Forexpros – The euro was trading close to a two-week high against the pound on Monday, as concerns that upcoming data on U.K. second quarter economic growth could be weaker-than-expected weighed on sterling.EUR/GBP hit 0.8844...
Read MoreForexpros – Wheat futures were down for a second day on Monday, as fears over a possible U.S. sovereign debt default prompted investors to shun riskier assets, while expectations for higher Russian wheat exports also weighed....
Read MoreForexpros – The U.S. dollar tumbled to a record low against the safe haven Swiss franc on Monday, as talks on raising the U.S. debt ceiling remained deadlocked and Greece’s sovereign debt rating was downgraded by Moody’s...
Read MoreForexpros – European stock markets were broadly lower on Monday, as shares in the financial sector came under selling pressure amid fears over a possible U.S. sovereign debt default and after Greece’s credit rating was...
Read MoreForexpros – The U.S. dollar was broadly lower against its major counterparts on Monday, as safe havens such as the Swiss franc and the yen surged, boosted by mounting fears over a U.S. default as talks on raising the U.S. debt...
Read MoreForexpros – Mortgage approvals in the U.K. rose more-than-expected in June, industry data showed on Monday. In a report, the British Banker’s Association said that the number of new mortgages approved in June rose to...
Read MoreForexpros – Crude oil futures were down on Monday, retreating from a six-week high as fears over a possible U.S. sovereign debt default raised concerns over the short-term energy demand outlook from the world’s largest oil...
Read MoreForexpros – The pound was slightly lower against the U.S. dollar on Monday, as concerns over a possible U.S. default mounted after debt talks between President Barack Obama and congressional leaders broke down over the...
Read MoreForexpros – Last week saw the Canadian dollar trims gains against its U.S. counterpart on Friday, after rallying to a three-and-a-half-year high boosted by expectations for a near-term interest rate hike by the Bank of...
Read MoreForexpros – Crude oil futures posted their fourth consecutive weekly gain last week, climbing to a six-week high on Friday after the International Energy Agency said it would not extend a release of additional oil supplies and...
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