EURUSD eases back to 1.3200, AUDUSD settles around 0.9170, GBPUSD likewise around 1.5625, USDJPY at 99.80, gold at 1393
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US Trade Deficit Widens in July
The US trade deficit widened in July as exports fell and the nation bought more cars and car parts f...
Some FX Half-Time Results So Far This Week
• Despite FX volume and volatility having both picked up in the first few days of September both g...
GBP/USD – Pound On A Roll As Services PMI Shines
The British pound continues to rise, buoyed by another excellent PMI release on Wednesday. GBP/USD h...
USD/CAD – Canadian Dollar Improves, Tests 1.05
The Canadian dollar has posted gains against the US currency on Wednesday. USD/CAD is testing the 1....
Bank of Canada Maintains Rate at 1 Percent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per...
UK All Sector Services Index Reaches 15 Year High
Britain’s recovery is on track to outstrip the rest of Europe following a strong performance b...
Spain Services Grow For First Time in 2 Years
Spain’s service sector grew in August for the first time since June 2011, a survey showed on W...
Euro Zone Business Activity Reaches Strongest Level in 2 Years
Euro zone business activity in August was at its strongest level since June 2011, figures released o...
Pollsters Love Merkel But Historically They Overestimate Voters by 7 Percent
Eight years ago Angela Merkel stared gloomily at the election results with disbelief when her party ...
German Economic Rebound Does Not Carry Over To Europe
Whenever Germany thrived, so did the rest of Europe. But that long-held belief is being questioned b...
Merkel Goes on the Offensive At Home Warns Voters That A Vote for the Competition Will Raise Taxes
Angela Merkel urged Germans on Tuesday to re-elect her “clever” government, saying it wo...
Economic And Social Statistic On Italy 3 Quarters Of The Population Need to Lunch at Home
Of all the statistics available on Italy and its varied economic problems, few are as eye-opening as...
China Removes Top Regulator on Anti-Corruption Charges
A powerful regulator with strong ties to China’s state-owned oil companies has been removed fr...
IMF Warns Emerging Markets As Vulnerable to US Fed Tapering
Advanced economies led by the United States will increasingly drive global growth while emerging cou...
Reserve Bank of India Incoming Chief Says Economy “Fundamentally Sound”
The new governor of the Reserve Bank of India, Raghuram Rajan, said on Wednesday the country’s...
ECB On Track for Bank Supervision According to Asmussen
The European Central Bank will be able to begin its new banking supervision role on time if European...
Japan Budget For Next Year At Record $995 Billion
Japan’s government ministries made budget requests totaling a record 99.3 trillion yen ($994.9...
Indian Rupee Recovers on New RBI Chief And Suspected Intervention
The Indian rupee staged a sharp recovery on Wednesday after suspected heavy dollar selling by the ce...
India Services Activity Falls to 2009 Low Questions Strength of Economic Fundamentals
Indian services activity shrank in August at its quickest pace since the depths of the global financ...