forex news today time|Page 62 | EBC Financial Group

Yen weakens past 140 as US debt talks loom large

2023-05-29

Wall Street's main indexes rose and European shares logged their largest one-day gain in two months on Friday as talks on raising the U.S. debt ceiling progressed.

Oil slumps as Russia downplays additional output cuts

2023-05-26

Progress on U.S. debt ceiling talks bolstered global equities and sent gold prices to a two-month low on Thursday. Treasury yields were up and the U.S. dollar climbed to its highest level since mid-March.

Oil rises even as optimism recedes

2023-05-24

Global equities retreated and benchmark U.S. Treasury yields eased off two-month highs on Tuesday as talks over the U.S. debt ceiling continued without resolution.

Dollar skids as debt talks stall

2023-05-22

U.S. stocks ended lower and the dollar lost ground on Friday as negotiations to raise the U.S. debt ceiling were put on hold. Oil prices fell on renewed fuel demand.

Strong U.S. data boosts dollar

2023-05-19

U.S. stocks rallied and the dollar reached a seven-week peak on Thursday as strong economic data calmed recession fears and dampened hopes the Federal Reserve would cut interest rates before year-end.

Oil settles up 2% on more positive signs

2023-05-18

Wall Street rallied to a higher close on Wednesday and the dollar touched a six-week high as regional banks surged and negotiations in Washington over raising the debt ceiling progressed.

U.S. dollar benefits from risk aversion

2023-05-17

U.S. stocks closed lower on Tuesday and benchmark Treasury yields extended their rise as mixed economic data, weak corporate results and ongoing debt ceiling negotiations in Washington dampened investor risk appetite.

Oil falls 2% over energy demand concerns

2023-05-12

The dollar set a more than one-week high as traders sought safety after a series of economic data prompted a reassessment of their outlook for global monetary policy.

Markets muted over U.S. debt ceiling impasse

2023-05-10

U.S. stock indexes closed lower on Tuesday as investors grew more cautious ahead of CPI report and a meeting to discuss the U.S. debt ceiling.

Investors optimistic ahead of inflation data

2023-05-09

A gauge of global equity markets rose and the dollar was mostly flat on Monday as expected talks in Washington about the debt ceiling raised concerns, while U.S. inflation data later this week should add clarity on Federal Reserve monetary policy.

Strong job report powers oil rebound

2023-05-08

The dollar was trading flat on Friday after jobs gains and wage growth for April beat economists’ forecasts but showed downward jobs revisions for March.

Dollar rallies before job data

2023-05-05

Wall Street ended lower on Thursday after PacWest's move to explore strategic options deepened fears about the health of U.S. lenders and hit shares of banks.

Investors fret about economy as Fed signals potential pause

2023-05-04

The Fed raised interest rates by 25bp and signalled a pause in further increases to assess the fallout from recent bank failures, wait on the resolution of a political standoff over the U.S. debt ceiling.

Oil retreats on dollar strength

2023-05-04

The dollar gained with Treasury yields as investors digested Friday’s data and waited for the Fed’s decision due on Wednesday as well as key upcoming economic data.

Wall Street rallied even as US economy struggles

2023-04-28

The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first quarter is viewed as not likely to deter the Federal Reserve from raising interest rates next week.