Forexpros – The U.K. economy contracted in line with expectations in the first three months of 2012, official data showed on Thursday.In a report, the U.K.’s Office for National Statistics said gross domestic product...
Read MoreForexpros – The pound erased gains against the U.S. dollar on Thursday, as expectations for concrete measures to counter the debt crisis in the euro zone faded ahead of the start of a two-day European Union summit.GBP/USD...
Read MoreForexpros – European stocks declined in choppy trade on Thursday, as market sentiment remained under pressure amid growing skepticism over the outcome of a European Union summit due to begin later in the day. During...
Read MoreForexpros – The New Zealand dollar rose to a one-week high against its U.S. counterpart on Thursday, as better-than-expected U.S. economic reports boosted market sentiment although investors remained cautious ahead of a...
Read MoreForexpros – U.K. house prices fell unexpectedly in June, taking the annual pace of house price growth to the lowest reading since August 2009, industry data showed on Thursday.In a report, U.K. mortgage lender Nationwide...
Read MoreForexpros – The euro pushed higher against the U.S. dollar on Thursday, ahead of a European Union summit, but the single currency remained vulnerable as few expected concrete progress on tackling the region’s...
Read MoreForexpros – Asian stocks traded higher on Thursday after better-than-expected housing data hit the wire in the U.S. Solid demand for durable goods in the U.S. sparked the risk-on trading session in Asia as well, though...
Read MoreForexpros – Gold prices were flat to lower in Asian trading Thursday in quiet trading as investors waited on the sidelines to see if leaders at a European Union summit will brush off political concerns and agree on fiscal...
Read MoreForexpros – Crude oil futures rose in Asian trading on Thursday after housing data surprised on the upside in the U.S., where strong durable goods orders also pointed to an economy that was recovering and in need of more...
Read MoreForexpros – The euro reversed losses against the dollar but traded jumpily Thursday as the market worried if a European Union summit will do little to stem the spread of the debt crisis, while new U.S. housing numbers...
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