Forex News
TSX Ends On Buoyant Note On Positive Global Cues
The Canadian stock market ended on a buoyant note on Friday, rebounding strongly after suffering its worst setbacks in three months a day earlier.
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2 days ago
Dollar Drifts Lower Against Major Rivals
The U.S. dollar drifted down against major counterparts on Friday as investors scaled back expectations on the Fed rate hikes amid indications of a slowdown in economic growth.
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2 days ago
U.S. Stocks Move Sharply Higher, Snapping Three-Week Losing Streak
Stocks moved sharply higher during trading on Friday, extending the strong upward move seen going into the close of trading on Thursday. The major averages all showed substantial upward moves over the course of the session.
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2 days ago
Canadian Market Up Sharply On All-round Buying, Set To End On Upbeat Note
The Canadian market is high up in positive territory Friday afternoon with stocks across the board scoring impressive gains on sustained buying interest.
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2 days ago
Swiss Market Ends On Buoyant Note As Stocks Rally On Positive Global Cues
The Switzerland stock market ended on a high note on Friday, tracking positive global cues.
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2 days ago
European Markets Close On Strong Note Amid Slightly Easing Worries Over Inflation
Despite a batch of weak economic data, European stocks had their best session in more than three months on Friday as investors went on a buying spree, grabbing several battered down stocks, amid slightly easing worries about inflation.
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2 days ago
Australian, NZ Dollars Advance As Inflation Worries Recede
The Australian and NZ dollars climbed against their major counterparts in the European session on Friday, as a drop in commodity prices helped ease fears about inflation.
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2 days ago
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U.S. Consumer Sentiment Slumps Slightly More Than Initially Estimated In June
Consumer sentiment in the U.S. tumbled by slightly more than initially estimated in the month of June, revised data from the University of Michigan revealed on Friday. The report showed the consumer sentiment index for June was downwardly revised to 50.0 from the preliminary reading of 50.2.
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2 days ago
U.S. New Home Sales Unexpectedly Show Significant Rebound In May
New home sales in the U.S. unexpectedly showed a significant rebound in the month of May, according to a report released by the Commerce Department on Friday. The report showed new home sales surged 10.7 percent to an annual rate of 696,000 in May after plunging 12.0 percent to an upwardly revised rate of 629,000 in April.
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2 days ago
MTD Products Recalls Walk-Behind Self-Propelled Lawn Mowers
MTD Products Inc. is recalling 1,774 units of walk-behind self-propelled lawn mowers for potential risk of fire hazard, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. The company said the lawn mower can leak fuel when it is stored in the upright (vertical) storage position to pose a fire hazard.
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2 days ago
Zendesk To Be Taken Private By Investors Led By Hellman & Friedman, Permira In $10.2 Bln Deal
Zendesk, Inc. (ZEN) announced Friday it has entered into a definitive agreement to be acquired by an investor group led by leading global investment firms Permira and Hellman & Friedman LLC in an all-cash transaction that values Zendesk at approximately $10.2 billion.
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2 days ago
Bay Street Set To Open On Firm Note
Canadian shares are headed for a firm start Friday morning, tracking higher crude oil prices and positive global cues.
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2 days ago
German Ifo Business Sentiment Deteriorates In June
Germany's business sentiment worsened more than expected in June as the war in Ukraine, high inflation and supply chain disruptions triggered fears of recession, survey results from the ifo Institute showed on Friday. After rising for two months, the business confidence index dropped to 92.3 in June from 93.0 in the previous month.
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2 days ago
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