Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Wednesday, as ongoing concerns over Greece’s sovereign debt dented investor demand for riskier assets. During European morning trade, the...
Read MoreForex Pros – The pound pared gains against the U.S. dollar on Tuesday, after U.K. inflation data came in as forecast, further dampening expectations for a near-term interest rate hike by the Bank of England. GBP/USD pulled away...
Read MoreForex Pros – The euro extended gains against the U.S. dollar on Tuesday, after an array of upbeat Chinese economic data boosted market sentiment but the single currency remained under pressure as uncertainty over a bailout for...
Read MoreForex Pros – Sugar futures rallied for a fourth day on Tuesday, hitting a nine-week high as a combination of lingering concerns over sugar crops in Brazil, worries over shipping delays from Thailand and a weaker U.S. dollar...
Read MoreForex Pros – The U.S. dollar pushed higher against the Swiss franc on Tuesday, after a flurry of upbeat Chinese economic data boosted market sentiment and dampened demand for safe haven assets. USD/CHF hit 0.8404 during European...
Read MoreForex Pros – European stock markets were sharply higher on Tuesday, as a string of Chinese economic data helped lift market sentiment, while U.S. futures indexes pointed to a higher open on Wall Street. During European...
Read MoreForex Pros – The U.S. dollar was lower against its major counterparts on Tuesday, as upbeat Chinese economic data boosted demand for higher-yielding assets but concerns over Greece’s debt crisis tempered the euro’s...
Read MoreForex Pros – Consumer price inflation in the U.K. was unchanged in May, hovering at the highest level since September 2008, official data showed on Tuesday. In a report, the U.K. Office for National Statistics said that the rate...
Read MoreForex Pros – Crude oil futures snapped two days of declines on Tuesday, easing off a one-month low after data showed China’s industrial production grew more-than-expected in May, while a weaker U.S. dollar also lent...
Read MoreForex Pros – The pound rose to a three-day high against the U.S. dollar on Tuesday, ahead of the release of U.K. data on consumer prices which was expected to show that U.K. inflation has remained above target. GBP/USD hit...
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