Tag: slumps

Greenback drops, yuan slumps on COVID unrest in China By Reuters

© Reuters. FILE PHOTO: U.S. greenback banknotes are seen on this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) - The greenback fell sharply towards Japan's yen...

Greenback slumps to 2 month low as bets on a 50bps fee hike surge By Investing.com

© Reuters. By Ambar Warrick  Investing.com-- The greenback hovered round two month lows on Friday after falling sharply on knowledge that confirmed U.S. inflation eased greater than anticipated, with Treasury yields additionally down as buyers...

CME Group’s EBS Spot FX’s ADNV Slumps -12% to $67B in October

The average daily notional value (ADNV) of spot forex trading on the Chicago Mercantile Exchange (CME) Group's Electronic Broking Service (EBS) declined by -12% in October. Take Advantage of...

US Dollar Weakens as Consumer Confidence Slumps Amid Heightened Recession Risks

US CONSUMER CONFIDENCE KEY POINTS:U.S. consumer confidence falls to 102.5 in October from 107.8 in September, missing consensus expectations calling for a pullback to 106.5The slump in sentiment is caused by a sharp...

US Composite PMI Slumps as Factory Output Shrinks, Case for Fed Pivot Grows

US PMI KEY POINTS:Flash U.S. Composite output index falls to 47.3 in October from 49.5 in SeptemberServices PMI slumps to 46.6 from 49.3, versus 49.2 expectedManufacturing activity sinks into contractionary territory, sliding to...

Pound Slumps as Bank of England is Forced to Widen Gilt Purchases By Investing.com

© Reuters. By Geoffrey Smith Investing.com -- The dollar was broadly higher in early trading in Europe on Tuesday as the pound weakened amid fresh signs of trouble in the U.K. government bond market. The...
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