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Forex News
European Shares Drift Lower On Interest-rate Concerns
European stocks were deep in the red on Thursday, the dollar hit a 6-1/2 month high and Eurozone bond yields reached multi-month highs after the U.S. Federal Reserve signaled policy would remain restrictive for longer to curb stubborn inflation.
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685 days ago
FTSE 100 Edges Lower As Commodity Stocks Drag; BoE Decision Awaited
U.K. stocks declined on Thursday as metal and crude prices weakened on a stronger dollar amid uncertainty about the Fed's rate trajectory.
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685 days ago
CAC 40 Declines On US Rate Hike Worries
French stocks fell in cautious trade on Thursday ahead of policy announcements from a slew of central banks later in the day.
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685 days ago
DAX Slides Ahead Of Central Bank Announcements
German stocks fell on Thursday as investors reacted to the Fed's hawkish stance on interest rates and awaited rate decisions from the Swiss National Bank, Riksbank, Norges Bank and Bank of England.
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685 days ago
Asian Shares Follow Wall Street Lower On Rate Hike Worries
Asian stocks tumbled on Thursday after the U.S. Federal Reserve warned that interest rates will stay higher for longer to combat stubborn inflation.
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685 days ago
Antipodean Currencies Slide After Fed Rate Decision, Risk Averion
Currencies of Australia and New Zealand weakened against their major counterparts in the Asian session on Thursday, as investor sentiment fell amid renewed concerns about the outlook for interest rates after the U.S. Fed signaled on keeping interest rates at an elevated level through 2024 after one more rate hike this year, despite the decision to hold interest rates steady this month.
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685 days ago
Toshiba To Go Private As JIP-led Consortium's Tender Offer Succeeds
Japanese conglomerate Toshiba Corp. announced that a consortium led by private equity firm Japan Industrial Partners or JIP has bought majority of its shares. The company will now be taken private following the successful completion of around 2 trillion yen or $13.5 billion tender offer. In a statement, Toshiba said that in the tender offer by TBJH Inc. for the company's shares, the consortium ..
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686 days ago
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Yen Advances Against Most Majors
The Japanese yen strengthened against most major currencies in the Asian session on Thursday.
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686 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday.
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686 days ago
European Shares Set To Drift Lower Ahead Of BoE Rate Decision
European stocks are seen opening lower on Thursday as investors fret about inflation and interest rates staying for longer.
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686 days ago
European Economic News Preview: BoE & SNB To Raise Key Rates
The Bank of England and the Swiss National Bank are widely expected to make a final quarter-point rate hike after the US Federal Reserve decided to keep the benchmark rate unchanged on Wednesday. The Bank of England is set to end its tightening cycle with a final quarter point rate hike on Thursday as inflation slowed to an 18-month low in August.
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686 days ago
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
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686 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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686 days ago
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