Search Results for: Fed
The dollar seesawed versus the euro and yen in a volatile session
November 7th, 2018
The dollar seesawed versus the euro and yen in a volatile session as traders scanned U.S. midterm election results for early insights into the prospect of Congressional gridlock. The Democratic Party is expected to win control of the U.S. ...
Visa CEO Predicts 100 Million Contactless Cards in a Year
November 6th, 2018
Visa Inc. has been talking up contactless payments lately, though its executives and spokespersons usually dole out percentages rather than hard numbers to describe what is still a minuscule market in terms of card numbers and transaction volume. But ...
Stocks in Asia retreated at the start of the week; Key financial events coming up this week
November 5th, 2018
Stocks in Asia retreated at the start of the week after optimism over a potential U.S.-China trade deal ebbed in recent days. The yuan dropped, drawing little help from Chinese President Xi Jinping’s pledges to ease trade barriers. Shares ...
Dollar holds near 10-week high; Euro lost 1.8 percent this month
October 29th, 2018
The dollar edged higher against a basket of its key rivals on Monday, not far off a 10-week high hit after data showed U.S. economic growth slowed less than expected and as global risk sentiment remained fragile. The U.S. ...
The biggest of big pictures
October 26th, 2018
I have had a request from Mrs Macleod to write down in simple terms what on earth is going on in the world, and why is it that I think gold is so important in this context. She-who-must-be-obeyed ...
U.S. Dollar closes at highest level since 2017
October 26th, 2018
The dollar closed at its highest level in more than a year Thursday, buoyed by investors fleeing from volatile equity markets. The WSJ dollar Index, which measures the U.S. currency against a basket of 16 others, rose 0.1% Thursday ...
Beware: 7 most common online financial scams
October 23rd, 2018
Europol and the European Banking Federation launch awareness campaign on 7 most common online financial scams. Europol’s European Cybercrime Centre (EC3), the European Banking Federation and their partners from the public and private sector are kicking off today the ...
What to watch in European stocks
October 23rd, 2018
Here what investors watch ahead of the market open in Europe: Unprecedented Steps Italy continues to hog attention in European markets, and there’s no reason Tuesday should be any different. After the government continued a staunch defense of its ...
Euro, Sterling try to steady as traders keep wary eye on Italy budget, Brexit
October 22nd, 2018
The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy’s budget plan which drew heavy criticism from the European Union. The dollar was ...
Gold prices rise as global stocks drop
October 19th, 2018
Gold has risen overnight as renewed weakness in global stock markets spurred investors to seek refuge in bullion, which has also been helped by an improved technical outlook. Spot gold rose 0.3 per cent to $US1,226.11 per ounce, while ...
