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U.S. Dollar Gives Back Ground Following Recent Strength
After trending higher over the past several sessions, the value of the U.S. dollar has given back some ground during trading on Monday.
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Swiss Stock Market Extends Winning Streak
The Swiss stock market ticked higher on Monday, halting the two-day losing streak in which it had fallen almost 120 points or 1.1 percent.
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European Markets Rebound On Monday
The major European stock markets spent most of Monday's trading session in the green, staging a recovery from uncertainty and heavy selling last week.
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U.S. Dollar Drops Amid Weak Durable Goods Orders Data
The U.S. dollar fell against its major counterparts in the European session on Monday, after a data showed that the nation's durable goods orders declined more than expected in January.
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U.S. Pending Home Sales Soar Much More Than Expected In January
The National Association of Realtors released a report on Monday showing pending home sales in the U.S. spiked by much more than expected in the month of January. NAR said its pending home sales index soared by 8.1 percent to 82.5 in January after jumping by 1.1 percent to a downwardly revised 76.3 in December.
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FOMC Minutes, PCE Data Drive Dollar Ahead
Currency market movements in the week spanning February 20-24 were determined to a great extent by anxiety ahead of the release of the minutes of the previous FOMC.
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BGC Partners Guides Q4 Revenues Above Estimates - Update
While reporting financial results for the fourth quarter on Monday, BGC Partners, Inc. (BGCP), a global brokerage and financial technology company, said it expects revenues for the first quarter in a range of $515 million to $565 million.
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more news
U.S. Durable Goods Orders Plunge In January Amid Sharp Pullback In Aircraft Demand
New orders for U.S. manufactured durable goods pulled back sharply in the month of January, according to a report released by the Commerce Department on Monday. The report said durable goods orders plunged by 4.5 percent in January after surging by a downwardly revised 5.1 percent in December.
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TD Bank Reaches $1.205 Bln Settlement Related To Litigation Involving The Stanford Financial Group
TD Bank Group (TD, TD.TO) announced Monday that it has agreed to a settlement in principle relating to litigation involving the Stanford Financial Group.
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Itron Guides Q1 FY23 Adj. EPS Below Estimates - Update
While reporting financial results for the fourth quarter on Monday, Itron, Inc. (ITRI) initiated adjusted earnings and revenue guidance for the first quarter and full-year 2023.
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Leidos Promotes Thomas Bell To Succeed Roger Krone As CEO
Technology company Leidos (LDOS) announced Monday the appointment of Thomas Bell as Chief Executive Officer, expected to be effective May 3, 2023.
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U.S. Durable Goods Orders Plunge 4.5% In January
New orders for U.S. manufactured durable goods pulled back sharply in the month of January, according to a report released by the Commerce Department on Monday.
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Improvement In Eurozone Economic Confidence Halts
After rising for three straight months, Eurozone economic sentiment fell marginally as the weakness in industry and services were partially offset by the increasing confidence in retail and among consumers, survey results from the European Commission showed on Monday. The economic confidence index unexpectedly dropped to 99.7 from 99.8 in January. The reading was forecast to improve to 101.
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