Forexpros – Forexpros – The euro traded down against the U.S. dollar Wednesday, as weak German economic data pressured the single currency however, high hopes for action by the European Central Bank action to control...
Read MoreForexpros – Crude oil futures touched a fresh three-month high on Wednesday, after U.S. government data showed that crude oil inventories fell more-than-expected last week.On the New York Mercantile Exchange, light, sweet...
Read MoreForexpros – The euro slipped lower against the U.S. dollar on Wednesday, following weak economic data out of Germany, but persistent hopes for action by the European Central Bank action to stem the debt crisis in the euro...
Read MoreForexpros – U.S. stocks opened lower on Wednesday, but sustained hopes for further action by the Federal Reserve and the European Central Bank to stimulate growth continued to support market sentiment.During early U.S....
Read MoreForexpros – Gold futures were little changed on Wednesday, as risk appetite faded following disappointing German economic data, while prospects for sluggish physical demand also weighed on the precious metal.On the Comex...
Read MoreForexpros – U.S. non-farm productivity rose more-than-expected in the last quarter, official data showed on Wednesday.In a report, Bureau of Labor Statistics said that U.S. non-farm productivity rose to a seasonally...
Read MoreForexpros – The U.S. dollar remained broadly higher against the other major currencies on Wednesday, but the pound turned higher after Bank of England Governor Mervyn King said that cutting interest rates could be more...
Read MoreForexpros – The pound held gains against the U.S. dollar on Wednesday, as a less-dovish-than-expected inflation report by the Bank of England continued to support demand for sterling, amid sustained expectations for...
Read MoreForexpros – European stocks pushed lower on Wednesday, as weak earnings reports continued to weigh, although expectations that global central banks may implement further measures to stimulate growth seemed likely to limit...
Read MoreForexpros – The euro fell to a three-day low against the pound on Wednesday, after the Bank of England Governor Mervyn King said that cutting U.K. interest rates could be more counterproductive than beneficial.EUR/GBP hit...
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