Forexpros – Gold futures rallied during U.S. trade Wednesday, as the release of disappointing U.S. retail sales data triggered hopes for a third round of monetary easing by the Federal Reserve. The precious metal also...
Read MoreForexpros – Crude oil futures moved higher during U.S. trade Wednesday as traders anticipate Thursday’s meeting of the Organization of Petroleum Exporting Countries in Vienna and bullish supply data lifted prices. On...
Read MoreForexpros – The euro moved higher against the U.S. dollar Wednesday, as ongoing euro zone debt crisis fears and disappointing U.S. economic data weighed on market sentiment.EUR/USD hit 1.2599 in early afternoon U.S. trade,...
Read MoreForexpros – The U.S. dollar turned broadly lower against its major counterparts in volatile trade on Wednesday, after disappointing U.S. retail sales data fuelled speculation over a third round of monetary easing by the...
Read MoreForexpros – The pound edged lower against the U.S. dollar on Wednesday, as a flurry of weak U.S. economic reports and sustained concerns over Spain’s financial troubles dampened market sentiment.GBP/USD hit 1.5536...
Read MoreForexpros – U.S. business inventories rose more-than-expected in April, official data showed on Wednesday.In a report, the U.S. Census Bureau said that wholesale inventories rose by 0.4% in April, above expectations for a...
Read MoreForexpros – U.S. stocks opened lower on Wednesday, as investor confidence weakened after a string of disappointing U.S. economic data and amid ongoing concerns over the handling of the euro zone’s debt crisis. During...
Read MoreForexpros – Gold futures rallied to the highest levels of the day during U.S. morning trade on Wednesday, as the release of disappointing U.S. retail sales data triggered hopes for a third round of monetary easing by the...
Read MoreForexpros – The euro extended gains against the U.S. dollar on Wednesday, as disappointing U.S. economic data fuelled speculation over the possibility of another round of easing from the U.S. central bank.EUR/USD hit...
Read MoreForexpros – Retail sales in the U.S. fell for the second consecutive month in May, the first back-to-back- decline in two years, official data showed on Wednesday.Core retail sales declined for the first time since...
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