Forexpros– The euro rebounded from a two-month low against the pound on Wednesday, after the Swiss National Bank announced measures to curb the franc’s recent gains against the euro and the U.S. dollar, lifting the single...
Read MoreForexpros — The pound extended gains against the U.S. dollar on Wednesday, after a report showed that activity in the country’s services sector grew at its fastest pace in four months in July.GBP/USD hit 1.6402...
Read MoreForexpros — Retail sales in the euro zone rose more-than-expected in June, official data showed on Wednesday. In a report, Eurostat said retail sales rose by a seasonally adjusted 0.9% in June, above expectations for a...
Read MoreForexpros — European stock markets were broadly lower on Wednesday, falling to an 11-month low amid growing concerns over the U.S. economic outlook, while Societe Generale shares dropped sharply following disappointing...
Read MoreForexpros — The U.S. dollar turned broadly lower against its major counterparts on Wednesday, after the Swiss National Bank cut interest rates to curb the franc’s gains but concerns over the outlook for global growth...
Read MoreForexpros — Service sector activity in the U.K. rose unexpectedly in July, growing at the fastest pace since March industry data showed on Wednesday.In a report, market research group Markit said the seasonally adjusted...
Read MoreForexpros – Crude oil futures traded close to a five-week low on Wednesday, fluctuating between small gains and losses as concerns that the U.S. economic recovery was faltering weighed on future demand expectations from the...
Read MoreForexpros – The pound remained lower against the U.S. dollar on Tuesday, as fresh concerns over sovereign debt in the euro zone weighed and despite a better-than-expected reading of the U.K.’s construction PMI. GBP/USD hit...
Read MoreForexpros – Cotton futures were down sharply on Tuesday, after government data showed that U.S. crop conditions improved last week, easing concerns over tightening supplies, while a stronger U.S. dollar also weighed. On the...
Read MoreForexpros – The euro extended losses against the U.S. dollar on Tuesday, falling to an eight-day low amid renewed worries over the debt crisis in the euro zone and concerns over the global economic recovery, while a deal to...
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