Forexpros – Last week saw gold futures surge to a fresh record high on Friday, as weaker-than-expected data on U.S. gross domestic product raised the prospect of further monetary easing, while ongoing sovereign debt concerns...
Read MoreForexpros – The U.S. dollar tumbled to a four month low against the yen on Friday, as worse-than-expected data on second quarter U.S. growth and the absence of a deal on raising the U.S. debt ceiling bolstered safe haven...
Read MoreForexpros — Last week saw the U.S. dollar plunge to a record low against the Swiss franc and a post-intervention low against the yen, as disappointing second quarter data on gross domestic product and uncertainty over a...
Read MoreForexpros – The euro was lower against the Japanese yen on Friday dragged down by slumping European stocks and fears of a possible downgrade to Spain’s credit rating.EUR/JPY was trading at 110.73 in late U.S. trade, down 0.55%,...
Read MoreForexpros – The Japanese yen posted gains against the U.S. dollar in afternoon trade Friday, as the U.S. economy reported slow growth and an agreement on a plan to raise the U.S. debt limit remained in limbo..In afternoon U.S....
Read MoreForexpros – Crude oil futures moved lower Friday as U.S. economic growth slowed for the quarter and markets remain concerned over wrangling in the U.S. Congress on a resolution to the country’s debt ceiling debate.On the New...
Read MoreForexpros – The New Zealand Dollar was higher against the U.S. Dollar on Friday after the release of U.S. data on Chicago PMI. NZD/USD was trading at 0.8772, up 0.68% at time of writing. The pair was likely to find support at...
Read MoreForexpros – U.S. stocks declined Friday following the release of soft economic data and the bleak prospects for a quick resolution to the nation’s debt ceiling debate. During mid-day trade the Dow Industrial Average fell 0.52%...
Read MoreForexpros – The U.K.’s Nationwide house price index rose unexpectedly last month, data showed on Friday.In a report, , Nationwide Building Society said that said its index of U.K. house prices rose to 0.2%, from 0.0% in the...
Read MoreForexpros – Asian stocks were down after the closing bell on Friday. At the close of Asian trade, Japan’s Nikkei 225 index fell 0.69%, Australia’s S&P/ASX 200 index shed 0.88%, while Hong Kong’s Hang Seng...
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