Forex Pros — The U.S. dollar was higher against the Swiss franc on Monday, climbing to a daily high as ongoing fears over sovereign debt issues in the euro zone spurred demand for the safe haven greenback. USD/CHF hit...
Read MoreForex Pros — The euro tumbled to a record low against the Swiss franc on Monday, as ongoing concerns over the regions debt crisis and weaker-than-expected economic data spurred demand for safe haven currencies. EUR/CHF hit...
Read MoreForex Pros — European stock markets were sharply lower on Monday, as ongoing fears over the euro zone’s sovereign debt crisis weighed on market sentiment, while U.S. futures indexes pointed to a broadly lower open on...
Read MoreForex Pros — The U.S. dollar was broadly higher against its major counterparts on Monday, as ongoing fears over the sovereign debt crisis in the euro zone dampened demand for higher yielding assets, bolstering the...
Read MoreForex Pros — The pound slipped to a two-day low against the U.S. dollar on Monday, tracking the euro lower as concerns over unresolved debt issues in the single currency bloc curbed demand for riskier assets. GBP/USD hit...
Read MoreForex Pros — Manufacturing activity in the euro zone fell more-than-expected in May, dropping to a seven-month low, preliminary data showed on Monday. In a report, market research group Markit said that its preliminary...
Read MoreForex Pros — Crude oil futures were sharply lower on Monday, pressured by a broadly stronger U.S. dollar and amid concerns over a slowdown in demand from China, the world’s second largest oil consumer. On the New...
Read MoreForex Pros – Crude oil prices edged higher for a second consecutive week in volatile trade last week as buyers re-entered the market on short-covering ahead of June’s contract expiration and as concerns over a slowdown in...
Read MoreForex Pros – The Swiss franc strengthened against the U.S. dollar last week as concerns over sovereign debt issues in the euro zone boosted safe have demand and weaker-than-expected data weighed on the dollar.USD/CHF hit 0.8746...
Read MoreForex Pros – Last week saw gold prices climb to a one-week high on Friday, surpassing the USD1,500 an ounce mark, as simmering fears over the euro zone’s debt crisis boosted the safe haven appeal of the precious...
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