Forexpros – The Australian dollar tumbled to a three-day low against its U.S. counterpart on Tuesday, after the Reserve Bank of Australia decided to lower its interest rate for the first time since early 2009.AUD/USD hit...
Read MoreForexpros – The euro fell to a seven-day low against the broadly stronger U.S. dollar on Tuesday, amid fresh concerns over a plan to contain the debt crisis in the single currency bloc.EUR/USD hit 1.3747 during late Asian...
Read MoreForexpros – The Reserve Bank of Australia cut its benchmark interest rate for the first time since April 2009, as slowing global growth threatens the nation’s economy, it announced on Tuesday.In a statement, the RBA...
Read MoreForexpros – U.S. stocks were down after the closing bell on Monday. At the close of U.S. trade, the Dow Jones Industrial Average fell 2.26%, the S&P 500 index shed 2.47%, while the Nasdaq 100 index declined 1.72%....
Read MoreForexpros – The U.S. Dollar was higher against the Japanese Yen on Monday after the release of U.S. data on Chicago PMI. USD/JPY was trading at 78.03, up 2.91% at time of writing. The pair was likely to find support at...
Read MoreForexpros – European stocks were down after the closing bell on Monday. At the close of European trade, Germany’s DAX fell 3.23%, London’s FTSE 100 shed 2.77%, France’s CAC 40 declined 3.16% and the EURO...
Read MoreForexpros – Natural gas futures pulled back from a six-week high on Monday, as traders turned their attention from the weekend’s U.S. Northeast snowstorm to forecasts showing mild weather in the coming week which was...
Read MoreForexpros – The U.S. dollar remained broadly higher against its major counterparts on Monday, as Japan’s move to weaken the persistently strong yen continued to boost demand for the greenback.During U.S. morning...
Read MoreForexpros – The pound pared losses against the U.S. dollar on Monday, but remained under pressure after Japan’s intervention in the currency market to stem the yen’s record gains boosted demand for the...
Read MoreForexpros – Gold futures trimmed losses on Monday, pulling back from a three-day low as some safe-haven buying re-emerged amid ongoing concerns over the debt crisis in the euro zone. On the Comex division of the New York...
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