Forex Pros – The euro slipped to a three-day low against the pound on Tuesday, after a U.K. government report showed that consumer price inflation jumped to a two-and-a-half year high last month. EUR/GBP hit 0.8682 during...
Read MoreForex Pros – European stock markets were down on Tuesday, as worries over the euro zone’s sovereign debt crisis remained in focus, while U.S. futures indexes pointed to a higher open on Wall Street. During European...
Read MoreForex Pros – Consumer price inflation in the U.K. rose more-than-expected in April, climbing to the highest level since September 2008, official data showed on Tuesday. In a report, the U.K. Office for National Statistics...
Read MoreForex Pros – The U.S. dollar was broadly higher against its major counterparts on Tuesday, as concerns over possible euro zone sovereign debt restructuring eased, and risk sentiment strengthened.During European morning...
Read MoreForex Pros – Crude oil futures were down for a second day on Tuesday, as concerns over the pace of the U.S. economic recovery added to fears of a slowdown in demand from the world’s largest oil consumer. On the New...
Read MoreForex Pros – The pound extended losses against the U.S. dollar on Monday, falling to a daily low as uncertainty over possible euro zone sovereign debt restructuring added to overall risk aversion and lifted the greenback....
Read MoreForex Pros – The euro was trading close to a six-week low against the U.S. dollar on Monday, ahead of the resumption of talks by European Union finance ministers to discuss further financial assistance to Greece and...
Read MoreForex Pros – The U.S. dollar slipped to a daily low against the Swiss franc on Monday, as the arrest of International Monetary Fund chief Dominique Strauss-Kahn on sexual assault charges added to existing uncertainty about...
Read MoreForex Pros – utures Pros – Corn futures were up for a third day down on Monday, as persistent rain in key U.S. corn-growing regions threatened to further delay planting in the U.S.On the Chicago Mercantile Exchange,...
Read MoreForex Pros – The euro edged higher against the pound on Monday, but gains were limited amid uncertainty ahead of a meeting of European finance leaders on efforts to resolve the region’s sovereign-debt problems later...
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