Forex Pros – The U.S. dollar was rangebound against the Swiss franc on Wednesday, swinging between small gains and losses, ahead of a key Greek vote on adopting a national austerity package. USD/CHF hit 0.8329 during European...
Read MoreForex Pros – Corn futures were up for a second day on Wednesday, climbing to a one-week high as adverse weather conditions in key U.S. corn-growing regions threatened crops that were already deteriorating. On the Chicago...
Read MoreForex Pros – Switzerland’s leading economic barometer fell in line with market expectations in June, industry data showed on Wednesday. In a report, the KOF Economic Research Agency said its index of 12 leading indicators...
Read MoreForex Pros – The euro pared gains against the pound on Wednesday, pulling back from an eight-week high, ahead of a vote in Greece’s parliament on adopting a national austerity package. EUR/GBP pulled away from 0.9012, the...
Read MoreForex Pros – European stock markets were broadly higher on Wednesday, as shares in the financial sector advanced amid expectations Greek lawmakers will vote in favor of harsh austerity measures needed to avoid a sovereign debt...
Read MoreForex Pros – The U.S. dollar was lower against all of its major counterparts on Wednesday, as markets largely priced in expectations that Greece’s parliament would adopt a national austerity package and avert a sovereign...
Read MoreForex Pros – The pound extended losses against the U.S. dollar on Tuesday, falling to a fresh five month low after Bank of England Governor Mervyn King said he was making contingency plans for a Greek sovereign debt default....
Read MoreForex Pros – The euro gave up modest against the U.S. dollar on Tuesday, pulling back from a three-day high, amid growing nervousness ahead of a crucial Greek vote on austerity measures. EUR/USD pulled back from 1.4328, the...
Read MoreForex Pros – Cotton futures were sharply lower on Tuesday, declining for the first time in three days as easing concerns over global cotton supplies weighed on prices. On the ICE Futures U.S. Exchange, cotton futures for October...
Read MoreForex Pros – The U.S. dollar was trading close to a record low against the Swiss franc on Tuesday, as uncertainty ahead of a critical Greek parliamentary vote on austerity measures boosted demand for traditional safe haven...
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