Forexpros – U.S. stock markets were lower after the open on Wednesday, as investors looked ahead to a second day of testimony by Federal Reserve Chairman Ben Bernanke, while upbeat U.S. housing data further dampened...
Read MoreForexpros – Gold futures extended losses during U.S. morning hours on Wednesday, coming under heavy selling pressure after strong U.S. housing data further dampened speculation over near-term easing in the U.S.Market...
Read MoreForexpros – The number of housing starts in the U.S. rose more-than-expected in June, hitting the highest level since April 2010, official data showed Wednesday.The report also showed that building permits issued fell...
Read MoreForexpros – The euro remained close to the session low against the U.S. dollar on Wednesday, following remarks by German Chancellor Angela Merkel, as investors looked ahead to a second day of testimony by Federal Reserve...
Read MoreForexpros – U.S. stock futures pointed to a lower open on Wednesday, after Federal Reserve Chairman Ben Bernanke gave a bleak assessment of the U.S. economy and failed to point towards any near term monetary...
Read MoreForexpros – The U.S. dollar rose to a session high against the Swiss franc on Wednesday, after Germany auctioned two-year bonds at a negative yield for the first time ever, indicating continuing demand for safe haven...
Read MoreForexpros – U.S. grain futures were lower during European morning hours on Wednesday, as an impressive rally to multi-year highs in corn, wheat and soy prices prompted investors to cash out of the market and lock in...
Read MoreForexpros – Copper futures swung between modest gains and losses during European morning hours on Wednesday, after Federal Reserve Chairman Ben Bernanke refrained from indicating if the U.S. central bank is considering...
Read MoreForexpros – The pound slid to a session low against the U.S. dollar on Wednesday, following the release of the minutes of the Bank of England’s July meeting but sterling found support from data showing that the U.K....
Read MoreForexpros – European stocks were higher during early European trade on Wednesday, as shares in Credit Suisse rallied on the back of stronger-than-expected earnings.Gains were limited after Federal Reserve Chairman Ben...
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