Forexpros – The U.S. dollar hit a 15-month high against the Swiss franc on Wednesday, after a poorly received auction of Italian government bonds fuelled fears that the debt crisis in the euro zone is deepening, pushing...
Read MoreForexpros – Copper futures came under pressure during European morning trade on Wednesday, hovering close to a five-month low after Italy saw borrowing costs rise at auction of five- and 10-year debt, while growing fears...
Read MoreForexpros – The U.S. dollar was broadly higher against its major counterparts on Wednesday, as ongoing concerns over soaring Spanish borrowing costs and the country’s ailing banking system weighed on demand for...
Read MoreForexpros – The pound fell to a four-month low against the U.S. dollar on Wednesday, as demand for the safety of the greenback was bolstered by mounting concerns over rising Spanish borrowing costs and fears over the...
Read MoreForexpros – The euro zone’s M3 money supply grew less-than-expected in April, while private loan figures also came in below expectations, official data showed on Wednesday.In a report, the European Central Bank said...
Read MoreForexpros – Gold futures came under heavy selling pressure during European morning trade on Wednesday, falling to a one-week low, as investors sold off the euro and piled in to the U.S. dollar amid growing concerns over...
Read MoreForexpros – Switzerland’s leading economic barometer improved more-than-expected in May, rising to a seven-month high, industry data showed on Wednesday.In a report, the KOF Economic Research Agency said its index of...
Read MoreForexpros – The New Zealand dollar was lower against its U.S. counterpart on Wednesday, as ongoing concerns over soaring borrowing costs in Spain and the handling of the country’s troubled banking sector weighed on...
Read MoreForexpros – The euro dropped to a near two-year low against the U.S. dollar on Wednesday, pressured lower as fears over Spain’s mounting borrowing costs and its weakening banking system intensified.EUR/USD hit 1.2457...
Read MoreForexpros – The Australian dollar fell against the greenback on Wednesday on concerns Spain still struggle to prop up its banking system and regional governments, which sent higher-yielding currencies falling and the U.S....
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