Forex Pros –The euro rose to a three-week high against the broadly weaker pound on Tuesday, after official data confirmed that U.K. gross domestic product rose in line with expectations the first quarter. EUR/GBP hit 0.8966...
Read MoreForex Pros – European stock markets were broadly higher on Tuesday, as shares in the financial sector advanced amid optimism that progress was being made to solve Greece’s sovereign debt crisis ahead of a crucial vote on...
Read MoreForex Pros – The U.K. current account deficit narrowed less-than-expected in the first quarter, official data showed on Tuesday. In a report, the U.K.’s National Statistics Office said that the U.K. current account...
Read MoreForex Pros – The U.S. dollar was mixed against its major counterparts on Tuesday, as the euro edged higher, bolstered by optimism that Greece’s parliament would approve a package of austerity measures demanded by...
Read MoreForex Pros – The U.K. economy grew in line with expectations in the first quarter of 2011, unrevised from the growth previously published, official data showed on Tuesday. In a report, the U.K.’s Office for National...
Read MoreForex Pros – Crude oil futures were up for the first time in four days on Tuesday, easing off a four-month low as investors entered the market on bargain buying, while a weaker U.S. dollar also lent support. On the New York...
Read MoreForex Pros – The pound pulled back from a five-month low against the U.S. dollar on Monday, tracking the euro higher amid optimism over a deal to rollover Greek government debt, ahead of a crucial Greek austerity vote. GBP/USD...
Read MoreForex Pros – The euro erased losses against the U.S. dollar on Monday, rebounding from a seven-day low as risk aversion waned ahead of a key Greek vote on an austerity plan which must pass in order to secure more international...
Read MoreForex Pros – Wheat futures slumped to a two-day low on Monday, extending losses from the previous week as easing concerns over global wheat supplies dragged prices lower. On the Chicago Mercantile Exchange, wheat futures for...
Read MoreForex Pros – The euro pared losses against the pound on Monday, pulling away from a two-day low but the shared currency remained under pressure amid concerns that the euro zone’s debt crisis will deepen if Greece rejects a...
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