U.S. Dollar Struggles
The dollar remained lower versus the yen and euro before U.S. data today that may signal a mixed rec...
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U.S. Building Permits Jump in October
Building permits climbed in October to the highest level in more than five years, signaling the U.S....
EUR/USD at 1.3570 on ECB Speculation
The euro strengthened against most major peers amid speculation the European Central Bank won’t ad...
USD/CAD at 1.0540 as Crude Oil Fluctuates
The Canadian Dollar traded at almost a four-month low against its U.S. counterpart as the price of c...
EUR/USD at 1.3570 as U.S. Dollar Struggles
The U.S. dollar wallowed at one-week lows against a basket of major currencies on Wednesday, undermi...
EZ Looking at Role Reversal
Stocks in weaker euro zone countries like Spain and Italy look set to outperform their stronger peer...
Beijing’s Reform May Adversely Affect the Yuan
After a positive year for the yuan, Beijing’s reform drive may knock the Chinese currency off ...
EURUSD rallies to 1.3570, AUDUSD likewise to 0.9130, GBPUSD up to 1.6210, USDJPY at 101.30, gold at 1243
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GBP/USD – Little Movement As BOE Says No Rate Hikes on Horizon
The British pound is showing little movement on Tuesday, as the pair trades in the high-1.61 range. ...
USD/CAD – Modest Gains As US Posts Mixed Numbers
USD/CAD has edged higher on Tuesday, as the pair trades in the mid-1.05 range. There was mixed news...
Oil Range Bound Before Crude Inventory Report Could Show a Gain
West Texas Intermediate fluctuated amid forecasts that a report tomorrow will show that U.S. crude s...
London Fix Under Review
Every business day in London, five banks meet to set the price of gold in a ritual that dates back t...
Japan Ends Rice Output Controls
The Japanese government decided Tuesday to end its decades-long policy of protecting rice farmers by...
UK Service Sector Hiring At Record Pace
British service sector firms are hiring new staff at the fastest rate in six years and are planning ...
Berlusconi Does Not Commit To Support Italian PM
Italy’s centre-right leader Silvio Berlusconi said on Tuesday his party was still undecided on...
BoE Governor Says Unemployment Does Not Dictate Rate Hike
The Bank of England will be in no hurry to raise interest rates even when unemployment falls to the ...
US Housing Permits Rise to 5 Year High
Permits for future U.S. home construction rose to their highest level in nearly 5-1/2 years in Octob...
UK Chancellor Asks BoE To Take More Control of Banking Sector
The chancellor, George Osborne, has asked the Bank of England to review whether it needs more power ...
Youth Unemployment Accelerates Widespread Poverty According to OECD
igh levels of youth unemployment will lead to widespread poverty in old age as young people struggle...
BoE Carney Troubled by RBS Lending Practices Allegations
Bank of England governor Mark Carney says the latest allegations against Royal Bank of Scotland are ...