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Forex News
Dollar Recovers After Early Weakness, Scores Gains Against Some Major Rivals
The U.S. dollar tumbled in the Asian session on Friday, but recovered gradually thereafter and managed to post gains against some of its major counterparts amid optimism about the health of the world's largest economy.
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640 days ago
U.S. Stocks End On Mixed Note; Major Averages Post Sharp Losses For The Quarter
U.S. stocks turned weak after a firm start on Friday, and among the major averages, the Nasdaq managed to settle slightly higher, while the Dow and the S&P 500 ended on a negative note.
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640 days ago
U.S. Stocks Pare Early Gains; Dow Down Nearly 230 Points
U.S. stocks are drifting lower Friday afternoon, paring early gains, with investors turning cautious, weighing the latest batch of economic data and speculating the possible interest-rate path of the Federal Reserve.
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640 days ago
Swiss Market Ends Modestly Higher
The Switzerland stock market closed modestly higher on Friday with several counters witnessing sustained buying interest amid slightly easing concerns about interest rates after recent data suggested the central banks in the U.S. and Europe might hold their policies steady for now.
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640 days ago
European Stocks Close Broadly Higher On Encouraging Economic Data
European stocks closed broadly higher on Friday, but most of the markets in the region still posted sharp losses in the July - September quarter.
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640 days ago
Canadian Market Up Marginally; Technology Stocks Rally
The Canadian market is up slightly in positive territory Friday afternoon, amid hopes the Bank of Canada will hold interest rates unchanged at the next meeting after data showed the nation's gross domestic growth stagnated in the month of July.
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640 days ago
U.S. Dollar Off Lows Against Majors
The U.S. dollar erased its losses against its major counterparts in the New York session on Friday.
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640 days ago
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Pound Rises After Positive U.K. GDP Data
The pound climbed against its major counterparts in the European session on Friday, as the economy registered a stronger than estimated recovery in the first half of the year despite high inflation and tighter monetary policy.
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641 days ago
German Unemployment Rises Less Than Forecast
German unemployment increased less than expected in September despite weak economic activity, official data revealed on Friday. The number of unemployed increased by only 10,000 in September after climbing 20,000 in August, the Federal Labor Agency said Friday. Unemployment was expected to rise 15,000.
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641 days ago
U.S. Personal Income Increases 0.4% In August, In Line With Estimates
Personal income in the U.S. increased in line with economist estimates in the month of August, according to a report released by the Commerce Department on Friday. The report said personal income climbed by 0.4 percent in August after rising by 0.2 percent in July. The advance matched economist estimates.
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641 days ago
Planet Labs Says NASA Extends Blanket Purchase Agreement
Planet Labs PBC (PL) announced Friday that the National Aeronautics and Space Administration (NASA) extended its Blanket Purchase Agreement with Planet under the Commercial SmallSat Data Acquisition (CSDA) Program with multiple orders totaling $18.5 million in funding through 2024.
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641 days ago
German Import Prices Fall Most In Nearly 40 Years
Germany's import prices declined at the fastest pace in almost four decades, mainly due to base effect from the surge in prices in the same month last year due to the war in Ukraine, the statistical office Destatis said Friday.
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641 days ago
Cathay Group Orders 32 A320neo Family Aircraft From Airbus
Hong Kong's Cathay Group announced Friday the purchase of an additional 32 Airbus A320neo Family aircraft as part of its continued investment in expanding and modernizing its fleet.
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641 days ago
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