Archive for Category: News

EURUSD

Euro is at parity; its fate is now with energy markets

EURUSD is trading down 0.44% at 1.0009 The euro’s tumble below $1 for the first time in two decades puts it on course for one of the worst years in its history, especially if the energy price shock triggered by the Ukraine conflict tips the bloc into a prolonged...

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U.S. stock index futures

Recession worries keep futures under pressure

S&P 500is trading down 0.04% at 3835.45 U.S. stock index futures fell on Tuesday as investors fretted about the health of the global economy as central banks around the world move aggressively to tamp down inflation. Traders are awaiting inflation data on Wednesday that is expected to show U.S....

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Dollar Index

Dollar Soars to Two-Decade High; Yen Hit Particularly Hard

DOLLAR INDEX is trading up 0.62% at 107.30 The U.S. dollar surged to a new 20-year high in early European trade Monday, gaining strongly against the Japanese yen in particular, on fears about the global growth outlook ahead of the release later in the week of key U.S. inflation...

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Dow Futures

Dow Futures Down 20 Pts; June Jobs Report in Spotlight 

DOW JONES is trading up 1.12% at 31384.56 U.S. stocks are seen opening marginally lower Friday, with investors cautious ahead of the release of a key monthly jobs report which could guide future Federal Reserve policy. At 07:00 AM ET (1100 GMT), the Dow Futures contract was down 20...

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Canadian dollar

Canadian dollar outlook turns less cheerful as recession fears mount

USD/CADis trading down 0.41% at 1.2980 The Canadian dollar will gain less ground than previously thought over the coming year as the growing risk of a global economic slowdown bolsters demand for safe-haven currencies such as the U.S. dollar, a Reuters poll showed. The median forecast in the poll...

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U.S. stock index futures

Futures edge lower as investors await Fed meeting minutes

S&P 500 is trading up 0.16% at 3831.38 U.S. stock index futures edged lower on Wednesday as investors worried about the possibility of a recession from aggressive policy tightening awaited minutes from the Federal Reserve’s meeting last month. Stock markets have been roiled in recent weeks as central banks...

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Dollar Index

Dollar Edges Lower; RBA Hikes Interest Rate

AUD/USDis trading down 1.12% at 0.6782 The U.S. dollar edged lower in early European trade Tuesday, while the Australian dollar dipped despite the country’s Reserve Bank announcing a half-point rate hike. At 3 AM ET (0700 GMT), the Dollar Index, which tracks the greenback against a basket of six...

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European stock markets

European Stocks Largely Higher; DAX Underperforms After Trade Deficit 

FTSE 100 is trading up 0.65% at 7196.67 European stock markets edged largely higher Monday, starting the new week on a positive note despite the Wall Street holiday limiting activity. By 03:40 AM ET (0740 GMT), the DAX in Germany traded 0.1% lower, while the CAC 40 in France...

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