Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Monday, as risk aversion remained elevated as markets waited for a resolution to Greece’s sovereign debt crisis. During European morning...
Read MoreForex Pros – The pound was lower against the U.S. dollar on Monday, after euro zone finance ministers delayed a decision on emergency loans for Greece, adding to pressure on Greek Prime Minister George Papandreou to pass...
Read MoreForex Pros – Crude oil prices extended sharp losses from the previous session on Monday, dropping to a four-month low as the U.S. dollar gained amid uncertainty over a second Greek bailout package, while concerns over a slowdown...
Read MoreForex Pros – The euro zone current account deficit widened more-than-expected in April, official data showed on Monday. In a report, the European Central Bank said that the euro zone current account recorded a seasonally...
Read MoreForex Pros – The U.S. dollar was almost unchanged against its Canadian counterpart at the close of trade on Friday, at the end of a volatile week as markets were roiled by fears that Greece was moving closer to a default....
Read MoreForex Pros – Crude oil prices fell sharply on Friday, dropping to a four-month low as ongoing fears over the euro zone’s debt crisis and concerns over a slowdown in demand from the U.S. drove prices lower. On the New York...
Read MoreForex Pros – Gold prices settled at a one-week high on Friday, as hopes for a new Greek bailout package saw the U.S. dollar weaken against the euro, boosting the appeal of the precious metal. On the Comex division of the New...
Read MoreForex Pros – The U.S. dollar closed the week slightly higher against the Swiss franc on Friday, but remained close to what Swiss National Bank Chairman Philipp Hildebrand called “extreme levels” amid concerns over...
Read MoreForex Pros – The U.S. dollar fell to a one-week low against the yen on Friday, as ongoing fears over Greece’s sovereign debt crisis supported demand for the safe haven currency. USD/JPY hit 81.05 on Wednesday, the...
Read MoreForex Pros – U.S. stocks were mixed after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.36%, the S&P 500 index gained 0.30%, while the Nasdaq 100 index declined 0.32%....
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