Forex News
French Private Sector Downturn Deepens
France's private sector registered a deeper contraction in February as the drag from the service sector intensified, survey results from S&P Global revealed Friday. The HCOB flash composite output index dropped unexpectedly to 44.5 in February from 47.6 in January. The score signaled the steepest fall since September 2023. The reading was seen at 48.0.
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5h 7min ago
Pound Climbs Against Majors
The British pound strengthened against other major currencies in the European session on Friday.
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5h 21min ago
DAX Down Marginally In Cautious Trade
German stocks are moving in a narrow range in somewhat lackluster trade Friday morning with investors continuing to track earnings updates, and digesting German and Eurozone PMI data.
The focus is also on Germany's upcoming elections on Sunday.
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5h 49min ago
European Shares Mostly Higher With Flash PMI Readings In Focus
European stocks were slightly higher on Friday, with earnings and flash PMI readings in focus.
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6h 11min ago
Asian Shares Mixed; China, Hong Kong Stocks Surge On AI Optimism
Asian stocks ended mixed on Friday as tariff worries offset investor optimism over China's artificial intelligence potential.
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6h 41min ago
UK Retail Sales Growth At 8-Month High
UK retail sales expanded at the fastest pace in eight months in January due to the rebound in food store sales volume, the Office for National Statistics said Friday.
Retail sales volume increased 1.7 percent in January from December. The monthly growth confounded a revised fall of 0.6 percent in December.
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6h 46min ago
Japan Core Inflation At 19-Month High Raises Chances Of Rate Hike
Japan's core inflation accelerated to a 19-month high in January, bolstering the chances of another interest rate hike by the Bank of Japan. Core inflation that excludes fresh food rose more-than-expected to 3.2 percent from 3.0 percent in December, the Ministry of Internal Affairs and Communications said Friday. This was the fastest since June 2023 and was slightly above forecast of 3.1 percent.
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7h 21min ago
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NZ Dollar Rises Amid Risk-on Mood
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday amid risk appetite, as traders seemed cautious and await clarity on U.S. President Donald Trump's trade policies and the outcome of Ukraine peace talks.
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7h 26min ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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7h 53min ago
Yen Falls After Japan Finance Minister Kato Comments
The Japanese yen weakened against other major currencies in the Asian session on Friday, after Japan's Finance Minister, Katsunobu Kato, said that increased long-term rates may put pressure on Japan's fiscal condition.
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8h 19min ago
European Economic News Preview: Eurozone Flash PMI Data Due
Flash composite Purchasing Managers' survey results from the euro area and the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finance data. Economists forecast retail sales to grow 0.4 percent on month in January, in contrast to the 0.3 percent fall in December.
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8h 19min ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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9h 15min ago
European Shares To Open Lower Ahead Of German Elections
European stocks are seen opening lower on Friday as investors look forward to Sunday's federal elections in Germany.
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9h 27min ago
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