The dollar hovered below the previous session's one-year highs on Thursday on growing expectations the U.S. Federal Reserve will tighten policy in coming months, while Asian shares were headed for their worst quarter since the pandemic hit. Resolving "tension" between…
Continue ReadingSTOXX 600 up 1% Most sectors in the black, tech recovers Royal Mail hit by downgrade U.S. stock futures rise European shares are off to a positive start this morning with the STOXX 600 .STOXX up around 1% in a…
Continue ReadingThe EUR/USD currency pair has dropped 0.2% to a low of 1.1808. There isn't much else going on in the market right now as we count down to the announcement of US non-farm payrolls at 1230 GMT. The euro is…
Continue ReadingThe New Zealand dollar rises on the back of a strong employment report. The New Zealand dollar gained ground throughout the session, owing to a significant decline in the unemployment rate revealed in the most recent employment data (see bullets…
Continue ReadingEuropean FX news roundup: The RBA's August policy decision was featured towards the tail end of Asia Pacific trade, and the central bank shocked by sticking to its tapering plan despite concerns over the spread of the virus…
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