Forex Pros – Wheat futures were up on Tuesday, bouncing off an 11-month low as last week’s steep decline created bargain buying opportunities for investors and importers. On the Chicago Mercantile Exchange, wheat futures for...
Read MoreForex Pros – The U.S. dollar extended losses against the Swiss franc on Tuesday, as risk aversion escalated amid fears over possible monetary tightening by China and ongoing concerns over the euro zone’s sovereign debt...
Read MoreForex Pros – The euro extended losses against the pound on Tuesday, falling to a fresh three-day low after official data showed that retail sales in the euro zone slumped in May, posting their biggest fall in a year.EUR/GBP hit...
Read MoreForex Pros – European stock markets were mixed on Tuesday, pausing after a six-day rally, as ongoing concerns over Greece’s sovereign debt woes and fears over a possible rate hike by China prompted investors to shun riskier...
Read MoreForex Pros – Retail sales in the euro zone fell more-than-expected in May, official data showed on Tuesday. In a report, Eurostat said retail sales declined by a seasonally adjusted 1.1% in May, after rising by 0.7% in April,...
Read MoreForex Pros – The euro zone’s services sector grew less than initially projected in June, falling to an eight-month low, data showed on Tuesday.In a report, the market research group, Markit said the final euro zone...
Read MoreForex Pros – Service sector activity in the U.K. rose unexpectedly in June, industry data showed on Tuesday.In a report, market research group Markit said the seasonally adjusted Markit/CIPS Services Purchasing Managers Index...
Read MoreForex Pros – The U.S. dollar was up against most of its major counterparts on Tuesday, as speculation over a possible rate hike by China weighed on risk appetite and bolstered safe haven demand.During European morning trade, the...
Read MoreForex Pros — The pound trimmed gains against the U.S. dollar on Monday, as a report showing that construction sector activity in the U.K. slowed in June reinforced expectation that the Bank of England is unlikely to raise...
Read MoreForex Pros — The euro pulled back from a one-month high against the U.S. dollar on Monday, after ratings agency Standard and Poor’s said a proposed rollover of Greek sovereign debt may put the country into selective...
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