Forex Pros — The U.S. dollar rebounded from a record low against the Swiss franc last week, as investors embraced higher-yielding currencies after Greece’s parliament approved an austerity package and averted the...
Read MoreForex Pros — The U.S. dollar ended the week higher against the yen on Friday, amid increased risk appetite and after the Bank of Japan’s quarterly tankan survey showed a decline in business sentiment in the aftermath...
Read MoreForex Pros — Last week saw gold prices slump to a six-week low on Friday, as Greece’s approval of a key austerity package needed to avoid a sovereign debt default diminished the safe haven appeal of the precious...
Read MoreForex Pros — Last week saw the euro post its first weekly gain against the U.S. dollar in four weeks, amid hopes that Greece will avoid a sovereign debt default and ahead of a widely expected interest rate hike by the...
Read MoreForex Pros – U.S. stocks were up after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average rose 1.36%, the S&P 500 index gained 1.44%, while the Nasdaq 100 index climbed 1.56%. Earlier...
Read MoreForex Pros – The U.K.’s manufacturing PMI fell unexpectedly last month, data showed on Friday. In a report, research group Markit said that the manufacturing PMI fell to 51.3, from 52.1 in the preceding month....
Read MoreForex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of euro zone data on Manufacturing PMI. EUR/USD was trading at 1.4516, up 0.10% at time of writing. The pair was likely to find support...
Read MoreForex Pros – The euro pared gains against the U.S. dollar on Thursday, but remained well supported ahead of a Greek vote on legislation to implement the EUR28.4 billion, five-year austerity package approved in Wednesday’s...
Read MoreForex Pros –Soybean futures pared gains on Thursday, pulling back from a daily high as markets awaited the release of a key monthly report on U.S. and global grain supplies. On the Chicago Mercantile Exchange, soybean futures...
Read MoreForex Pros – The U.S. dollar dipped against the Swiss franc on Thursday, remaining within striking distance of the pair’s all-time low after Greece moved a step closer to securing international aid after voting in favor of...
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