Forex News

Antipodean Currencies Advance As Asian Shares Traded Higher, Yen Slides

Antipodean Currencies Advance As Asian Shares Traded Higher, Yen Slides

Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as Asian stock markets traded higher amid China's Golden week holiday. Traders are indulging in bargain hunting as they picked up stocks at reduced levels following recent weakness even as concerns remain about interest rates and the outlook for global economic growth.
RTTNews | 651 days ago
European Economic News Preview: Eurozone Inflation Data Due

European Economic News Preview: Eurozone Inflation Data Due

Flash inflation from the euro area and unemployment from Germany are the top economic data due on Friday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue revised UK GDP data for the second quarter. The statistical office is set to confirm 0.2 percent sequential growth.
RTTNews | 651 days ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | 652 days ago
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Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Mirroring the broadly positive cues from global markets overnight, Asian stock markets are mostly higher in thin trades on Friday amid China's Golden week holiday. Traders are indulging in bargain hunting as they picked up stocks at reduced levels following recent weakness even as concerns remain about interest rates and the outlook for global economic growth.
RTTNews | 652 days ago
Sensex, Nifty May Rise As Yields Ease

Sensex, Nifty May Rise As Yields Ease

Indian shares may open higher on Friday, though IT stocks may trade weak after Accenture forecast first-quarter revenue below Wall Street targets.
RTTNews | 652 days ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

Adding to the losses in the previous session, the Japanese stock market is modestly lower on Friday, despite the broadly positive cues from global markets overnight. The benchmark Nikkei 225 is staying above the 31,800 level, as traders reacted to some mixed domestic data, with weakness in exporters and financial stocks, partially offset by gains in technology stocks.
RTTNews | 652 days ago

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