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Forex News
CAC-40 Drops As Inflation Spike Fuels Rate Hike Fears
The CAC-40 traded with losses on Wednesday amidst renewed concerns about inflation and interest rate hikes.
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814 days ago
Europe Car Registrations Surge 28.8% In March: ACEA
European passenger car registrations signaled further strong expansion at the end of the first quarter driven by sharp increases in the four major markets and the ever rising demand for electric cars, monthly data from the Brussels-based European Automobile Manufacturers' Association, or ACEA, showed on Wednesday.
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814 days ago
DAX Drops As Bets Of A Dovish Fed Dim
The DAX benchmark of the Frankfurt bourse moved lower on Wednesday as renewed fears of Fed's tightening dampened sentiment.
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814 days ago
Pound Rises On Higher-Than-Expected UK Inflation Report
The British pound strengthened against other major currencies in the European session on Wednesday, after data showed U.K. consumer prices rose more than anticipated in March.
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814 days ago
Asian Stocks Mixed As Fed Back In Focus
Asian markets mostly moved lower as renewed worries about the Fed's actions drained the euphoria that followed upbeat economic data from China.
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814 days ago
UK Inflation Exceeds Expectations
UK consumer prices increased more than expected in March to remain stubbornly high on rising food prices and strengthened the call for a quarter point interest rate hike at the next Bank of England policy meeting in May. Consumer prices logged an annual increase of 10.1 percent, which was slower than the 10.4 percent in February, the Office for National Statistics reported Wednesday.
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814 days ago
Indian Rupee Falls To 8-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar on Wednesday, as regional shares fell on concerns about further interest rate hikes by the U.S. Federal Reserve.
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814 days ago
more news
ASML Q1 Results Surge, Bookings Down; Backs FY23 View; Stock Dips
Dutch semiconductor equipment maker ASML Holding N.V. reported Wednesday significantly higher profit in its first quarter mainly driven by strong net sales with increased sales of lithography systems. Further, the company lifted dividend, and said it sees sequentially higher net sales in the second quarter. ASML also maintained its fiscal 2023 sales growth view. In the early morning trading...
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814 days ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the early European session on Wednesday.
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814 days ago
Pound Rises After CPI, PPI And Retail Prices
At 2:00 am ET Wednesday, the Office for National Statistics issued U.K. consumer, producer and retail price indices for March.
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814 days ago
European Markets Seen Opening Weak
Markets in Europe are expected to open weak on Wednesday amidst a renewed focus on the Fed ahead of release of key data later in the week.
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814 days ago
FDA Authorizes Changes To Simplify Use Of Moderna, Pfizer Bivalent COVID-19 Vaccines
The U.S. Food and Drug Administration said it has amended the emergency use authorizations or EUAs of COVID-19 bivalent mRNA vaccines of ModernaTX Inc. and Pfizer-BioNTech to simplify the vaccination schedule for most individuals. With the changes, the current bivalent vaccines, for original and omicron BA.4/BA.5 strains, can be used for all doses administered to individuals 6 months of age and...
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814 days ago
Pound Mixed Ahead Of U.K. CPI, PPI And Retail Prices
At 2:00 am ET Wednesday, the Office for National Statistics is slated to issue U.K. consumer, producer and retail price indices for March. Inflation is forecast to slow to 9.8 percent from 10.4 percent in February. Output price inflation is seen at 8.6 percent versus 12.1 percent in the previous month.
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814 days ago
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