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EC proposes to make cross-border euro payments cheaper The European Commission has proposed last week to make cross-border payments in euro cheaper across the entire EU and also plans to make currency exchange more transparent. Portfolio asked Valdis Dombrovskis, Vice-President responsible for Financial Stability, Financial Services and Capital ...
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Euro zone yields dip as trade worries resurface; US jobs data in focus LONDON (Reuters) - Euro zone government bond yields dipped as a trade dispute between the U.S. and China flared up again, and they may fall further if U.S. jobs data due later on Friday fall short of expectations. Government bonds in major developed economies, considered a safe investment in ...
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EUR/USD Weekly Technical Outlook: Euro Set Up to Rally Next Week For a longer-term fundamental and technical outlook on EUR/USD, check out the recently released DailyFX Quarterly Forecast. The range in the euro since January has had good levels to operate off of at times, but you've had to be nimble and let go of trades as opposing levels quickly arrived. Looking ...
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Yen | ||||||
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Dollar slips vs yen after Trump threatens more tariffs on China Trump said in a statement on Thursday that further tariffs were being considered "in light of China's unfair retaliation" against earlier U.S. trade actions that have roiled global markets. That gave a boost to the yen, a safe haven currency that attracts demand in times of economic uncertainty and vice versa.
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Global stocks slip on Trump's new trade salvo, traders await US jobs report Against the yen, which as a safe haven currency tends to be among the most sensitive to global economic uncertainty, the dollar fell marginally. So far this week the dollar is up almost 1 percent versus the Japanese currency, and on Thursday it hit its highest since late February, despite the growing ...
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Monex announces 3.6 bil. yen acquisition of troubled Coincheck Japanese online brokerage Monex Group Inc. said Friday it has agreed to purchase all outstanding shares in troubled cryptocurrency exchange Coincheck Inc. for 3.6 billion yen ($33.6 million). The move would give Coincheck the financial backing necessary to rebuild after losing 58 billion yen of ...
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Dow Jones,Nasdaq,Oil, | ||||||
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Oil, stocks slide on Trump's new trade salvo ... Microsoft, Amazon.com and JPMorgan - the same as on the benchmark S&P 500 index. On Wall Street, the Dow Jones Industrial Average closed down 572.46 points, or 2.34 percent, to 23,932.76. The S&P 500 lost 58.37 points, or 2.19 percent, to 2,604.47 and the Nasdaq Composite dropped 161.44 ...
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US stocks lower at close of trade; Dow Jones Industrial Average down 2.34% The top performers on the S&P 500 were Patterson Companies Inc (NASDAQ:PDCO) which rose 2.19% to 22.85, Ventas Inc (NYSE:VTR) which was ... Elsewhere in commodities trading, Crude oil for delivery in May fell 2.57% or 1.63 to hit $61.91 a barrel, while the June Brent oil contract fell 1.95% or ...
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