Forex News

Canadian Dollar Strengthens As Oil Prices Rise

Canadian Dollar Strengthens As Oil Prices Rise

The Canadian dollar climbed against its major counterparts in the European session on Wednesday, as oil prices advanced even as industry data showed U.S. crude oil stockpiles rose in the just-ended week, against expectations for a small drop.
RTTNews | 652 days ago
U.S. Durable Goods Orders Unexpectedly Rebound 0.2% In August

U.S. Durable Goods Orders Unexpectedly Rebound 0.2% In August

After reporting a sharp pullback in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Wednesday unexpectedly showing a modest rebound in durable goods orders in the month of August. The Commerce Department said durable goods orders crept up by 0.2 percent in August after plunging by a revised 5.6 percent in July.
RTTNews | 653 days ago
Eurozone Money Supply Logs Record Fall; Bank Lending Growth Weakens

Eurozone Money Supply Logs Record Fall; Bank Lending Growth Weakens

Eurozone money supply registered its biggest fall on record and bank lending grew at a much slower pace in August amid tightening monetary policy and weak economic activity, data published by the European Central Bank showed on Wednesday. The M3 money supply posted an annual decline of 1.3 percent, following July's 0.4 percent fall. This was the biggest fall on record.
RTTNews | 653 days ago
more news
Bay Street Likely To Open Higher On Firm Oil Prices

Bay Street Likely To Open Higher On Firm Oil Prices

The Canadian market may open higher on Wednesday with energy stocks finding support on firm crude oil prices. The overall mood is likely to remain cautious as investors await more economic data amid persisting worries about inflation and interest rates.
RTTNews | 653 days ago
Thai Central Bank Hikes Rate By 25 Bps

Thai Central Bank Hikes Rate By 25 Bps

Thailand's central bank lifted its key interest rate by another quarter point to the highest level in a decade and hinted that rates are unlikely to be raised again as inflation remains below target. The Monetary Policy Committee of the Bank of Thailand unanimously voted to raise the benchmark rate to 2.50 percent from 2.25 percent.
RTTNews | 653 days ago
German Consumer Confidence Set To Weaken Further

German Consumer Confidence Set To Weaken Further

Germany's consumer confidence is set to erode again in October, as households turned more cautious on spending amid persistently high inflation and little chance of improvement in the economic outlook, resulting in a sharp rise in their saving intentions, results of the monthly survey by the market research group GfK showed Wednesday.
RTTNews | 653 days ago

Stay up to date!

Add News to your browser

Extension Picture