Tag: dollar
Asian stocks extend global rally as dollar languishes
MSCI’s broadest index of stocks in the Asia-Pacific region excluding Japan rose 1.1% in early Asian exchanges, led by a 1.5% jump in resource-rich Australia, a 1.1% gain in South…
Stocks continue to rally, dollar down
by Laetitia Volga PARIS (Reuters) – Wall Street is expected to open higher on Monday, European stocks rose mid-session while the dollar is down on the prospect of monetary tightening…
Gold Holds Steady as Dollar Falls Balance Fears of Higher Interest Rates
Spot gold was flat at $1,711.00 an ounce at 0248 GMT. US gold futures fell 0.1% to $1,708.80. The dollar eased for a fourth straight session, although it remained at…
J&J Lowers Full-Year Profit Forecast on Dollar Strength
July 19 (Reuters) – Johnson & Johnson (J&J) lowered its full-year adjusted profit forecast on Tuesday as the rising dollar weighed on its quarterly sales outside the United States. The…
Gold remains muted due to US dollar strength and yields.
FUNDAMENTALS * Spot gold was down 0.2% at $1,706.25 an ounce by 0103 GMT. US gold futures were down 0.3% at $1,705.30. * The dollar rose 0.1% against its rivals,…
Dollar stalls below two-decade high as markets question Fed path
Bets for massive easing increased last week after data showed that US inflation, already at its highest level in four decades, continued to accelerate in June. But some Federal Reserve…
Novartis feels the firm dollar, Sandoz will probably be split off
The strengthening of the dollar is a burden for the drug manufacturer Novartis. The loss of the stake in Roche has had a negative impact on the group result. The…
MARKET UPDATES-Equity gains continue, dollar down – 07/18/2022 at 13:58
* Hausse en vue à Wall Street * En Europe, l’indice Stoxx 600 gagne 1,39%, le CAC 40 1,52% * La “modération” attendue de la Fed rassure, la BCE au…
Stocks continue to rise, dollar down – 07/18/2022 at 14:04
STOCK GROWTH CONTINUES, DOLLAR DOWN by Laetitia Volga PARIS (Reuters) – Wall Street is expected to open higher on Monday, European stocks rose mid-session while the dollar is down on…
Dollar Remains Below All-Time Highs as Euro Gasps
The greenback has soared this year thanks to a combination of rising US interest rates and faltering economies in Europe and China. It surpassed parity with the euro for the…
1 euro = 1 dollar: the euro-dollar parity and its consequences
1 euro = 1 dollar The euro-dollar parity and its consequences 07/16/2022, 3:30 p.m The euro was worth just one dollar this week for the first time in 20 years.…
Parity to dollar shows fear of gas stop
The euro fell below par with the dollar this week. This reflects the fear of a Russian gas supply freeze, but also the massive problems in the euro zone. Observers…