Market Overview - Page 456

President Donald Trump on Friday said he doesn’t think he needs to strike a trade deal with China before the 2020 presidential election. “No, I don’t think I need it before the election,” Trump told CNBC’s Eamon Javers during a.

During September, the British pound is struggling to get out of the pit where it fell on the fear of no-deal Brexit. This decline sent GBPUSD in August and early September to levels that had not been consistently achieved since.

Seven months after electric truck start-up Rivian announced that it had raised $700 million in an investment round led by Amazon, the online retail giant has placed a massive order with the Michigan-based EV firm as part of its new.

Market overview FX: The dollar index fell to 97.9 on Friday morning after falling 0.2% on Thursday. EURUSD remains at 1.1050. SGD, TRY, GBP are among the leaders of the growth in USD since the beginning of the day. NZDUSD.

U.S. Vice President Mike Pence on Thursday struck an unyielding tone on America’s position in its trade war with China. “The era of economic surrender is over,” Pence told CNBC’s Joe Kernen at the CNBC Institutional Investor’s Delivering Alpha Conference..

The British pound jumped on Thursday after European Commission President Jean-Claude Juncker said he is confident a Brexit deal will get passed before the deadline. “I think we can have a deal,” Juncker said in an interview with Sky News..

Ethereum network participants are attempting to raise the network’s block size as a direct response to network congestion. As various parties including co-founder Vitalik Buterin confirmed this week, testing is currently underway to improve network performance and reduce transaction fees..

Policymakers around the world have upped the pressure on libra, the digital currency being introduced by Facebook, amid concerns it could heavily disrupt the global financial system. On Tuesday, European Central Bank board member Benoit Coeure warned that virtual currencies.

As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages. It’s been a rough week in the overnight funding market, where interest rates temporarily spiked to as high as.

Questions have abounded all week as to how Saudi Arabia, the planet’s third-highest defense spender and steward of the world’s largest oil facility, allowed itself to fall victim to a drone and missile attack that wiped out half of its.

The Federal Reserve cut the key rate by a quarter of a percentage point to 1.75%-2.00%. In the press conference, Powell noted the “favourable” economic forecast, explaining that this easing step was to “provide insurance against ongoing risks”. Strictly speaking,.

Market overview FX: The dollar index now stands at 98.0, returned more than half of the 0.4% gain after the Fed’s comments. EURUSD remains at 1.1050; AUD and CNH continue to weaken; JPY is adding to the dollar. Currency market.