Dollar Rises Against Major Counterparts

RTTNews | 231 dni temu
Dollar Rises Against Major Counterparts

(RTTNews) - The U.S. dollar recovered from early weakness and scored gains over some of its major counterparts on Wednesday as traders continued to assess the outlook for interest rates, and the possible impact of President Donald Trump's potential tariffs plans on international trade.

The dollar index, which dropped to 107.75 in the European session, climbed to 108.26 later on in the day, gaining nearly 0.2%.

Against the Euro, the dollar firmed to 1.0412 from 1.0430. Against Pound Sterling, the dollar strengthened to 1.2316, gaining from 1.2355.

The dollar climbed higher against the Japanese currency to 156.54 yen a unit, up from Tuesday's closing value of 155.51 yen. Against the Aussie, the dollar gained marginally at 0.6273.

The dollar is up marginally against Swiss franc at CHF 0.9066. Against the Loonie, the dollar strengthened to C$ 1.4380, gaining nearly 0.4%.

read more
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a brief spell in positive territory early on in the session on Wednesday, the Switzerland market turned a bit easy and moved along the flat line till around mid afternoon before losing ground to eventually close on a negative note.
RTTNews | 3g 32 minut temu
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Wednesday as investors digested data showing a modest drop in U.S. producer prices in the month of August, and continued to assess the developments on the trade front. Some of the major markets started off on a firm note, but failed to sustain at higher levels.
RTTNews | 4g 2 minut temu
U.S. Wholesale Inventories Inch Up 0.1% In July, Slightly Less Than Expected

U.S. Wholesale Inventories Inch Up 0.1% In July, Slightly Less Than Expected

Wholesale inventories in the U.S. increased slightly less than expected in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories crept up by 0.1 percent in July after rising by an upwardly revised 0.2 percent in June.
RTTNews | 7g 15 minut temu
U.S. Producer Prices Unexpectedly Edge Slightly Lower In August

U.S. Producer Prices Unexpectedly Edge Slightly Lower In August

Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by U.S. producer prices in month of August. The Labor Department said its producer price index for final demand edged down by 0.1 percent in August after climbing by a downwardly revised 0.7 percent in July.
RTTNews | 7g 37 minut temu
U.S. Producer Prices Unexpectedly Edge Down 0.1% In August

U.S. Producer Prices Unexpectedly Edge Down 0.1% In August

Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by producer prices in the U.S. in the month of August.
RTTNews | 8g 56 minut temu
Bay Street Seen Opening Higher

Bay Street Seen Opening Higher

Canadian stocks are likely to open higher on Wednesday, tracking firm oil and metal prices. The mood may change a bit cautious at higher levels with investors looking ahead to the crucial U.S. inflation data, due later in the week.
RTTNews | 9g 5 minut temu
Major European Markets In Positive Territory In Cautious Trade

Major European Markets In Positive Territory In Cautious Trade

The major European markets are up in positive territory on Wednesday with investors picking up stocks amid continued optimism about a sharp rate cut by the Federal Reserve following recent weak labor market data. Easing concerns on the trade front also contribute to the positive sentiment in the markets.
RTTNews | 9g 39 minut temu