Forex News

Chinese Yuan Falls On Trump Tariff Threats

The Chinese yuan weakened against the U.S. dollar in the European session on Tuesday, amid concerns about possible tariffs on Chinese imports by U.S. President-Elect Donald Trump.
RTTNews | 238 days ago
Pounds Falls On Weak U.K. Employment Data

Pounds Falls On Weak U.K. Employment Data

The British pound weakened against other major currencies in the European session on Tuesday, after the U.K. unemployment rate rose more than expected in the third quarter and wage growth softened, adding pressure on the Bank of England to cut interest rates further.
RTTNews | 238 days ago
Pounds Falls Against Majors

Pounds Falls Against Majors

The British pound weakened against other major currencies in the European session on Tuesday.
RTTNews | 238 days ago
UK Jobless Rate Rises; Wage Growth Slows

UK Jobless Rate Rises; Wage Growth Slows

The UK unemployment rate rose more than expected in the third quarter and wage growth softened, adding pressure on the Bank of England to cut interest rates further. The unemployment rate rose to 4.3 percent in the September quarter from 4.0 percent in three months to August period, the Office for National Statistics reported Tuesday. The rate was seen at 4.1 percent.
RTTNews | 238 days ago
European Shares Decline On Worries About Trump's Policy On Key Issues

European Shares Decline On Worries About Trump's Policy On Key Issues

European stocks traded lower on Tuesday after reports emerged that U.S. President-elect Donald Trump will appoint Michael Waltz as his national security adviser and Marco Rubio as secretary of state, indicating hardline positions on China, Iran and Venezuela.
RTTNews | 238 days ago
Asian Shares Retreat On China Worries

Asian Shares Retreat On China Worries

Asian stocks slipped into the red on Tuesday, with Chinese and Hong Kong markets leading losses, as investors await U.S. President-elect Trump's stance on the economy, immigration, foreign policy and more.
RTTNews | 238 days ago
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Australia NAB Business Confidence Strengthens; Conditions Remain Stable

Australia NAB Business Confidence Strengthens; Conditions Remain Stable

Australia's business confidence strengthened notably in October on improvements across all industries except construction and retail, survey data from NAB showed on Tuesday. The business confidence index rose to +5 from -2 in September. At the same time, the business conditions index was unchanged at 7 in October. Trading conditions edged up one point to +13, while profitability was flat at 5.
RTTNews | 238 days ago
European Shares Likely To Open On Tepid Note

European Shares Likely To Open On Tepid Note

European stocks may open on a sluggish note Tuesday as investors fret about China's economic recovery and wait for policy hints from the Trump administration.
RTTNews | 238 days ago
European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment data from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK labor market data. The jobless rate is forecast to edge up to 4.1 percent in the three months to September from 4.0 percent in the preceding period.
RTTNews | 238 days ago
Australian Dollar Falls On U.S. Trump Tariff Threats

Australian Dollar Falls On U.S. Trump Tariff Threats

The Australian dollar weakened against other major currencies in the Asian session on Tuesday, amid concerns about possible tariffs on Chinese imports by U.S. President-Elect Donald Trump.
RTTNews | 238 days ago

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