Forexpros – The U.S. dollar gained ground on its major counterparts in Asian trade Wednesday, as weaker than expected economic data fueled hopes that the U.S. Federal Reserve Bank would take steps to stimulate the...
Read MoreForexpros – The New Zealand Dollar was lower against the U.S. Dollar on Tuesday after the release of N.Z. data on Trade Balance. NZD/USD was trading at 0.8339, down 0.26% at time of writing. The pair was likely to find support...
Read MoreForexpros – New Zealand’s trade balance rose unexpectedly last month, data showed on Tuesday.In a report, Statistics New Zealand said that the trade balance rose to a seasonally adjusted 129M, from 197M in the preceding month...
Read MoreForexpros – The euro extended gains against the U.S. dollar on Tuesday, rising to a four-day high after data showed that both German and euro zone PMI data didn’t slow as much as expected this month.EUR/USD hit 1.4500 during...
Read MoreForexpros – Gold futures pulled back from record highs on Tuesday, as better-than-expected data from China buoyed Asian and European equities markets and supported demand for riskier assets. On the Comex division of the New...
Read MoreForexpros – European stock markets were higher on Tuesday, after readings of manufacturing activity in the euro zone and China bolstered risk appetite, while hopes for fresh stimulus measures for the U.S. economy also lifted...
Read MoreForexpros – The U.S. dollar slipped against the Swiss franc on Tuesday, while a report earlier showed that Swiss exports declined more-than-expected in July as the franc’s appreciation hit competitiveness.USD/CHF hit 0.7854...
Read MoreForexpros – Crude oil futures rose for a second day on Tuesday, on the back of a broadly weaker dollar and amid expectations that it would take some time for Libya to resume oil production as fighting continued in the country’s...
Read MoreForexpros – German ZEW economic sentiment index fell more-than-expected last month, data showed on Tuesday. In a report, the ZEW Centre for Economic Research said its index of German business sentiment fell to -37.6, from -15.1...
Read MoreForexpros – The euro zone’s ZEW economic sentiment index fell unexpectedly last month, official data showed on Tuesday.In a report, ZEW said that Euro zone ZEW economic sentiment fell to a seasonally adjusted -40.0, from...
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