Mexican Peso At Over 8-Year High Against U.S. Dollar
(RTTNews) - The Mexican Peso climbed against the U.S. dollar in the New York session on Wednesday.
The Mexican Peso touched 16.57 against the greenback, its highest level since December 2015. The currency is likely to locate resistance around the 13.00 level.
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Additional Support Anticipated For South Korea Shares
The South Korea stock market on Wednesday ended the three-day losing streak in which it had eased almost 10 points or 0.4 percent. The KOSPI now rests just beneath the 2,550-point plateau and it may open to the upside again on Thursday.
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5h 15min ago
TSX Ends Marginally Up, Extends Winning Streak To 7th Session
The Canadian market closed higher on Wednesday, extending its winning streak to a seventh straight session, lifted by gains in technology and industrials sectors.
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5h 19min ago
South Korea GDP Data Due On Thursday
South Korea will on Thursday release preliminary Q4 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.2 percent on quarter and 1.4 percent on year after adding 0.1 percent on quarter and 1.5 percent on year in Q3.
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5h 45min ago
Dollar Rises Against Major Counterparts
The U.S. dollar recovered from early weakness and scored gains over some of its major counterparts on Wednesday as traders continued to assess the outlook for interest rates, and the possible impact of President Donald Trump's potential tariffs plans on international trade.
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6h 6min ago
U.S. Stocks Close Higher Again; Nasdaq Rises 1.3 P.c.
U.S. stocks closed on a firm note on Wednesday as investors reacted positively to some upbeat earnings updates and corporate news, and on continued optimism about a few interest rate cuts by the Federal Reserve this year.
Worries about tariff threats lingered but investors largely shrugged off concerns and kept picking up stocks.
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6h 31min ago
TSX Modestly Higher, Set For Another Positive Close
The Canadian market looks set to end on a positive note on Wednesday thanks to strong gains in industrials and technology sectors.
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8h 4min ago
U.S. Stocks Headed For Another Positive Close; Nasdaq Outperforms
U.S. stocks are turning in a fine performance on Wednesday, with those from the technology sector outperforming on some upbeat earnings updates and corporate news.
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8h 27min ago
Swiss Market Ends Moderately Higher
The Switzerland market closed on a firm note on Wednesday with several stocks turning in a fine performance amid optimism about further monetary easing by central banks. Worries about tariffs lingered as U.S. President Donald Trump reiterated the threat to impose tariffs and taxes on other countries.
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9h 25min ago
