Tag forex-news

Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking forex news as well as relevant financial developments.

Beacon Roofing rejects QXO’s $11 billion takeover provide

By Anshuman Tripathy (Reuters) -Beacon Roofing Provide on Wednesday rejected a $11 billion takeover provide from QXO, a brand new participant within the constructing merchandise distribution trade, saying its proposal “considerably undervalues” the roofing materials provider. Earlier on Wednesday, QXO…

USD energy is prone to persist in 1H25: UBS

Investing.com — The US greenback (USD) has entered 2025 in a formidable method, with the greenback index (DXY) reaching 110, its highest stage since late 2022. In response to UBS strategists, the forex’s upward momentum, fueled by sturdy US financial…

Greenback weakens forward of CPI launch; sterling steady

Investing.com – The US greenback edged decrease Wednesday amid warning forward of a carefully watched US shopper costs report, whereas sterling weakened after a benign inflation launch. At 04:45 ET (09:45 GMT), the Greenback Index, which tracks the dollar towards…