Forexpros – Soybean futures dropped to one-week low on Tuesday, as mounting concerns over the global economy dampened the outlook for demand as trading resumed following the U.S. Labor Day holiday. On the Chicago Mercantile...
Read MoreForexpros – German factory orders fell significantly more-than-expected in July, dropping for the first time in four months, official data showed on Tuesday.In a report, Deutsche Bundesbank said factory orders dropped by a...
Read MoreForexpros – The U.S. dollar jumped more than 7% against the Swiss franc on Tuesday, after Switzerland’s central bank intervened in currency markets to curb the strong franc, saying the strength of the currency posed a threat to...
Read MoreForexpros – European stock markets were higher on Tuesday, as investors entered the market for bargain hunting after European equities suffered their biggest drop since the 2008 financial crisis on Monday, while shares in Swiss...
Read MoreForexpros – The euro zone’s economy grew in line with expectations in the second quarter of 2011, revised data showed on Tuesday.In a report, Eurostat said that the euro zone’s gross domestic product increased by a seasonally...
Read MoreForexpros – The U.S. dollar was down against most of its major rivals on Tuesday, after Switzerland’s central bank intervened in currency markets to weaken the Swiss franc, sending the currency sharply higher against the...
Read MoreForexpros – Crude oil futures were down for a third day on Tuesday, falling to a seven-day low as the downbeat outlook for global growth weighed on future oil-demand expectations.On the New York Mercantile Exchange, light, sweet...
Read MoreForexpros – The pound erased losses against the U.S. dollar on Tuesday, as the Swiss franc tumbled against both the dollar and the euro after the Swiss National Bank intervened in currency markets to weaken the franc.GBP/USD...
Read MoreForexpros – The U.S. dollar slipped to a daily low against the yen on Tuesday, as fears that the debt crisis in the euro zone is worsening and the downbeat outlook for U.S. growth supported demand for the safe haven yen.USD/JPY...
Read MoreForexpros – Gold futures rallied to a record high on Tuesday, as a combination of concerns over the outlook for global growth and mounting worries that the euro zone’s sovereign debt crisis is worsening boosted the appeal of the...
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