Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as risk appetite was bolstered by upbeat Chinese economic data, while concerns over sovereign debt contagion in the euro zone eased...
Read MoreForex Pros – Crude oil futures were up for a second day on Wednesday, climbing to a three-day high as upbeat Chinese economic data eased fears over a slowdown in Chinese oil demand, while a weaker U.S. dollar also lent support....
Read MoreForex Pros – The pound was trading close to a five-and-a-half-month low against the U.S. dollar on Tuesday, as concerns over sovereign debt contagion saw investors shun riskier assets while a report showing a decline in U.K....
Read MoreForex Pros – The euro was hovering close to a five-month low against the U.S. dollar on Tuesday, pressured by growing concerns that the euro zone’s debt crisis was spreading to Italy as government bond yields rose...
Read MoreForex Pros – The U.S. dollar erased gains against the Swiss franc on Tuesday, slipping to an eight-day low as growing concerns that the sovereign debt crisis in the euro zone could spread to the region’s core economies boosted...
Read MoreForex Pros – Wheat futures were down for a second day on Tuesday, slumping to a three-day low as easing concerns over U.S. crop conditions pressured prices, which were also weighed by a stronger U.S. dollar. On the Chicago...
Read MoreForex Pros – The euro pared losses against the pound on Tuesday, pulling away from an almost one-month low but the shared currency remained under selling pressure after Holland’s finance minister said the possibility of a...
Read MoreForex Pros – European stock markets fell sharply on Tuesday, as mounting fears that the euro zone’s debt crisis would spill over to large economies such as Italy and Spain prompted investors to shun riskier assets. During...
Read MoreForex Pros – The U.K.’s goods trade deficit widened unexpectedly in May, official data showed on Tuesday.In a report, the U.K. Office for National Statistics said the country’s goods trade deficit widened to a seasonally...
Read MoreForex Pros – Consumer price inflation in the U.K. declined unexpectedly in June, easing off the highest level since September 2008, official data showed on Tuesday.In a report, the U.K. Office for National Statistics said that...
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