Category: steady
-
Oil prices hold steady as concerns over hurricane damage ease By Reuters
•
By Colleen Howe and Trixie Yap (Reuters) – Oil prices were little changed on Tuesday after a hurricane that hit a major U.S. oil production hub in Texas caused less damage than markets had expected, easing concerns about supply disruptions. Brent crude futures rose four cents to $85.79 a barrel…
-
Asia FX muted as dollar weakens; euro steady as leftists lead French elections By Investing.com
•
Most Asian currencies were little moved on Monday, with the dollar suffering sharp losses amid growing expectations of interest rate cuts, while the Japanese yen held firm on data showing a recovery in average wages. Elsewhere, European stocks steadied after French election results showed a left-wing coalition won the most…
-
European markets lower after BOE holds interest rates steady
•
Da-kook/E+ via Getty Images London (United Kingdom) -0.30% UK retail sales rose 2.9% in May Germany (DAX:IND) -0.35% Manufacturing and service activities in Germany declined in June France (CAC:IND) -0.34% Preliminary France PMI readings show manufacturing and services activity declined in June; France’s manufacturing climate index reached 99 in June…
-
Sterling steady ahead of BoE decision; dollar wobbles against yen By Reuters
•
By Ray Wee SINGAPORE (Reuters) – The pound was broadly flat on Thursday ahead of the Bank of England’s interest rate decision later in the day, while the dollar fell as new market catalysts awaited. Currencies were trading in tight ranges after a holiday in the United States, with investors…
-
Stocks bask in Nvidia glow, dollar steady By Reuters
•
Written by Amanda Cooper LONDON (Reuters) – Global stocks hit record highs on Wednesday, driven by a rally in technology stocks that made artificial intelligence chipmaker Nvidia (NASDAQ:) the most valuable company in the world, while the dollar stumbled as weak U.S. retail sales data showed that they may decline.…
-
Dollar steady, sterling gains after UK inflation data By Investing.com
•
Investing.com – The US dollar steadied on Wednesday after overnight losses, while the British pound rose after UK inflation returned to the Bank of England’s target for the first time in nearly three years. At 04:25 EDT (08:25 GMT), the dollar index, which tracks the US currency against a basket…
-
BOJ Kept Rates Steady As Expected But Delayed Planning For The Reduction Of Bond Purchases To July
•
As expected, the Bank of Japan (BOJ) refrained from making monetary policy changes in June after raising interest rates in March. In a unanimous vote, the target range for key short-term interest rates remained at 0.0%-0.10%. Link to the Bank of Japan’s June statement What markets did not expect was…
-
US stock futures steady after AI rally; Fed rate decision, CPI on tap By Investing.com
•
Investing.com — U.S. stock index futures were flat in afternoon trade Tuesday after an artificial intelligence-fueled rally put Wall Street at new highs, with focus turning to the Federal Reserve and upcoming inflation data. The hype around AI remained a major support point for the markets after Apple Inc (NASDAQ:)…
-
Dollar flat ahead of key payrolls report; euro steady after ECB cut By Investing.com
•
Investing.com – The US dollar traded largely unchanged in early European trade on Friday, as traders awaited the release of key US employment data, while the euro stabilized after a historic interest rate cut by the European Central Bank. At 05:00 EST (09:00 GMT), the dollar index, which tracks the…
-
Steady euro takes ECB rate cut in stride By Reuters
•
Written by Alden Bentley, Alun John and Ray Wee NEW YORK/LONDON/SINGAPORE (Reuters) – The euro fluctuated in a narrow range on Thursday after the European Central Bank cut interest rates from record high levels after months of anticipation, rising and then falling briefly with the results of the European Central…
-
Asia FX steady as dollar drops amid rate cut speculation; Indian rupee surges By Investing.com
•
Investing.com — Asian currencies were mostly flat on Monday, reversing some recent losses against the dollar after embedded inflation data raised expectations for interest rate cuts and sparked sharp declines in the US currency. The Indian rupee was a standout performer among its peers, rising sharply after exit polls for…
-
Asia FX weakens as China PMIs disappoint; Dollar steady before PCE data By Investing.com
•
Investing.com — Most Asian currencies fell on Friday, with China’s yuan heading back towards six-month lows after disappointing business activity readings, while the dollar steadied in anticipation of key inflation data. Regional currencies also remained under pressure amid lingering concerns about US interest rates rising for longer, as hawkish comments…
-
Dollar steady ahead of inflation data, yen hits 4-week low By Reuters
•
Written by Ankur Banerjee SINGAPORE (Reuters) – The dollar received support on Wednesday thanks to growing expectations that the Federal Reserve (U.S. central bank) is unlikely to cut interest rates until later this year ahead of crucial inflation readings this week, while the yen drifted to its weakest levels in…
-
Dollar holds steady as markets eye U.S. inflation test later in the week By Investing.com
•
Investing.com – European and Asian currencies were mostly lower on Monday, while the dollar settled in weak trading, as markets await more signals on US interest rates from key inflation data later in the week. Market holidays in the US and UK kept trading volumes limited. Most regional currencies suffered…
-
Sterling holds steady amid UK election announcement By Investing.com
•
Investing.com – On Tuesday, UK Prime Minister Rishi Sunak surprised political observers by announcing that the UK general election would be held on July 4, a deviation from the widely expected fall schedule. Despite this unexpected development, the British pound saw little impact, with two-month implied volatility showing a modest…
-
Sterling holds steady amid UK election announcement By Investing.com
•
Investing.com – On Tuesday, UK Prime Minister Rishi Sunak surprised political observers by announcing that the UK general election would be held on July 4, a deviation from the widely expected fall schedule. Despite this unexpected development, the British pound saw little impact, with two-month implied volatility showing a modest…
-
Photronics posts steady Q2 sales despite challenges By Investing.com
•
Photronics , Inc. (NASDAQ:), a global leader in photomask manufacturing, reported a modest increase in second-quarter sales to $217 million, overcoming temporary market softness and an earthquake in Taiwan. The company experienced a slight disruption, with a $3 million reduction in sales attributed to the earthquake’s impact on production. However,…
-
Dollar steady; Fed speakers could provide impetus By Investing.com
•
Investing.com – The US dollar traded in a narrow range on Tuesday, holding steady as traders looked for new clues about the expected timing and extent of federal interest rate cuts this year. At 04:30 EDT (08:30 GMT), the dollar index, which tracks the greenback against a basket of six…
-
Dollar steady ahead of Fed minutes, sterling gains on CPI release By Investing.com
•
Investing.com – The US dollar traded calmly on Wednesday ahead of the release of minutes from the Federal Reserve’s latest meeting, while the British pound rose as inflation fell less than expected in April. At 04:55 ET (08:55 GMT), the dollar index, which tracks the greenback against a basket of…
-
Asia FX muted, dollar steady ahead of more Fed cues; yen stays fragile By Investing.com
•
Investing.com — Most Asian currencies fell slightly on Monday, while the dollar held steady as traders awaited more signals on interest rates from the Federal Reserve this week. The Japanese yen remained fragile after reversing a large portion of its gains made as a result of potential currency market intervention…