Forexpros – Australia’s gross domestic product rose more-than-expected in the second quarter of 2011, official data showed on Wednesday.In a report, the Australian Bureau of Statistics said that Australia’s economy expanded by a...
Read MoreForexpros – Forexpros – The U.S. dollar moved lower against its major counterparts in Asian trade Wednesday, as better than expected service sector data failed to overcome concerns over European debt and another weak...
Read MoreForexpros – Forexpros – The U.S. dollar moved lower against the Japanese yen in Asian trade Wednesday, as the Swiss National Bank’s decision to limit losses in the Swiss franc spurred speculation that Japan may follow suit...
Read MoreForexpros – Forexpros – Asian stocks gained ground in Wednesday trade, with exporters getting a lift from a weaker yen and speculation that Japan’s central bank may follow the Swiss National Bank in an attempting to weaken...
Read MoreForexpros – Forexpros – Crude oil futures declined marginally in Asian trade Wednesday, after the release of data showing a better than expected performance from the U.S. service sector. On the New York Mercantile Exchange...
Read MoreForexpros – Forexpros – Gold futures pared gains in Asian trade Wednesday, after setting an all-time high, as a move by the Swiss central bank to limit EUR/CHF drops sent investors scrambling for alternate safe-havens. On the...
Read MoreForexpros – Forexpros – The euro moved higher against the U.S. dollar in Asian trade Wednesday, as Wall Street suffered its third straight losing session and the Swiss National Bank took the extraordinary step of...
Read MoreForexpros – The pound erased gains against the U.S. dollar on Tuesday, pulling back from a daily high hit after the Swiss National Bank’s intervention in currency markets boosted the euro broadly, which in turn pulled the...
Read MoreForexpros – The euro trimmed gains against the U.S. dollar on Tuesday, giving up some of the gains made after the Swiss National Bank pegged the franc to the euro earlier, sending the single currency sharply higher across the...
Read MoreForexpros – The euro jumped to an eight-week high against the Swiss franc on Tuesday, after the Swiss National Bank intervened in currency markets, setting an exchange rate target at 1.20 francs per euro.EUR/CHF pulled away from...
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