Forex News
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Tue, 19 Mar 2019 00:15:05 GMT
Read the latest business and financial news, market news, headlines, earnings, economic news and more on RTTNews
Want to know the latest business news?
Tue, 19 Mar 2019 00:15:05 GMT
Read the latest business and financial news, market news, headlines, earnings, economic news and more on RTTNews
Dollar Exhibits Weakness Again
Mon, 18 Mar 2019 20:39:06 GMT
The U.S. dollar exhibited weakness against most major currencies on Monday, extending losses from previous session, amid speculation the Federal Reserve will sound dovish this week after concluding its monetary policy meeting on Wednesday.
U.S. Homebuilder Confidence Holds Steady In March
Mon, 18 Mar 2019 14:27:26 GMT
Homebuilder confidence in the U.S. has held steady in the month of March, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index came in at 62 in March, unchanged from February.
Dow posts 4-day winning streak, but gains capped as Boeing slides
Mon, 18 Mar 2019 07:47:00 GMT
Stocks rose on Monday as Amazon and Apple outperformed, but gains were kept in check amid pressure from Boeing and Facebook, while investors braced themselves for a busy week highlighted by a key Federal Reserve meeting.
Dollar Slips Again Against Most Major Rivals
Fri, 15 Mar 2019 20:19:25 GMT
After rebounding from four successive days of declines and exhibiting strength on Thursday, the U.S. dollar turned weak against most major currencies on Friday, as traders reacted to a mixed batch of economic data.
U.S. Consumer Sentiment Jumps More Than Expected In March
Fri, 15 Mar 2019 14:33:50 GMT
Preliminary data released by the University of Michigan on Friday showed a significant improvement in U.S. consumer sentiment in the month of March. The report said the consumer sentiment index jumped to 97.8 in March from the final February reading of 93.8.
U.S. Industrial Production Inches Up Much Less Than Expected In February
Fri, 15 Mar 2019 13:30:35 GMT
A report released by the Federal Reserve on Friday showed industrial production in the U.S. rose by much less than expected in the month of February. The Fed said industrial production inched up by 0.1 percent in February after falling by a revised 0.4 percent in January.
New York Manufacturing Index Unexpectedly Indicates Slower Growth
Fri, 15 Mar 2019 13:05:56 GMT
Growth in New York manufacturing activity unexpectedly slowed in the month of March, according to a report released by the Federal Reserve Bank of New York on Friday. The New York Fed said its headline general business conditions index fell to 3.7 in March.
Bank Of Japan Keeps Monetary Stimulus Unchanged
Fri, 15 Mar 2019 05:52:58 GMT
The Bank of Japan held its monetary policy steady on Friday and predicted that the economy is likely to continue its moderate expansion despite slowing overseas growth hurting exports and production. The policy board of the BoJ voted 7-2 to purchase government bonds so that the yield of 10-year JGBs will remain at around zero percent.
Dollar Rebounds After Recent Losses
Thu, 14 Mar 2019 20:32:32 GMT
After four successive days of declines, the U.S. dollar rebounded on Thursday amid reports about a likely delay in U.S.-China trade agreement and the British Pound's retreat from a multi-month high it had recorded a day earlier.
U.S. New Home Sales Pull Back Much More Than Expected In January
Thu, 14 Mar 2019 14:12:37 GMT
After reporting a notable rebound in new home sales over the two previous months, the Commerce Department released a report on Thursday showing a substantial pullback in U.S. new home sales in the month of January.
U.S. Import And Export Prices Climb More Than Expected In February
Thu, 14 Mar 2019 13:22:01 GMT
A report released by the Labor Department on Thursday showed U.S. import and export prices both rose by more than anticipated in the month of February. The Labor Department said import prices climbed by 0.6 percent in February after inching up by a revised 0.1 percent in January.
U.S. Jobless Claims Rise More Than Expected To 229,000
Thu, 14 Mar 2019 13:09:01 GMT
First-time claims for U.S. unemployment benefits increased by more than expected in the week ended March 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 229,000.
China Industrial Production Growth Slowest In Nearly Two Decades
Thu, 14 Mar 2019 08:42:10 GMT
China industrial production grew at the slowest pace in nearly two decades in the first two months of the year, retail sales gains were steady and property investment surged despite a fall in demand, suggesting that the economy is not out of the woods yet. Industrial production rose 5.3 percent year-on-year in the January to February period, the National Bureau of Statistics said Thursday.
Dollar Stays Weak Against Peers
Wed, 13 Mar 2019 20:29:35 GMT
The U.S. dollar stayed weak against most of its peers on Wednesday after the latest batch of inflation data suggested the Fed would stay patient with regard to interest rates.
U.S. Construction Spending Jumps Much More Than Expected In January
Wed, 13 Mar 2019 14:41:28 GMT
Reflecting a spike in spending on public construction, the Commerce Department released a report on Wednesday showing U.S. construction spending jumped much more than expected in the month of January.
U.S. Producer Prices Show Slight Uptick In February
Wed, 13 Mar 2019 13:25:18 GMT
With a rebound in energy prices partly offset by a drop in food prices, the Labor Department released a report on Wednesday showing a modest increase in U.S. producer prices in the month of February.
U.S. Durable Goods Orders Unexpectedly Increase In January
Wed, 13 Mar 2019 13:19:42 GMT
New orders for U.S. durable goods unexpectedly increased in the month of January, according to a report released by the Commerce Department on Wednesday. The report said durable goods orders climbed by 0.4 percent in January after spiking by an upwardly revised 1.3 percent in December.
S&P 500 rises for a third day in a row, hits new high for 2019
Wed, 13 Mar 2019 07:41:00 GMT
Stocks rose on Wednesday, led by solid gains in tech shares, while investors digested the release of solid economic data.
Japan January Core Machine Orders Plunge 5.4%
Wed, 13 Mar 2019 00:45:09 GMT
The total value of core machine orders in Japan dropped a seasonally adjusted 5.4 percent in January, the Cabinet Office said on Wednesday - coming in at 822.3 billion yen.
Dollar Loses Ground Against Most Major Currencies
Tue, 12 Mar 2019 21:00:33 GMT
The U.S. dollar was weak against the Japanese Yen and the Euro on Tuesday, even as it stayed firm against the British Pound.
U.S. Consumer Prices Rise 0.2% In February, In Line With Estimates
Tue, 12 Mar 2019 13:13:11 GMT
After reporting no change in consumer prices over the past few months, the Labor Department released a report on Tuesday showing a modest increase in U.S. consumer prices in the month of February. The report said the consumer price index rose by 0.2 percent.
UK January Growth Beats Forecast, But Pace Remains Weak
Tue, 12 Mar 2019 13:05:51 GMT
The UK economy expanded at a faster-than-expected pace in January, supported by growth in all main sectors such as manufacturing, services and constructions, but the pace of growth was lackluster amid the lingering Brexit uncertainty. Gross domestic product grew 0.5 percent month-on-month in January after a 0.40 percent decline in December, preliminary figures from the Office for National Statis
Dow falls as Boeing shares take another hit
Tue, 12 Mar 2019 07:59:00 GMT
The Dow Jones Industrial Average fell on Tuesday as shares of Boeing posted another sharp decline amid worries over the safety of one of its most popular airplanes.
Dollar Exhibit Mixed Trend Against Major Currencies
Mon, 11 Mar 2019 20:43:19 GMT
The U.S. dollar displayed weakness against some of its peers on Monday, although fairly encouraging retail sales data supported and limited its decline.
U.S. Business Inventories Climb In Line With Estimates In December
Mon, 11 Mar 2019 14:17:08 GMT
Business inventories in the U.S. increased in line with economist estimates in the month of December, according to a report released by the Commerce Department on Monday. The report said business inventories climbed by 0.6 percent in December.
U.S. Retail Sales Unexpectedly Show Modest Rebound In January
Mon, 11 Mar 2019 13:38:37 GMT
A report released by the Commerce Department on Monday showed a modest increase in U.S. retail sales in the month of January. The Commerce Department said retail sales rose by 0.2 percent in January after tumbling by a revised 1.6 percent in December.
German Industrial Production Unexpectedly Declines In January; Exports Flat
Mon, 11 Mar 2019 08:47:27 GMT
Germany's industrial production unexpectedly decreased in January and exports were unchanged, underpinned mainly by demand from outside the European Union, suggesting that the slowdown in the biggest euro area economy continued at the start of the year. Industrial production decreased 0.8 percent month-on-month in January, preliminary data from the Federal Statistical Office showed on Monday.
Dow rallies 200 points as Apple gain offsets big Boeing decline
Mon, 11 Mar 2019 07:41:00 GMT
Stocks rose on Monday as strong gains in tech shares like Apple and Facebook offset a steep decline in Boeing.
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