Euro Rises Against Majors

RTTNews | 337 days ago
Euro Rises Against Majors

(RTTNews) - The euro strengthened against other major currencies in the European session on Wednesday.

The euro rose to a 6-day high of 1.1646 against the U.S. dollar, from an early low of 1.1602.

Against the pound, the Swiss franc and the yen, the euro advanced to 0.8721, 0.9311 and 176.22 from early lows of 0.8696, 0.9294 and 175.45, respectively.

If the euro extends its uptrend, it is likely to find resistance around 1.18 against the greenback, 0.88 against the pound, 0.94 against the franc and 178.00 against the yen.

read more
U.S. Dollar Rises After Fed Rate Hike

U.S. Dollar Rises After Fed Rate Hike

The U.S. dollar strengthened against other major currencies in the Asian session on Thursday, after the U.S. Federal Reserve delivered its first interest-rate hike since July 2023, and suggested rates may need to go still higher to get inflation under control.
RTTNews | 3h 26min ago
Eurozone Industrial Production Shrinks For Second Month

Eurozone Industrial Production Shrinks For Second Month

Eurozone industrial production declined for the second straight month in July, reflecting a weak start to the third quarter, official data revealed Wednesday. Industrial output edged down 0.1 percent in July, after falling at the same pace in June, Eurostat reported. Production was expected to decline 0.2 percent.
RTTNews | 1 day ago
Pound Slides Despite U.K. CPI Rise

Pound Slides Despite U.K. CPI Rise

The British pound weakened against other major currencies in the European session on Wednesday, despite the release of the United Kingdom (UK) Consumer Price Index (CPI) report of August.
RTTNews | 1 day ago
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Wednesday.
RTTNews | 1 day ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews | 1 day ago
German ZEW Economic Sentiment Improves Moderately

German ZEW Economic Sentiment Improves Moderately

German economic confidence improved moderately in September as experts were cautiously optimistic about economic recovery, survey results from the Mannheim-based Centre for European Economic Research, or ZEW, showed Tuesday. The ZEW indicator of economic sentiment rose less-than-expected to 34.7 in September from 34.2 in the previous month. The reading was seen at 39.8.
RTTNews | 2 days ago
U.S. Dollar Rises Amid Fed Rate Hike Signals

U.S. Dollar Rises Amid Fed Rate Hike Signals

The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as the Federal Reserve (Fed) is making aggressive rate-hike bets for Wednesday's decision, following higher U.S. inflation figures.
RTTNews | 3 days ago