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Forex News
Bay Street Headed For Weak Start
Lower Canadian and U.S. futures amid worries about the health of US regional banks, and lingering concerns about U.S.-China trade tensions point to a weak start for the Canadian market on Friday.
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2h 25min ago
FTSE 100 Down 1.4%; Bank Stocks Fall On U.S. Lenders' Credit Woes
The UK market is down sharply on Friday, hurt by a sell-off in the financials sector amid concerns about the health of U.S. banks after a couple of regional banks disclosed that they were exposed to alleged fraud by borrowers, spreading jitters about credit market turmoil.
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3h 46min ago
CAC 40 Drifts Lower As Bank Stocks Tumble; Essilor Jumps On Strong Earnings
A day after hitting a 7-month high, French stock market's benchmark index CAC 40 has slipped into negative territory with bank stocks suffering sharp losses on Friday amid concerns about the health of U.S. credit markets.
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4h 22min ago
Pound Falls Amid BoE Rate Cut Speculation
The British pound weakened against other major currencies in the European session on Friday, amid rising expectations that the Bank of England (BoE) will cut interest rates further this year.
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4h 25min ago
Sensex Rises 485 Points; Nifty Tops 25,700
Indian shares ended higher on Friday as investor sentiment was boosted ahead of Muhurat trading and Dhanteras buying.
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4h 34min ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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4h 49min ago
DAX Down Over 2% As Credit Markets Worries Hurt Sentiment
Germany's DAX is down sharply on Friday with stocks tumbling amid concerns about the health of U.S. banking sector after Zions Bancorp and Western Alliance Bancorp disclosed on Thursday that they were exposed to alleged fraud by borrowers.
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5h 15min ago
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Yen Rises Amid Risk-off Mood
The Japanese yen strengthened against other major currencies in the European session on Friday amid increased risk-off mood, as heightened concerns about the U.S. credit woes weighed on markets.
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5h 18min ago
European Shares Tumble On Concern Over Credit Markets
European stocks tumbled on Friday amid renewed concerns about the health of the U.S. banking sector.
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5h 59min ago
Asian Shares Retreat On US Bank Concerns
Asian stocks declined on Friday as heightened concerns over U.S. banks' loan portfolios added to worries about the ongoing U.S. government shutdown and escalating Sino-U.S. trade tensions.
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6h 25min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Friday.
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6h 50min ago
Commodity Currency's Slide Amid Escalating US-China Trade Tensions
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Friday, amid the escalating trade tensions between the U.S. and China and renewed concerns about the U.S. banking sector after bad loans recently led to the bankruptcies of two auto industry-related companies, First Brands and Tricolor Holdings. Traders also resorted to profit taking after the recent gains in the markets.
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7h 41min ago
Canadian Dollar Slides Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Friday.
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8h 55min ago
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