Forex News
TSX Ends Modestly Lower, Drops Nearly 1.5% In Week
The Canadian market ended on a weak note on Friday, extending losses to a fifth straight session, on concerns about the outlook for economic growth, and on uncertainty about the outcome of the upcoming U.S. presidential election.
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1 day ago
Dollar Rises Against Major Counterparts
After staying quite subdued during the Asian and European sessions, and early on in the New York session, the U.S. dollar climbed higher on Friday amid bets the Federal Reserve will be less aggressive with regard to interest rate cuts, and on speculation former President Donald Trump coming to power for a second term.
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1 day ago
Gold Futures Settle Modestly Higher For The Session, Gain 1% In Week
Gold futures settled higher on Friday despite a slightly stronger dollar, as rising predictions of a Trump presidency as well as geopolitical tensions in the Middle East pushed up demand for the safe-haven yellow metal.
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1 day ago
Swiss Market Ends Slightly Higher
The Switzerland market ended slightly up on Friday after a choppy session as investors largely refrained from making significant moves due to a lack of triggers.
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1 day ago
Major European Markets Close Slightly Lower
European stocks closed slightly lower on Friday with investors largely reacting to quarterly earnings results, and assessing the outlook for growth in the wake of recent economic data.
Persisting worries about tensions in the Middle East and uncertainty about the outcome of the upcoming U.S. presidential election weighed a bit on stocks.
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1 day ago
Canadian Dollar Weakens In Cautious Trade
The Canadian dollar declined against its major counterparts in the New York session on Friday, as investors became cautious ahead of the U.S presidential election, jobs data and key tech earnings.
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2 days ago
Canadian Market Modestly Lower In Lackluster Trade
Canadian stocks are turning in a mixed performance on Friday with investors digesting a slew of Canadian earnings updates from the U.S. and Canada, as well as the latest batch of economic releases.
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2 days ago
more news
U.S. Consumer Sentiment Unexpectedly Improves To Six-Month High In October
Consumer sentiment in the U.S. unexpectedly improved in the month of October, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for October was upwardly revised to 70.5 from a preliminary reading of 68.9. Economists had expected the index to be upwardly revised slightly to 69.0.
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2 days ago
U.S. Durable Goods Orders Fall More Than Expected As Aircraft Demand Slumps
Reflecting a continued slump by orders for transportation equipment, the Commerce Department released a report on Friday showing new orders for U.S. manufactured durable goods fell by more than expected in the month of September. The Commerce Department said durable goods orders slid by 0.8 percent in September, matching a revised decrease in August.
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2 days ago
European Stocks Turning In Mixed Performance In Cautious Trade
European stocks are turning in a mixed performance Friday afternoon with investors largely reacting to corporate earnings updates, the latest batch of regional economic data.
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2 days ago
Sensex, Nifty Close Weak For 5th Straight Day
Indian shares ended weak on Friday, drifting down for the fifth consecutive session, as mostly disappointing quarterly results, persisting tensions in the Middle East, and anxiety over the impending U.S. election rendered the mood cautious and prevented investors from engaging in any significant buying.
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2 days ago
Bay Street Likely To Open On Mixed Note
Canadian shares are seen opening on a mixed note Friday morning with investors likely to react to a slew of economic data, and tracking global markets.
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2 days ago
U.S. Durable Goods Orders Fall More Than Expected In September
Reflecting a continued slump by orders for transportation equipment, the Commerce Department released a report on Friday showing new orders for U.S. manufactured durable goods fell by more than expected in the month of September.
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2 days ago
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