Forexpros – The U.S. dollar remained lower against its Canadian counterpart on Wednesday, after European Central Bank President Mario Draghi said the euro zone economy faces “increased downside risks” but held...
Read MoreForexpros – The euro erased gains against the U.S. dollar on Wednesday, pulling away from a session high as European Central Bank President Mario Draghi delivered opening remarks on the central bank’s earlier policy...
Read MoreForexpros – The U.S. dollar remained broadly lower against its major counterparts on Wednesday, after the European Central Bank left interest rates unchanged while investors awaited ECB President Mario Draghi’s...
Read MoreForexpros – The European Central Bank left its benchmark interest rate unchanged for the sixth consecutive month in June, despite mounting fears over the euro zone’s ongoing debt crisis, it announced Wednesday.The...
Read MoreForexpros – The pound extended gains against the U.S. dollar on Wednesday, boosted by hopes that the European Central Bank would ease monetary policy in order to calm investor nerves over the escalating crisis in the euro...
Read MoreForexpros – U.S. stock futures pointed to a sharply higher open on Wednesday, amid growing expectations for further stimulus measures by central banks in order to counter the effects of a slowdown in global economic...
Read MoreForexpros – U.S. grain futures were broadly higher during European morning trade on Wednesday, with corn and soy prices rallying more than 1% as investors entered the market ahead of a policy-setting meeting by the...
Read MoreForexpros – Industrial production in Germany fell significantly more-than-expected in April, fuelling concerns over the impact of the ongoing sovereign debt crisis on the region’s largest economy, official data...
Read MoreForexpros – Germany saw borrowing costs fall to a record low at an auction of five-year government bonds on Wednesday, just hours ahead of a policy-setting meeting by the European Central Bank.Germany’s Treasury sold...
Read MoreForexpros – The euro zone’s economy stagnated in the first three months of 2012, unchanged from an initial estimate and in line with expectations, revised data showed on Wednesday.In a report, Eurostat said that the...
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