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.
RTTNews | 2h 25min ago
FTSE 100 Down 1.4%; Bank Stocks Fall On U.S. Lenders' Credit Woes

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.
RTTNews | 3h 46min ago
Pound Falls Amid BoE Rate Cut Speculation

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.
RTTNews | 4h 25min ago
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 4h 49min ago
DAX Down Over 2% As Credit Markets Worries Hurt Sentiment

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.
RTTNews | 5h 15min ago
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Yen Rises Amid Risk-off Mood

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.
RTTNews | 5h 18min ago
Asian Shares Retreat On US Bank Concerns

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.
RTTNews | 6h 25min ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the European session on Friday.
RTTNews | 6h 50min ago
Commodity Currency's Slide Amid Escalating US-China Trade Tensions

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.
RTTNews | 7h 41min ago

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