Forexpros – European stock markets extended losses on Wednesday, as Italian borrowing costs remained close to unsustainable levels following a government bond auction.During European morning trade, the EURO STOXX 50...
Read MoreForexpros – The pound eased off a two-week low against the U.S. dollar on Wednesday, but gains were capped as elevated Italian bond yields added to concerns that last week’s European Union summit made little progress...
Read MoreForexpros – The euro dipped below 1.30 against the U.S. dollar on Wednesday, as concerns over threat of sovereign downgrades and elevated peripheral bond yields weighed on the single currency.EUR/USD hit 1.2991 during...
Read MoreForexpros – U.S. stock futures pointed to a mixed to lower open on Wednesday, as investors remained cautious after the Federal Reserve refrained from implementing further stimulus measures at its last policy meeting of the...
Read MoreForexpros – The euro remained under pressure against its major counterparts on Wednesday, as concerns over the risk of sovereign ratings cuts across the euro zone pushed Italian borrowing costs to euro-era highs.During...
Read MoreForexpros – Corn futures traded higher on Wednesday, as adverse weather conditions in Argentina and Brazil fuelled concerns over corn crop conditions in the world’s second and third largest producers of the grain. On...
Read MoreForexpros – The euro was trading close to a ten-month low against the pound on Wednesday, as Italian borrowing costs remained close to unsustainable levels following a government bond auction. EUR/GBP hit 0.8392 during...
Read MoreForexpros – The U.S. dollar was trading close to a 10-month high against the Swiss franc on Wednesday, as concerns over the ongoing debt crisis in the euro zone supported safe haven demand.USD/CHF hit 0.9478 during...
Read MoreForexpros – Economic sentiment in Switzerland deteriorated for the second consecutive month in December, as Europe’s ongoing sovereign debt crisis continued to weigh on sentiment, data showed on Wednesday.In a...
Read MoreForexpros – Copper futures were down sharply for the third consecutive day on Wednesday, trading at a two-week low after the Federal Reserve refrained from signaling another round of quantitative easing, while concerns...
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