Advertisement
Hungarian Forint Rises Against U.S. Dollar After Hungary Rate Hike
(RTTNews) - The Hungarian forint advanced against the U.S. dollar in the European session on Tuesday, as Hungary's central bank lifted its benchmark rate at a sharper-than-expected pace.
The Monetary Council, led by Governor Gyorgy Matolcsy, hiked the base rate by 125 basis points to 13.00 percent from 11.25 percent.
The overnight deposit rate was increased by 125 basis points to 12.50 percent and both the overnight and one-week collateralised lending rates were raised by 125 basis points to 15.50 percent.
The Hungarian forint edged up to 419.72 against the greenback from Monday's close of 424.75. The Hungarian forint is seen finding resistance around the 404.00 level.
read more
Hungarian Forint Drops Against U.S. Dollar After Rate Cut
The Hungarian forint weakened against the U.S. dollar on Tuesday, as the National Bank of Hungary reduced the base rate by 100 basis points, as expected.
RTTNews
|
435日前
Japanese Market Modestly Lower
The Japanese market is trading modestly lower on Thursday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 36,700 level, with weakness in index heavyweights, exporters and financial stocks partially offset by gains in technology stocks.
RTTNews
|
39分前
Australian Market Slightly Lower
The Australian market is trading slightly lower on Thursday, giving up some of the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,200 level, with weakness in iron ore miners and financial stocks partially offset by gains in gold miners and technology stocks.
RTTNews
|
1時16分前
Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.
The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged, highlighting increased uncertainty about the economic outlook. The Fed said it decided to leave the target for the federal funds rate at 4.25 to 4.50 percent for the third straight meeting.
RTTNews
|
7時55分前
Swiss Franc Rises Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
RTTNews
|
8時41分前
Swiss Market Ends Nearly 1% Down
Swiss stocks opened on a weak note on Wednesday and languished in negative territory right through the day's session as investors stayed cautious ahead of the Federal Reserve and the Bank of England's monetary policy announcements, due later in the day, and on Thursday, respectively.
RTTNews
|
8時52分前
Major European Markets Close On Weak Note After Cautious Session
The major European markets closed weak on Wednesday as investors reacted to earnings announcements, and awaited the monetary policy announcement from the Federal Reserve later in the day. The Bank of England's policy announcement is due on Thursday.
Upbeat economic data from Germany, and optimism surrounding upcoming U.S.-China trade talks helped limit markets' downside.
RTTNews
|
9時7分前
Canadian Stocks Up Firmly In Positive Territory
The Canadian market is up firmly in positive territory a little past noon on Wednesday, lifted by gains in utilities, technology, consumer and financials sectors.
The market undertone is positive amid slightly easing tensions about tariffs ahead of U.S.-China meeting this week, and expectations that the Federal Reserve will hold interest rates unchanged.
RTTNews
|
9時52分前
