London closes gap on New York as top global financial centre
London lost the crown to the Big Apple in 2018.
London lost the crown to the Big Apple in 2018.
- The U.S. dollar stabilized Tuesday, while the euro attempted a comeback after the previous session’s hefty losses. At 04:00 ET (08:00 GMT), the Dollar Index, which...
-- The Federal Reserve’s first interest rate cut in over four years quelled market fears of a recession, Goldman Sachs said, with improved risk appetite likely to...
-- Most Asian currencies advanced on Tuesday with the Chinese yuan supported by Beijing announcing more stimulus measures, while the Australian dollar rose in...
A soft landing for the European economy could be slipping away, increasing pressure on policymakers to step up the pace of interest-rate cuts. Business surveys out Monday indicated that activity in the eurozone's two largest economies was much weaker than expected in September. Here is how markets reacted: + **An October rate cut is now on the table.** Derivatives markets show investors see the European Central bank's key rate at 3.31% next month, meaning they are pricing in almost a full quarter-point reduction from the current rate of 3.5%.
As the Labour party conference kicks off, the chancellor added that real-terms government spending will increase over the course of this government's term.
- The U.S. dollar rose Monday, climbing away from the one-year low seen last week, while disappointing economic activity data weighed on the euro. At 04:15 ET (08:15...
The pound has emerged as the top performer among the Group-of-10 currencies.
-- Most Asian currencies moved in a tight range on Monday, while the dollar steadied from recent losses as traders awaited a slew of more cues on the Federal Reserve...
Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=gSLoIT6z-Uo VIDEO TRANSCRIPT U.S. Dollar Index Okay, hello everyone, welcome back! My name is Greg Firman, and this is the Vantage ...