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U.S. Dollar Falls Amid Fed Rate Cut Bets, U.S. Recession Fears
The U.S. dollar weakened against other major currencies in the European session on Wednesday, amid speculation that the U.S. Federal Reserve may need to speed up rate cuts and also on fears of a potential U.S. recession.
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57天前
CAC 40 Down More Than 3% As Mood Turns Bearish Again
French stocks are deep down in negative territory on Tuesday as recessions fears have intensified following U.S. President Donald Trump's tariffs, including a 20% levy on European Union imports becoming effective today.
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57天前
Sensex, Nifty Follow Global Peers Lower
Indian shares followed global peers lower on Wednesday as higher U.S. tariffs on 60 countries which President Donald Trump deems the "worst offenders" have come into effect.
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57天前
DAX Remains Deep Down In Negative Territory After Sharp Plunge
A day after snapping a four-session losing streak, German stocks are down in the red again, with investors pressing sales on Wednesday, reacting to the rollout of sweeping U.S. tariffs, that include a 20% levy on EU imports.
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57天前
European Shares Slump As Trade Worries Escalate
European shares traded sharply lower on Wednesday as U.S. President Donald Trump pushed ahead with higher duties on roughly 60 trading partners that he dubbed the "worst offenders."
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57天前
Asian Shares Resume Downtrend As US Tariffs Take Effect
Asian stocks resumed losses on Wednesday as U.S. President Donald Trump pressed ahead with sweeping new global tariffs, including over 100 percent in levies against Chinese goods.
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57天前
Indian Rupee Falls To 3-week Low As RBI Cuts Repo Rate By 25 Bps
The Indian rupee weakened against the U.S. dollar in the European session on Wednesday, after the Reserve Bank of India reduced its key policy rates for the second straight meeting and also changed its monetary policy stance to accommodative.
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57天前
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Yen Rises Amid Risk-off Mood, BoJ Rate Hike Bets
The safe-haven yen strengthened against other major currencies in the Asian session on Wednesday amid increased risk-off mood by the investors, as the latest set of U.S. tariffs, including a massive 104 percent levy on Chinese imports, take effect today, leaving investors worried about the impact on inflation, interest rates and global growth. Additionally, the traders expect the Bank of Japan to raise its interest rate in 2025.
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57天前
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday.
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57天前
Commodity Currencies Slide Amid Risk-off Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday, as Asian stock markets traded lower with steep losses in Japan, Singapore and Taiwan as traders remain concerned about rising tensions between the U.S. and China amid the new reciprocal tariffs on imports into the U.S. The steeper-than-expected tariffs ignited fears over an economic recession globally.
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57天前
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Wednesday.
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57天前
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
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57天前
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews
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57天前
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