Forex News

Dollar Drops As U.S. Job Growth Moderates

The U.S. dollar fell against its major counterparts in the European session on Friday, as a moderation in the pace of U.S. job growth and a spike in the unemployment rate in August helped ease inflation worries and trimmed expectations of a 75 basis point hike from the Federal Reserve at its meeting later this month.
RTTNews | 862 days ago
U.S. Factory Orders Unexpectedly Show Sharp Pullback In July

U.S. Factory Orders Unexpectedly Show Sharp Pullback In July

A report released by the Commerce Department on Friday unexpectedly showed a sharp pullback in new orders for U.S. manufactured goods in the month of July. The Commerce Department said factory orders slumped by 1.0 percent in July after surging by a revised 1.8 percent in June.
RTTNews | 862 days ago
U.S. Employment Climbs By 315,000 Jobs In August, Roughly In Line Estimates

U.S. Employment Climbs By 315,000 Jobs In August, Roughly In Line Estimates

Employment in the U.S. increased roughly in line with economist estimates in the month of August, according to a closely watched report released by the Labor Department on Friday. The report showed non-farm payroll employment rose by 315,000 jobs in August after surging by a revised 526,000 jobs in July.
RTTNews | 862 days ago
Eurozone Producer Price Inflation At New Record High

Eurozone Producer Price Inflation At New Record High

Eurozone producer price inflation accelerated unexpectedly to a fresh record high in July on soaring energy prices, data released by Eurostat showed on Friday, adding pressure on the European Central Bank to act forcefully against runaway inflation when policymakers meet next week.
RTTNews | 862 days ago
Bay Street Seen Opening On Firm Note

Bay Street Seen Opening On Firm Note

Canadian shares likely to open on a firm note on Friday, tracking positive cues from European markets and higher commodity prices.
RTTNews | 862 days ago
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Australian, New Zealand Dollars Climb Amid Risk Appetite

Australian, New Zealand Dollars Climb Amid Risk Appetite

The Australian and New Zealand dollars advanced against their major counterparts in the European session on Friday, ahead of a key U.S. jobs report that may help determine the size of the upcoming Federal Reserve rate hike.
RTTNews | 862 days ago
Indian Shares End Choppy Session Little Changed

Indian Shares End Choppy Session Little Changed

Indian shares fluctuated before ending little changed on Friday, as investors awaited the release of all-important U.S. jobs data for August later in the day for clues on the size of the Federal Reserve's next interest-rate hike.
RTTNews | 862 days ago
FTSE 100 Gains As Oil Prices Rebound

FTSE 100 Gains As Oil Prices Rebound

U.K. stocks rebounded on Friday, with banks and energy stock leading the surge ahead of key U.S. jobs data due later in the day.
RTTNews | 862 days ago
CAC 40 Gains As Cyclicals Rebound

CAC 40 Gains As Cyclicals Rebound

French stocks rose notably on Friday despite mounting concerns over Europe's energy crisis and slowing growth momentum in the global economy.
RTTNews | 862 days ago

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