GBP/USD at 1.6880 on Positive Sentiment
Positive sentiment surrounding the British economy has spurred a winning streak for the pound, but s...
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China’s Factory Activity Picks Up in April
China’s factory activity picked up slightly in April suggesting that the world’s second ...
EURUSD rallies and steadies around 1.3890, AUDUSD trades around 0.9290, GBPUSD rallies to 1.6875, USDJPY at 102.25, gold at 1291
Content is for general information purposes only. It is not investment advice or a solution to buy o...
GBP/USD – Pound Rises As US GDP Slips
The British pound is once again on the move, as GBP/USD has posted gains on Wednesday. In the N...
USD/CAD – Steady As Canadian GDP Slips But Matches Forecast
USD/CAD is not showing much movement on Wednesday, as the pair trades in the high-1.09 range in the ...
AUD/USD – Steady As Markets Await Fed Statement
AUD/USD has edged lower in Wednesday trading, as the pair trades in the mid 0.92-range in the North...
Canadian GDP Rises in February Led by Miners
Canada’s gross domestic product rose for a second month in February led by gains for copper an...
Russia Signs Deal With Austria To Circumvent Ukraine
Top Austrian and Russian energy conglomerates have signed an agreement expressing their commitment t...
Japan Industrial Output Rises 0.3 Percent in March
Japan’s industrial production index in March rose 0.3 percent from the previous month, backed ...
Bank of Japan Reaffirms 2 Percent Inflation Target
The Bank of Japan said Wednesday the country’s consumer prices will likely rise around 2 perce...
Japanese Poll Says Half of Firms See Recovery Next Quarter
Nearly one in two major Japanese companies expect the economy to return to a recovery track within a...
Gold Rebounds After Disappointing US GDP
Gold futures rebounded in New York after a government report showed U.S. economic growth stalled las...
Oil To Drop After Rise in Inventories
West Texas Intermediate headed for its biggest monthly loss since November on signs that crude inven...
Bank of Japan Cuts GDP Forecast
The Bank of Japan has cut its target for real gross domestic product (GDP) growth to +1.1 percent fo...
S&P Downgrades 15 European Banks
Ratings agency Standard & Poors said it has downgraded 15 European banks, including Barclays (B...
Fed Could Taper by $10 Billion Next FOMC
he Federal Reserve is expected to cut its bond-buying program by a further $10 billion on Wednesday ...
US Mortgage Applications Drop To 2000 Level Lows
Applications for U.S. home mortgages fell last week to their lowest level since December 2000 as bot...
USD/JPY – Yen Posts Gains On Mixed US Numbers
USD/JPY has moved lower in Wednesday trading, as the pair trades in the low-102 range. It’s a ...
US Private Sector Adds 220,000 Jobs in April
U.S. private employers added 220,000 workers in April, the highest amount since November and above a...
European Inflation Rises Yet Still Below Expectations
Euro zone inflation picked up in April, but remained below expectations, maintaining pressure on the...