Forexpros – The euro zone’s unemployment rate was unchanged in December, holding steady at the highest level since the inception of the euro, official data showed on Wednesday.In a report, Eurostat said that the euro...
Read MoreForexpros – The pound rose to a six-week high against the U.S. dollar on Tuesday, as hopes that a deal on restructuring Greece’s debt will be reached this week bolstered demand for higher-yielding assets.GBP/USD hit...
Read MoreForexpros – The broadly weaker U.S. dollar extended its recent decline against the yen on Tuesday, falling to a three-month low, prompting renewed warnings from Japan over the appreciation of its currency.USD/JPY hit 76.18...
Read MoreForexpros – Asian stock markets were mixed to higher on Tuesday, as market sentiment recovered amid signs of progress in talks between Greece and its bondholders, while heavy machinery makers boosted the Nikkei higher...
Read MoreForexpros – Retail sales in Germany dropped unexpectedly in December, declining for the third consecutive month, official data showed on Tuesday.In a report, Germany’s Statistics Office said retail sales fell by a...
Read MoreForexpros – The greenback slid against major currencies on Tuesday as Australian and New Zealand dollars attracted investors who by mid-session trading determined that Europe had showed enough commitment to ending the debt...
Read MoreForexpros – Crude futures gained in early Asian trading Tuesday, buoyed by comments from OPEC Secretary General Abdullah al-Badri that an E.U. ban on Iranian crude would send prices rising despite abundant supply to make...
Read MoreForexpros – The euro weakened against the dollar in choppy trade on Tuesday as investors sold and jumped to the sidelines to see if an E.U. summit would provide direction on the economy, while Greece’s debt...
Read MoreForexpros – Natural gas prices dropped for the third day Monday despite forecasts for colder eastern U.S. weather. On the New York Mercantile Exchange, natural gas futures for March delivery traded at USD2.70 per million...
Read MoreForexpros – The U.S. dollar gained ground against most of its major counterparts Monday, on steeply higher Portuguese bond yields and renewed Greek debt fears. During late session U.S. trade, the dollar gained against the...
Read More
