Wednesday, February 20, 2019

Euro Weakens on Pessimistic Economic Outlook

The euro slipped to a new two-week low against the dollar during the early trading in Europe, with traders expecting more pessimism over the...

RBA Shifts to Neutral Stance on Interest Rates

On Wednesday, Australia’s central bank, RBA, hinted at possible rate cuts. This came in the midst of mounting economic risks and was a notable...

Dollar Firm after Trump’s Speech Showed No Surprises

US President Trump’s State of the Union Address, which tackled trade and budget concerns but otherwise did not surprise listeners, showed no drastic effects...

US Dollar Perks Up, Aussie Recovers from Losses

The US dollar retained its recent gains versus its major peers on Tuesday, backed by a recovery in investor’s risk appetite, which gave an...

Alphabet Stocks down on Worries over Spending

Investors sent Alphabet Inc.’s shares down about 3 percent after hours on Monday after the tech company reported a markedly higher fourth-quarter spending on...

Netcoins App Enables Direct Fiat Purchase of Altcoins

A new crypto-buying portal, Netcoins, is allowing users to buy more than 20 cryptocurrencies and altcoins using fiat directly. Netcoins, which is the Canadian company...

US Charges China’s Huawei of Stealing Trade Secrets

The US Department of Justice has charged Huawei with theft of trade secrets, wire fraud, and obstruction of justice. A 10-count indictment accuses Huawei stole...

Yen Stronger after US Sues China’s Huawei

The yen was stronger against its peers on Tuesday with investors trying to take refuge in safe-haven assets after the US Justice Department charged...

Asian Stocks Edge Up on Wall Street Strength

Asian stocks inched up in subdued trade on Thursday after Wall Street ended higher, but political uncertainty in the United States and concerns about...

Dollar Struggling over Trade War, Gov’t Shutdown

The dollar was restrained versus its peers on Thursday, limited by concerns over global growth, the US government shutdown, and a yet-unresolved US-China trade...

MUST READ

- Advertisement -

LATEST NEWS