Forexpros – The euro erased losses against the U.S. dollar in subdued trade on Wednesday, pulling back from the daily low as the greenback remained broadly weaker amid speculation that the Federal Reserve may announce fresh...
Read MoreForexpros – The U.S. dollar was lower against the Swiss franc on Wednesday, as the prospect of a fresh round of economic stimulus measures by the Federal Reserve weighed on the greenback.USD/CHF hit 0.7886 during European late...
Read MoreForexpros – Cotton futures were sharply higher on Wednesday, after government data showed that U.S. crop conditions deteriorated last week, while fears over a disruption to supplies in Pakistan added to concerns over tightening...
Read MoreForexpros – The euro trimmed losses against the pound on Wednesday, shrugging off worse-than-expected data on German business climate and industrial orders as the European Central Bank’s bond buying program supported the single...
Read MoreForexpros – European stock markets were broadly higher on Wednesday, amid ongoing speculation the Federal Reserve will introduce fresh stimulus measures to prop up the faltering U.S. economy. During European morning trade, the...
Read MoreForexpros – Industrial new orders in the euro zone dropped unexpectedly in June, official data showed on Wednesday.In a report, Eurostat said that industrial new orders fell by a seasonally adjusted 0.7% in June, after jumping...
Read MoreForexpros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as concerns that the Federal Reserve may announce to fresh steps to boost U.S. growth weighed on demand for the greenback.During European...
Read MoreForexpros – The pound was steady against the U.S. dollar on Wednesday, holding modest gains as speculation over the possibility of fresh stimulus measures to bolster the U.S. economy weighed on the greenback.GBP/USD hit 1.6514...
Read MoreForexpros – Crude oil futures edged lower on Wednesday, giving back some of the previous day’s sharp gains after industry data painted a mixed picture of U.S. energy demand, while a stronger U.S. dollar also weighed.On the...
Read MoreForexpros – The U.S. dollar was unchanged against the yen on Wednesday, after Japan unveiled a two-pronged approach aimed at curbing the appreciation of the yen, creating a credit line to promote foreign investment and imposing...
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