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Dollar struggles as U.S. yields soften; Bitcoin soars By Reuters

Dollar struggles as U.S. yields soften; Bitcoin soars By Reuters

2021-02-09
By: Staff Writer

  © Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar was firmly pinned at a one-week low on Tuesday as an overnight slide in U.S. Treasury yields raised doubts on the outlook for the greenbackRead More →

Dollar stands tall despite strong Chinese data; euro struggles By Reuters

2021-01-18
By: Staff Writer

  © Reuters. FILE PHOTO: A U.S. Dollar banknote By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar held firm at a four-week high against its rivals on Monday as an undercurrent of risk aversion swept through currency markets in the backdrop of weak U.S. economic data, knocking the AustralianRead More →

Dollar Struggles for Direction as Powell Talks Up Support, Stimulus By Investing.com

2020-10-06
By: Staff Writer

  © Reuters. By Yasin Ebrahim Investing.com – The dollar was flat Tuesday as Federal Reserve chairman Jerome Powell reiterated the central bank was in no hurry to stop supporting the economy and warned a slower recovery would keep rates lower for longer. The , which measures the greenback’s strength against aRead More →

EUR/USD struggled to find its way above 1.1800 ahead of the data release.

2020-09-08
By: Staff Writer

  EUR/USD traded directionless above the 1.18 handle on Tuesday. Next up will be EMU’s flash Q2 GDP data and employment changes. After the holiday on Monday, the US markets will resume normal activity. The single currency trades cautiously and holds. EUR/USD. It was above the 1.18 level at theRead More →

EUR/USD struggles to mainting the bid in the wake of rising US yields

2020-08-13
By: Staff Writer

  EUR/USD bears waiting to pounce with bearish H&S in the making. USD volatility seeking a convincing break to the upside as US yields firm and FX intrinsic values are finally measured. EUR/USD is currently trading at 1.1817 and between a 1.1777 and 1.1864 range while recently pulling back fromRead More →

Dow Struggles for Direction as Traders Weigh Mixed Data, Reopening Progress By Investing.com

2020-06-04
By: Staff Writer

© Reuters. By Yasin Ebrahim  Investing.com – The Dow swung between gains and losses on Thursday, as hopes the labor market had turned corner were thrown into doubt following mixed economic data. But that did little to cool reopening optimism as cyclical stocks held firm. The fell 0.26%, or 67Read More →

German DAX struggles to hold onto record territory as European investors fret over China virus fears

2020-01-22
By: Staff Writer

German stocks had a slippery hold on record territory Wednesday, as equities across Europe struggled to make gains amid lingering concerns over the spread of China’s coronavirus. The German DAX 30 index DAX, -0.01%  pushed into record territory earlier in the day, rising to a high of 13,640.06, before turningRead More →

Wall Street Struggles as Trade Worries Rise Again By Investing.com

2019-10-14
By: Staff Writer

© Reuters. Investing.com – Stocks pulled back slightly Monday after concerns emerged that the U.S.-China trade deal announced Friday might not be as solid as first thought. President Donald Trump announced a “very substantial phase one” agreement, but nothing was in writing yet. Bloomberg News reported Monday there are stillRead More →

Hong Kong metro partially reopens, city struggles after violent weekend By Reuters

2019-10-06
By: Staff Writer

© Reuters. An anti-government protester throws a rock to the entrance of a metro station, in Hong Kong HONG KONG (Reuters) – Hong Kong struggled to recover on Monday, with the metro only partially functioning and infrastructure extensively damaged, after scores of protesters were arrested in violent clashes overnight thatRead More →

Fed’s struggles with funding in banking system highlights fragility of Wall Street confidence

2019-09-21
By: Staff Writer

When corners of the financial markets that are typically considered mundane draw outsize attention on Wall Street, it is always cause for investor concern. That was the case last week when surging overnight borrowing costs laid bare cracks in a key Wall Street funding mechanism, which left many scrambling forRead More →

Wall Street struggles for direction as bond yields slide By Reuters

2019-08-15
By: Staff Writer

© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York By Stephen Culp NEW YORK (Reuters) – Wall Street seesawed from red to black and back on Thursday as recessionary fears and simmering U.S.-China trade tensions offset upbeat retail sales data. All threeRead More →

Mylan stock boost follows long share struggles for company, generics industry By Reuters

2019-07-29
By: Staff Writer

© Reuters. Mylan stock boost follows long share struggles for company, generics industry By Lewis Krauskopf NEW YORK (Reuters) – Shares of Mylan NV (O:) surged on Monday after the generic drugmaker agreed to combine with Pfizer Inc’s (N:) off-patent branded drugs business. But in the bigger picture, the surgeRead More →

As migrants languish in border facilities, Congress struggles to finalize emergency aid By Reuters

2019-06-26
By: Staff Writer

© Reuters. Children who have been incarcerated by Homeland Security are housed in tents in Homestead By Susan Cornwell and Imani Moise WASHINGTON/NEW YORK (Reuters) – Congress and the White House were attempting to broker a deal over how to spend emergency aid to address the migrant surge as lawmakers,Read More →

Dow climbs, powered by Goldman, Boeing stocks but broader market struggles for traction higher

2019-06-24
By: Staff Writer

Dow flirting with its closing record as shares of Boeing and Goldman rise Trump plans new sanctions on Iran Casino operator Caesars Entertainment agrees to $8.6 billion buyout by Eldorado Stock benchmarks on Monday attempted to gain altitude, extending last week’s sharp gains, as investors look ahead to a meetingRead More →

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