Forex Pros – The U.S. dollar was broadly higher against most of its major counterparts on Thursday, ahead of the European Central Bank’s post-policy meeting press conference later in the day.During European afternoon trade, the...
Read MoreForex Pros – pros – The European Central Bank raised its benchmark interest rate for the second time in 2011, it announced on Thursday.The ECB said it lifted the benchmark interest rate to 1.5%, in a widely expected move, up...
Read MoreForex Pros – The pound was broadly unchanged against the U.S. dollar on Thursday, after the Bank of England held its key interest rate at a record low of 0.5% in a widely expected decision.GBP/USD hit 1.5945 during European...
Read MoreForex Pros – The euro was trading close to a seven-day low against the U.S. dollar on Thursday, amid concerns that the European Central Bank would not signal future rate hikes at its post-policy meeting press conference later in...
Read MoreForex Pros – pros – Wheat futures were down for a second day on Thursday, as Russia was set to return to the export market, while favorable weather in the U.S. eased concerns over deteriorating crop conditions. On the Chicago...
Read MoreForex Pros – pros – The euro was steady against pound on Thursday, ahead of interest rate decisions by both the European Central Bank and the Bank of England later in the day.EUR/GBP pulled away from 0.8928, the pair’s lowest...
Read MoreForex Pros – The U.S. dollar edged higher against the Swiss franc on Thursday, as concerns over the euro zone’s debt crisis and the chance that the European Central Bank would not point towards future rate hikes at its...
Read MoreForex Pros – pros – European stock markets were broadly higher on Thursday, ahead of a widely expected interest rate hike by the European Central Bank later in the day, while U.S. futures indexes pointed to a higher open on Wall...
Read MoreForex Pros – The pound extended losses against the U.S. dollar on Wednesday, slumping to a four-day low after a surprise Chinese rate hike, while renewed concerns over the euro zone’s sovereign debt crisis also weighed.GBP/USD...
Read MoreForex Pros – Gold futures turned lower on Wednesday, easing off an eight-day high after China unexpectedly raised its benchmark interest rate for the fifth time in nine months in an effort to curb rising inflation. On the Comex...
Read More
