Forexpros – The euro jumped to a three-week high against the U.S. dollar on Wednesday, erasing earlier losses, amid speculation the European Central Bank was purchasing Spanish and Italian sovereign debt.EUR/USD pulled back from...
Read MoreForexpros – The pound turned higher against the U.S. dollar on Wednesday, erasing losses suffered in the wake of the release of the minutes from the Bank of England’s August policy meeting and after disappointing U.K. employment...
Read MoreForexpros – The euro erased gains against the Swiss franc on Wednesday, pulling back from a three-week high, after the Swiss National Bank announced further measures to weaken the franc, but stopped short of pegging the currency...
Read MoreForexpros – The U.S. dollar was down against the yen on Wednesday, continuing to trade below levels that prompted the Bank of Japan to intervene in the currency market, as the disappointing outcome of the previous day’s...
Read MoreForexpros – European stock markets were broadly lower on Wednesday, after a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy failed to ease concerns over the euro zone’s ongoing sovereign debt...
Read MoreForexpros – Crude oil futures were up on Wednesday, trading close to a two-week high after industry data showed that U.S. gasoline supplies fell to the lowest level since June 2009 last week, easing concerns over a slowdown in...
Read MoreForexpros – Gold futures were up for a third day on Wednesday, re-approaching the psychologically-important level of USD1,800-an-ounce after a summit meeting between French President Nicolas Sarkozy and German Chancellor Angela...
Read MoreForexpros – Consumer price inflation in the euro zone held steady broadly in line with market expectations in July, official data showed on Wednesday. In a report, Eurostat said consumer price inflation held steady at 2.5% in...
Read MoreForexpros – The U.S. dollar was higher against most of its major counterparts on Wednesday, following the disappointing outcome of the previous day’s Franco-German summit meeting, while the Swiss franc jumped after the Swiss...
Read MoreForexpros – The number of people claiming unemployment benefits in the U.K. rose significantly more-than-expected in July, official data showed on Wednesday.In a report, the U.K. Office for National Statistics said that the...
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