Forexpros – Crude oil futures extended sharp losses from the previous session on Tuesday, tumbling to an 11-month low as mounting fears over the global economic recovery weighed on future demand expectations, while an overall...
Read MoreForexpros – The U.S. dollar was mixed against its major counterparts on Tuesday, while the safe haven yen and Swiss franc extended sharp gains from the previous session as investors sought shelter from a rout in global...
Read MoreForexpros – Manufacturing production in the U.K. fell unexpectedly in June, official data showed on Tuesday.In a report, the U.K. Office for National Statistics said that manufacturing production fell by 0.4% in June,...
Read MoreForexpros – The pound edged higher against the U.S. dollar on Tuesday, regaining some of the previous day’s sharp losses, while traders awaited key U.K. data on manufacturing production and on its trade deficit.GBP/USD hit...
Read MoreForexpros – Gold futures rallied to a fresh record high for a second day on Tuesday, as mounting worries over the outlook for global economic growth and sharp losses in global equity markets underlined the safe haven appeal of...
Read MoreForexpros – The pound steadied against the U.S. dollar on Monday, after pulling back from a one-week high amid ongoing concerns over sovereign debt contagion in the euro zone, while the greenback came under pressure following an...
Read MoreForexpros – The euro pulled back from a one-week high against the U.S. dollar on Monday, surrendering gains made after the European Central Bank indicated it would buy Italian and Spanish bonds, as ongoing concerns over the...
Read MoreForexpros – The euro turned lower against the yen on Monday, retreating from a two-day high as optimism faded over news that the European Central Bank was buying Italian and Spanish bonds, while a downgrade of U.S. government...
Read MoreForexpros – The U.S. dollar was sharply lower against the safe haven Swiss franc on Monday, falling to a fresh record low after Standard & Poor’s downgraded the U.S. debt rating for the first time in history, boosting...
Read MoreForexpros – European stock markets were sharply lower on Monday, after Standard & Poor’s downgraded the U.S. government debt rating for the first time in history, prompting investors to shun riskier assets. During European...
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