collection ever.
RTTNews | 570 days ago
Asian Shares Follow Wall Street Higher

Asian Shares Follow Wall Street Higher

Asian stocks rose sharply on Thursday as a hawkish interest-rate hold by the Federal Reserve fueled hopes that the U.S. central bank is done with rate hikes.
RTTNews | 570 days ago
Thai Bourse Poised To End Losing Streak

Thai Bourse Poised To End Losing Streak

The Thai stock market has moved lower in back-to-back sessions, sinking more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,380-point plateau although it's expected to stock the bleeding on Thursday.
RTTNews | 570 days ago
Indonesia Shares Tipped To Remain Rangebound

Indonesia Shares Tipped To Remain Rangebound

The Indonesia stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had gathered more than 95 points or 1.3 percent. The Jakarta Composite Index now sits just above the 6,640-point plateau although it's expected to bounce higher again on Thursday.
RTTNews | 570 days ago

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