Forex Pros – The U.S. dollar eased off a two-week low against the yen on Monday, but gains were limited amid concerns over the outlook for U.S. growth and fears over a possible restructuring of Greek debt.USD/JPY hit 80.96...
Read MoreForex Pros – Last week saw gold prices climb to a three-week high on Friday, as the combination of a broadly weaker U.S. dollar, ongoing worries over Greece’s sovereign debt and renewed concerns about unrest in the Middle...
Read MoreForex Pros – The broadly stronger Swiss franc surged to a record high against the U.S. dollar on Friday, as a combination of concerns over the outlook for U.S. economic growth and euro zone sovereign debt issues weighed on risk...
Read MoreForex Pros – The U.S. dollar closed the week trading at a two-week low against the yen on Friday, as concerns over slower U.S. growth after a flurry of worse-than-expected economic data weighed on the greenback.USD/JPY hit 82.21...
Read MoreForex Pros – Last week saw the U.S. dollar close lower against its major counterparts after weak economic data added to concerns that growth is slowing and underlined the view that the Federal Reserve will keep monetary policy...
Read MoreForex Pros – U.S. stocks were up after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.31%, the S&P 500 index gained 0.41%, while the Nasdaq 100 index climbed 0.45%. Earlier...
Read MoreForex Pros – Switzerland’s KOF economic barometer remained unchanged unexpectedly last month, data showed on Friday. In a report, the KOF Economic Research Agency said that its economic barometer remained unchanged at a...
Read MoreForex Pros – Asian stocks were mixed after the closing bell on Friday. At the close of Asian trade, Japan’s Nikkei 225 index fell 0.42%, Australia’s S&P/ASX 200 index gained 0.40%, while Hong Kong’s Hang...
Read MoreForex Pros – The U.S. dollar was broadly lower against its major counterparts on Thursday, as risk appetite recovered following reports of possible Chinese interest in buying bailout bonds for Portugal. During European afternoon...
Read MoreForex Pros – The pound held gains against the U.S. dollar on Thursday, trading close to a two-week high but further gains were capped amid concerns over the uneven nature of the U.K. economic recovery GBP/USD hit 1.6334 during...
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