Forexpros – Gold futures edged modestly lower in rangebound trade during European morning hours on Monday, as market participants looked ahead to Federal Reserve Chairman Ben Bernanke’s semi-annual testimony to the...
Read MoreForexpros – The Australian dollar dipped lower against its U.S. counterpart in quiet trade on Monday, ahead of a report on the U.S. economy to the Senate by Federal Reserve Chairman Ben Bernanke on Tuesday.AUD/USD hit...
Read MoreForexpros – Asian stock markets edged higher during late Asian trade on Monday, as market sentiment found mild support amid growing expectations China will increase efforts to boost its slowing economy. During late Asian...
Read MoreForexpros – Asian stocks rose on Monday on expectations Beijing will take steps to stimulate its economy and spur more growth after the country reported its slowest quarterly growth rates in three years.During Asian...
Read MoreForexpros – The Canadian dollar fell against its U.S. counterpart early Monday as investors snapped up nicely priced greenback positions after poor consumer sentiment figures had sent the U.S. currency falling enough.In...
Read MoreForexpros – Crude oil futures inched up in Asian trading Monday, extending Friday’s gains on news China’s gross domestic product grew 7.6% in the second quarter of this year, in line with expectations though...
Read MoreForexpros – The pound rallied against the U.S. dollar on Friday, after Chinese economic growth figures met expectations and following the launch of a new lending program by the Bank of England.GBP/USD hit 1.5392 on...
Read MoreForexpros – U.S. grain futures were broadly higher on Friday, as ongoing concerns over the impact of drought-like conditions on crops in the U.S. Midwest and Great Plains-region continued to boost prices.Escalating...
Read MoreForexpros – The Australian dollar rallied against its U.S. counterpart on Friday, as investors confidence was boosted after data showed that China’s economy expanded in the second quarter.AUD/USD hit 1.0099 on...
Read MoreForexpros – The U.S. dollar eased off a 19-month high against the Swiss franc on Friday, as market sentiment found support after Chinese economic growth figures met expectations, but sustained concerns over the euro zone...
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