Spain Deflation Lower Than Reported Earlier
Spain’s statistics office says prices were 0.1 percent lower in March than the year before, sl...
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FX Forecasters View Eur at 1.45 in a Year
The latest poll suggested once again that the euro is set weaken over the coming year in anticipatio...
India’s Trade Deficit Widens in March
India’s trade deficit hit a five-month high in March as merchandise exports fell for a second ...
Gold Stops Rally After Positive US Producer Prices
Gold steadied near 2-1/2 week highs on Friday, heading for its best week in a month on sagging risk ...
Nikkei Drops to Post Fukushima Low
The Nikkei 225 finished its worst trading week since March 2011 on Friday as stocks sank to six-mont...
UK Chancellor Says Economy Has Proven IMF Wrong
George Osborne will on Friday round on detractors who said Britain’s economy could not grow am...
Putin Pressures West on $2.2 Billion Ukrainian Energy Debt
In a letter to the leaders of 18 European countries, Putinmade clear that his patience would run out...
Fitch Raises Portugal Rating to Positive
Rating agency Fitch raised its outlook on Portugal’s debt rating to “positive” fro...
NATO Says 40,000 Russian Troops Must Withdraw From Ukraine Border
Russia must withdraw its troops from the Ukrainian border and enter into sincere dialogue with the W...
US Accuses Russia of Using Energy As Coercion Tool
The US has accused Russia of using its energy supplies “as a tool of coercion” to try to...
Japan Approves Nuclear Power Plan
The Japanese government has approved an energy plan that backs the use of nuclear power, despite pub...
UK Construction Shrinks in February Weather Blamed
Output in the construction industry fell sharply in February as extreme weather halted work on build...
USD/JPY – Steady As Markets Eye US Inflation Data
The Japanese yen is showing little movement on Friday, as USD/JPY trades in the mid-101 line in th...
Curve Correction Is Squeezing Dollar Forex Traders
Diverging rates are expected to benefit the dollar – a hawkish Fed will trump a dovish Draghi ...
US Growth Engine No Longer Purring
The U.S. is resuming its role as an engine of global growth, this time one that just putt-putts alon...
Gold Showing Little Movement Ahead of Key US Data
Gold prices are steady in Friday trading, as the spot price stands at $1317 early in the European ...
Germany Soften Stance Against ECB QE Plans
Jens Weidmann has morphed from Dr. No into Mr. Maybe. After building a reputation as a nay-sayer on ...
Lira Weakens As Moody’s Lowers Turkey’s Outlook
Turkey’s lira weakened the most in three weeks, while bonds and stocks fell, as Moody’s ...
Short-term bottom at 0.937 seen for AUD/USD. Currently trading above 0.94. Chart – http://bit.ly/1qn6KUV
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Gold Technicals – Testing 1,315 Support
Gold prices have retraced a huge portion of yesterday’s gains after the break of 1,315. Howeve...