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Forex News
Swiss Franc Recovers Against Majors
The Swiss franc recovered against its major counterparts in the New York session on Friday.
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2 days ago
Euro Advances Against Most Majors
The euro climbed against its most major counterparts in the New York session on Friday.
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2 days ago
Canadian Market Slightly Lower In Cautious Trade
After three successive days of gains, the Canadian market is exhibiting weakness on Friday and looks set to end the day's session on a negative note.
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2 days ago
Swiss Market Ends Modestly Higher
The Swiss market closed modestly higher on Friday after moving in a tight bandwith investors digesting earnings updates and continuing to track the developments on the tariff front.
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2 days ago
European Stocks Close Higher
Despite lingering uncertainty about U.S. government's trade policy, European stocks closed higher on Friday, with German and French markets gaining for a fourth straight session, and the U.K. moving up for the tenth consecutive session, as investors focused on earnings.
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2 days ago
U.S. Consumer Sentiment Deteriorates Modestly Less Than Estimated In April
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated modestly less than previously estimated in the month of April. The University of Michigan said its consumer sentiment index for April was upwardly revised to 52.2 from a preliminary reading of 50.8. Economists had expected the index to be unrevised.
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2 days ago
Russia Holds Key Interest Rate As Expected
The Bank of Russia left its interest rate unchanged as widely expected on Friday, despite high inflationary pressures. The board of directors, governed by Elvira Nabiullina, maintained the key interest rate at a record high 21.00 percent. The Russian central bank has raised the key interest rate by 1,350 basis points since July 2023.
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2 days ago
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UK Retail Sales Rise; Consumer Sentiment Weakens
UK retail sales grew unexpectedly in March as good weather boosted demand for clothing and garden supplies, but U.S. President Donald Trump's tariff threats and concerns of higher inflation dampened consumer sentiment, data showed Friday. Retail sales grew 0.4 percent on a monthly basis, confounding expectations for a decline of 0.3 percent.
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2 days ago
Bay Street May Open On Weak Note
Canadian shares look headed for a weak start on Friday, weighed down by lower crude oil and metal prices. Worries about U.S. - China trade tensions may also weigh on sentiment.
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2 days ago
Colgate-Palmolive Q1 Beats Market; Cuts FY25 Earnings, Organic Sales View On Tariffs
Consumer products major Colgate-Palmolive Co. on Friday reported higher profit above market estimates in its first quarter with organic sales growth amid very difficult market conditions. Net sales, meanwhile declined, though were above the Street. Further, the firm trimmed its earnings and organic sales forecast for fiscal 2025 on tariff uncertainty, but raised net sales view.
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2 days ago
FTSE 100 Up Slightly In Cautious Trade
U.K. stocks are turning in a mixed performance in cautious trade on Friday with investors digesting some earnings updates, and hoping for a de-escalation in U.S. - China trade spat.
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2 days ago
CAC Modestly Higher; Safran Rises Sharply On Strong Results
French stocks are gaining some ground in positive territory on Friday amid optimism about a likely de-escalation in U.S.-China trade dispute, and on data showing an improvement in French manufacturing sentiment in the month of April.
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2 days ago
Yen Falls As European Shares Inch Higher
The Japanese yen weakened against other major currencies in the European session on Friday, as European shares eked out modest gains, with signs of easing Sino-U.S. trade tensions and some upbeat corporate earnings helping underpin investor sentiment.
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2 days ago
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