Forex News
Canadian Dollar Lower On Fed Fears
The Canadian dollar declined against its most major rivals in the European session on Tuesday, as European stocks fell amid growing expectations for the likelihood of a 75 basis point rate hike at the Federal Reserve's policy meeting on Wednesday.
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903 days ago
BoJ Undertakes Additional Bond Purchases To Defend Yield Cap
The Bank of Japan conducted additional bond purchases on Tuesday as the policy tightening stance by major central banks put pressure on the 0.25 percent yield cap on Japanese government bonds. "The Bank will make changes in the auction schedule and amounts of outright purchases of JGBs as needed, taking account of market conditions," the BoJ said in a statement.
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903 days ago
Dollar Slightly Down After U.S. PPI
Following the release of U.S. producer prices for May at 8:30 am ET Tuesday, the greenback fell slightly against its major counterparts.
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904 days ago
Dollar Recovers Ahead Of U.S. PPI
U.S. producer prices for May are due at 8:30 am ET Tuesday. Ahead of the data, the greenback rebounded against its major counterparts.
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904 days ago
Neptune Wellness Appoints Raymond Silcock As New CFO
Health and wellness company Neptune Wellness Solutions Inc. (NEPT, NEPT.TO) announced Tuesday the appointment of Raymond Silcock as Chief Financial Officer, effective July 25, 2022.
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904 days ago
Stealth Granted Pre-NDA Meeting For Elamipretide To Treat Barth Syndrome
Biotechnology company Stealth BioTherapeutics Corp (MITO) announced Tuesday its plan to meet with the U.S. Food & Drug Administration (FDA) Division of Cardiology and Nephrology (DCN) to discuss new clinical data that may inform a potential new drug application (NDA) submission for the treatment of Barth Syndrome.
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904 days ago
Euro Showing Strength Against Most Majors
The euro was higher against its most major counterparts in the European session on Tuesday, as a pullback in U.S. treasury yields helped lift sentiment.
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904 days ago
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Sensex, Nifty End Choppy Session Modestly Lower
Indian shares ended a choppy session lower on Tuesday, adding to steep losses posted in the previous session.
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904 days ago
German ZEW Economic Confidence Rises In June
Germany's economic confidence improved in June but remained negative as the economy faces uncertainties posed by the war in Ukraine and the tightening of monetary policy, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment climbed to a four-month high of minus 28.0 points in June from -34.3 in May.
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904 days ago
European Shares Reverse Early Gains In Cautious Trade
European stocks gave up early gains to edge lower on Tuesday as investors await this week's Fed and BoE meetings.
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904 days ago
FTSE 100 Edges Lower Ahead Of Central Bank Meetings
U.K. stocks were slightly lower on Tuesday as investors await this week's Fed and BoE meetings.
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904 days ago
CAC Gives Up Early Gains
French stocks gave up early gains to slip into the red on Tuesday as investors braced for the long-awaited Federal Open Market Committee (FOMC) meeting on Wednesday for directional cues.
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904 days ago
DAX Edges Higher In Cautious Trade
German stocks edged up slightly on Tuesday, as investors snapped up bargains following a bruising selloff the previous day on concerns about high inflation and aggressive policy tightening by central banks.
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904 days ago
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