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Forex News
Tesco Stock Down On Weak Pre-tax Profit In FY25, Cautious Outlook
Shares of Tesco Plc were losing around 6 percent in the morning trading on the London Stoock Exchange after the British retail major reported Thursday lower pre-tax profit in fiscal year 2025 and issued a cautious outlook for fiscal 2026 adjusted operating profit. However, net profit in the year climbed from last year, with growth in revenues, and the firm lifted dividend and announced...
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93 days ago
CAC 40 Up Sharply On Trump's Tariff Pause Announcement
French stocks are high up in positive territory on Thursday with U.S. President Donald Trump's announcement of a 90-day suspension of reciprocal tariffs for most trading partners, excluding China, buoying up sentiment and prompting investors to indulge in hectic buying across the board.
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93 days ago
DAX Up Over 5% Despite Coming Off Early Highs
German stocks are up sharply on Thursday with investors going on a buying spree after U.S. President Donald Trump announced a 90-day suspension of reciprocal tariffs for most U.S. trade partners, except China, to facilitate renewed trade negotiations.
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93 days ago
Swiss Franc Recovers Slightly Against Majors
The Swiss franc recovered slightly against other major currencies in the European session on Thursday.
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93 days ago
European Shares Climb On Trump Tariff Relief
European stocks soared on Thursday after U.S. President Donald Trump announced a 90-day pause for countries hit by higher U.S. tariffs, with the exception of China.
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93 days ago
Asian Shares Rally After Trump's Tariff Pause
Asian stocks rallied the most in more than two years on Thursday as U.S. President Donald Trump paused most of his sweeping reciprocal tariffs for 90 days to allow more time for negotiations, but raised the levies on China to 125 percent, further escalating a high-stakes confrontation between the world's two largest economies.
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94 days ago
Commodity Currencies Rise Amid Risk-on Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk-on mood by the investors, with sharp gains across all markets in the region after U.S. President Donald Trump announced a 90-day pause on new "reciprocal tariffs" on most countries to allow for negotiations. However, Trump excluded China from the pause.
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94 days ago
more news
UK Housing Market Conditions Weaken On Challenging Macroeconomic Factors
The UK housing market conditions weakened in March as demand faded following the end of stamp duty holiday amid rising concerns about economic outlook, survey data showed on Thursday. New buyer demand turned negative and hit the lowest since September 2023, the Residential Market Survey from the Royal Institution of Chartered Surveyors showed on Thursday.
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94 days ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Thursday.
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94 days ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Thursday.
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94 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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94 days ago
China Consumer Prices Fall For Second Month
China consumer prices declined for the second consecutive month in March amid trade tariffs set to increase supply and exacerbate downward pressure on prices. Consumer prices dropped unexpectedly by 0.1 percent on a yearly basis, following the 0.7 percent fall in February, the National Bureau of Statistics reported Thursday. Prices were expected to remain flat in March.
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94 days ago
European Shares Likely To See Relief Rally
European stocks may open on a buoyant note Thursday after U.S. President Donald Trump announced a 90-day pause on tariffs for all countries, except China.
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94 days ago
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