TAG: US GDP
Stocks and yen struggle as tech troubles weigh
World stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram parent Meta hammered tech, while the yen's drop through 155 per dollar for the first time since 1990 kept FX traders on intervention alert.B...
5 months ago
EUR/USD higher despite soft German business climate
The euro is up slightly on Thursday. In the North American session, EUR/USD is trading at 1.0863, up 0.22% on the day at the time of writing. German business climate slips to 5-month low Germany continues to post weak data this week. Once the locomotive o...
2 months ago
US second quarter growth stronger than estimated: Govt
The US economy expanded more than initially estimated in the second quarter this year, the Department of Commerce said Thursday, on stronger consumer spending than originally anticipated.The world's biggest economy grew at an annual rate of 3.0 percent in...
1 month ago