Forexpros – The Euro was higher against the Japanese Yen on Monday. EUR/JPY was trading at 103.01, up 0.36% at time of writing. The pair was likely to find support at 101.62, Wednesday’s low, and resistance at 103.86, Friday’s...
Read MoreForexpros – Gold futures edged lower on Friday, paring a weekly gain after ratings agency Fitch downgraded the credit ratings of Italy and Spain, prompting gold traders to sell their positions to raise cash to cover losses in...
Read MoreForexpros – The U.S. dollar ended the week lower against the yen on Friday, as the pair continued to trade in a narrow range amid concerns over a fresh intervention by Japan to weaken the yen.USD/JPY hit 77.25 on Monday, the...
Read MoreForexpros – The U.S. dollar closed higher against the Swiss franc on Friday, trading just beneath a six-month high, after last month’s intervention by the Swiss National Bank to curb the appreciation of the franc dampened the...
Read MoreForexpros – Last week saw the euro decline against the U.S. dollar on Friday, erasing the week’s gains after ratings agency Fitch downgraded its ratings on Spain and Italy, reigniting fears over contagion from the region’s...
Read MoreForexpros – U.S. stocks were down after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.18%, the S&P 500 index shed 0.82%, while the Nasdaq 100 index declined 0.69%. Earlier...
Read MoreForexpros – Forexpros – U.S. stocks moved lower in Friday trade, reversing course from early session gains prompted by a positive labor report, but dragged down in the afternoon session by a ratings downgrade to Spain and...
Read MoreForexpros – Forexpros – The U.S. dollar moved higher against the Japanese yen in U.S. trade Friday, aided by better than expected U.S. labor returns and market instability provided by a ratings downgrade for Spain and...
Read MoreForexpros – Forexpros – European stocks posted modest gains in Friday trade, following encouraging labor data out of the U.S. and hopes for avoidance of a new global economic recession.At the end of Friday’s European...
Read MoreForexpros – Forexpros – Gold futures traded fractionally lower in U.S. trade Friday, as U.S. payrolls showed a surprising jump last month but not enough to reduce the nation’s unemployment rate.On the Comex division of the New...
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