By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The safe-haven yen and Swiss franc advanced in choppy trading on Thursday, while the U.S. dollar slumped, as jittery investors turned increasingly risk-averse amid a continued selloff on Wall Street that has been hammered by an escalating trade war initiated by the United States. Investors are now worried about…
(We’ve rebranded Morning Bid Asia as Trading Day to offer you more in-depth analysis and commentary on global markets. I’ll help you make sense of the key trends moving markets just as the U.S trading day is ending and Asia’s morning is getting started.) ORLANDO, Florida, March 5 (Reuters) – Making sense of the forces…
(Updates for market activity and analyst quote in paragraph 3) Canadian dollar weakens 0.5% against the greenback Touches a one-month low at 1.4541 Price of oil settles nearly 2% lower 2-year yield falls 8 basis points TORONTO, March 3 (Reuters) – The Canadian dollar weakened to a one-month low against its U.S. counterpart on Monday…
SYDNEY, Feb 21 (Reuters) – The Australian and New Zealand dollars hovered near two-month highs on Friday as worries about a global trade war abated a little, while Australia’s central bank sounded a hawkish tone on future rate cuts. Having eased for the first time in four years this week, the Reserve Bank of Australia…
NEW YORK (Reuters) -The U.S. dollar edged higher against some of its peers including the yen and euro on Thursday as markets weighed fresh tariff threats, slower-than-expected U.S. economic growth, and an interest rate cut by the European Central Bank. President Donald Trump on Thursday said the United States will put a 25% tariff on…
Canadian dollar weakens 0.2% against the greenback For the week, the loonie gains 0.2% Price of U.S. oil settles 3.6% higher 10-year yield touches a seven-week high TORONTO, – The Canadian dollar weakened against its U.S. counterpart on Friday as the greenback notched broad-based gains, but the loonie still notched a modest weekly advance as…
Sterling slides to 14-month low Investors brace for Trump tariff plans Fed officials signal rate cut caution (Updates to afternoon U.S. trading) NEW YORK, Jan 9 (Reuters) – The U.S. dollar strengthened for a third straight session on Thursday as Treasury yields dipped but held at elevated levels on concerns over tariffs under the incoming…
