Forex Pros – Manufacturing activity in the U.K. fell more-than-expected in May, dropping to the lowest level since September 2009, official data showed on Wednesday. In a report, market research group Markit said that its U.K....
Read MoreForex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, while the euro advanced, boosted by hopes for an agreement on Greek austerity plans and progress towards a bailout package. During...
Read MoreForex Pros — The pound eased off a four-week high against the U.S. dollar on Tuesday, as a relief rally sparked by reports that Germany could make concessions to facilitate a new bailout package for Greece waned ahead of...
Read MoreForex Pros — Wheat futures tumbled to a three-day low on Tuesday, after Russia announced that it would let a ban on wheat exports expire on July 1, alleviating concerns over tightening global supplies. On the Chicago...
Read MoreForex Pros — The euro extended gains against the U.S. dollar on Tuesday, rising to a three-week high, following reports that Germany could make concessions to facilitate a new bailout package for Greece. EUR/USD hit 1.4424...
Read MoreForex Pros — The Swiss franc pulled back from a record high against the U.S. dollar on Tuesday, after official data showed that the Swiss economy grew more-slowly-than-expected in the first quarter. USD/CHF pulled back...
Read MoreForex Pros — The euro rallied to an almost one-month high against the broadly weaker yen on Tuesday, as concerns over a Greek sovereign debt default eased and after ratings agency Moody’s placed Japan’s...
Read MoreForex Pros — The euro zone’;s unemployment rate held steady in April, official data showed on Tuesday. In a report, Eurostat said that the euro zone’s unemployment rate remained unchanged at a seasonally...
Read MoreForex Pros — Consumer price inflation in the euro zone declined unexpectedly in May, preliminary data showed on Tuesday. In a report, Eurostat said consumer price inflation rose by a seasonally adjusted 2.7% in May, after...
Read MoreForex Pros — European stock markets posted sharp gains on Tuesday, as shares in the financial sector led gains amid hopes for a resolution to Greece’s debt woes, while U.S. futures indexes pointed to a higher open on...
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