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Tag Archives: forex news

Pound Appreciates As Virus Spread Slows

3 hours ago

The pound strengthened against its major counterparts in the European session on Monday, as investors cheered news of a slowdown in coronavirus deaths across Europe. While Italy reported the fewest deaths in more than two weeks, France’s daily death count ...

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Gold Prices Rise 1% As Dollar Stays Flat

4 hours ago

Gold prices rose on Monday after the U.S. Labor Department’s report on Friday showed that the economy shed 701,000 jobs in March, halting decade-long record of growth. Coronavirus fears also drove investors towards the safe-haven metal. Spot gold rose about ...

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Ireland Industrial Production Declines In February

5 hours ago

Ireland’s manufacturing output fell in February after rising in the previous month, figures from the Central Statistics Office showed on Monday. Manufacturing output fell 1.1 percent month-on-month in February, after a 5.9 percent increase in January. Industrial production decreased 1.3 ...

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Oil Prices Tumble On Oversupply Fears

5 hours ago

Oil prices tumbled around 4 percent on Monday after a scheduled meeting between the Organization of the Petroleum Exporting Countries and its allies was delayed. Benchmark Brent crude fell 3.6 percent to $32.88 a barrel, while U.S. West Texas Intermediate ...

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