U.K. GDP rises
Forexpros — U.K.’s gross domestic product rose in the last quarter, preliminary official data showed on Friday.In a report, the U.K. Office for National Statistics said that GDP rose to 0.2%, from 0.2% in the preceding...
Read MoreAuthor: Yonny Zohar
Forex – EUR/USD up during the European session
Forexpros — The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.4430, up 0.35% at time of writing. The pair was likely to find support at 1.4328, Thursday’s low, and resistance at 1.4500,...
Read MoreAsian markets mixed at close; Nikkei up 0.29%
Forexpros — Asian stocks were mixed after the closing bell on Friday. At the close of Asian trade, Japan’s Nikkei 225 index rose 0.29%, Australia’s S&P/ASX 200 index shed 0.30%, while Hong Kong’s Hang Seng Index was...
Read MoreForex – Dollar falls in mid-day Asian trade
Forexpros – The U.S. dollar moved broadly lower against its major counterparts in Asian trade Friday, as disappointing labor data heightened focus on a scheduled speech from U.S. Federal Reserve Chairman Ben Bernanke. In...
Read MoreForex – USD/JPY falls in mid-day Asian trade
Forexpros – The U.S. dollar moved lower against the Japanese yen in Asian trade Friday, on labor data suggesting employment in the U.S. has yet to show signs of recovery. In early Asian trade USD/JPY hit 77.51, the pair’s...
Read MoreAsian stocks post modest gains in early trade; Nikkei inches up 0.05%
Forexpros – Asian stocks moved marginally higher Friday, as dealers in the region remained wary of aggressive buying ahead of a planned speech by U.S. Federal Reserve Chairman Ben Bernanke. During early Asian trade, Hong...
Read MoreGold futures decline in early Asian trade
Forexpros – Gold futures extended losses in Asian trade Friday, as higher trading fees set in for dealers ahead of a much-anticipated speech by U.S. Federal Reserve Chairman Ben Bernanke. On the Comex division of the New York...
Read MoreForex – USD/JPY down on economic data
Forexpros — The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of Japanese data on Tokyo Core CPI. USD/JPY was trading at 77.37, down 0.13% at time of writing. The pair was likely to find...
Read MoreForex – EUR/USD retreats in early Asian trade
Forexpros – The euro fell marginally against the U.S. dollar in Asian trade Friday, as U.S. labor conditions showed little signs of improvement and market players await a meeting of Federal Reserve officials. EUR/USD hit...
Read MoreTokyo’s core consumer price inflation falls more-than-expected
Forexpros — Tokyo’s core consumer price inflation fell more-than-expected last month, official data showed on Thursday.In a report, the Statistics Bureau said that Tokyo’s core CPI, which excludes fresh food costs fell to...
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