Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Thursday, as a string of weaker-than-expected U.S. data fuelled speculation that the Federal Reserve may continue monetary easing in the months...
Read MoreForex Pros – Crude oil futures edged down on Thursday, hitting a six day low amid concerns over a slowdown in demand from the U.S., the world’s largest crude consumer, but prices remained support by a weak U.S. dollar. On...
Read MoreForex Pros – The pound fell to a one-week low against the U.S. dollar on Thursday, as weaker-than-expected U.K. manufacturing data reinforced expectations that the Bank of England will not raise interest rates until next year....
Read MoreForex Pros – The U.S. dollar was down against most of its major counterparts on Wednesday, ahead of the release of U.S. data on private sector employment, while the euro fluctuated amid uncertainty over Greek sovereign debt....
Read MoreForex Pros – The pound erased early gains against the U.S. dollar on Wednesday, falling to a three-day low after official data showed that manufacturing activity in the U.K. grew at its slowest rate in 20 months in May. GBP/USD...
Read MoreForex Pros – The euro erased gains against the U.S. dollar in choppy trade on Wednesday, retreating from a three-week high, following German media reports that the International Monetary Fund will not pay its share of aid to...
Read MoreForex Pros – Cotton futures were up for a second day on Wednesday, climbing to a three-day high on mounting concern that adverse weather in the U.S. and China would further tighten global supplies. On the ICE Futures U.S....
Read MoreForex Pros – The U.S. dollar was testing support a record low against the Swiss franc on Wednesday, after official data showed that Swiss retail sales rose sharply in April while the manufacturing sector picked up in May....
Read MoreForex Pros – The euro advanced to an eight-day high against the pound on Wednesday, after official data showed that manufacturing activity in the U.K. grew at its slowest rate in 20 months in May. EUR/GBP hit 0.8795 during...
Read MoreForex Pros – European stock markets were down on Wednesday, amid a combination of concerns over the pace of the global economic recovery and uncertainty over Greek sovereign debt, while U.S. futures indexes pointed to a lower...
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