Tag: slumps

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...

Asia FX Slumps as Fed Vice Chair Signals More Rate Pain By Investing.com

By Ambar Warrick  Investing.com-- Asian currencies fell further on Tuesday, while the dollar neared a new 20-year peak after hawkish signals from the Federal Reserve gave little indication that the central bank intends to ease...

Euro Slumps as US Dollar Regains Momentum Ahead of NFP. Is EUR/USD in Peril?

EUR/USD FORECAST:Euro tumbles dragged down by broad-based U.S. dollar strength in the FX marketEUR/USD maintains a negative outlook in the near-termThe U.S. employment report will be a source of volatility for financial markets...

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