Forexpros – European stock markets were up sharply on Wednesday, as shares in the financial sector were boosted by reports that European Union finance officials were looking at a bank recapitalization plan.During European...
Read MoreForexpros – The U.S. dollar was higher against most of its major counterparts on Wednesday, as concerns over the impact of the debt crisis in the euro zone weighed on demand for higher yielding assets.During European morning...
Read MoreForexpros – Crude oil futures were up sharply on Wednesday, boosted by reports that European Union finance officials were looking at a bank recapitalization plan and after industry data showed U.S. crude supplies declined...
Read MoreForexpros – The pound trimmed losses against the U.S. dollar on Wednesday, retreating from the daily low after a report showing that growth in the U.K. service sector unexpectedly rebounded in September.GBP/USD pulled back from...
Read MoreForexpros – Retail sales in the euro zone fell more-than-expected in August, official data showed on Wednesday. In a report, Eurostat said retail sales dipped by a seasonally adjusted 0.3% in August, after rising by 0.2% in...
Read MoreForexpros – The U.K. economy grew less than initially expected in the second quarter of 2011, official data showed on Wednesday.In a report, the U.K.’s Office for National Statistics said gross domestic product rose at a...
Read MoreForexpros – The U.S. dollar was down against the yen on Wednesday, as concerns over the impact of the financial crisis in the euro zone on the global economy supported safe haven demand.USD/JPY hit 76.62 during late Asian trade,...
Read MoreForexpros – Service sector activity in the U.K. rose unexpectedly in September, rebounding from an eight-month low, data showed on Wednesday.In a report, market research group Markit said the seasonally adjusted Markit/CIPS...
Read MoreForexpros – Gold futures regained strength on Wednesday, after rating agency moody’s downgraded Italy’s sovereign debt rating, while reports that European Union finance officials were looking at a bank recapitalization plan...
Read MoreForexpros – The New Zealand dollar erased losses against its U.S. counterpart on Wednesday, rebounding from a daily low, boosted by reports that European Union finance officials were looking at a bank recapitalization...
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