Can the ECB Talk Down The EUR?
The euro has taken a beating from comments by the European Central Bank that currency strength is a ...
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S&P Revises Portugal Rating to Stable
Standard & Poor’s on Friday revised its outlook on Portugal to stable from negative and k...
UK Output Almost At Pre-Crisis Levels
The U.K.’s economic output will top its pre-crisis peak in the next few months, according to a...
Russian Victory Parade Timing Will Rub Ukraine The Wrong Way
Tanks rumbled across Red Square and fighter jets screamed overhead on Friday in Russia’s bigge...
Ukraine Refuses Russian Gas Price Hike
Ukraine will not pay in advance for Russian gas at Gazprom’s new, higher price, the Ukrainian ...
UK Manufacturing Grows 1.4 Percent in First Quarter
UK manufacturing output grew by 1.4% in the first quarter of the year, the strongest quarterly pace ...
Canada Loses 28,900 Jobs in April
Canada’s job market continued its volatile trend in April, shedding about 29,000 positions when mo...
GBP/USD – Pound Slips As Manufacturing Data Disappoints
The British pound continues to lose ground on Friday, as GBP/USD has dropped below the 1.69 line in...
Gold Drifting As Unemployment Claims Shine
Gold is listless in Friday trade, with a spot price of $1292.48 in the European session. A strong Un...
EUR/USD – Euro Backtracks Sharply As ECB hints at June Move
The euro had plenty of punch on Thursday, as the currency came within a whisker of the 1.40 line, on...
Gold – Settles Around $1290
Gold for Friday, May 9, 2014 Over the last few days gold has just eased back a little from around $1...
EURUSD drops sharply to 1.3840, AUDUSD eases back to 0.9370, GBPUSD falls to 1.6930, USDJPY at 101.65, gold at 1290
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Yellen Says Minimum Wage Increase Could Have Negative Effect
In testimony before a Senate committee on Thursday, Fed Chair Yellen said a minimum wage increase wo...
Pro-Russian Rebels Ignore Putin Command to Postpone Referendum
Pro-Moscow separatists in eastern Ukraine ignored a public call by Russian President Vladimir Putin ...
US Sanctions Russian Bank for Syrian Dealings
The United States on Thursday for the first time slapped sanctions on a Russian bank for its dealing...
ECB: The Contrarian vs Market Consensus
Today’s EUR volatility is a prime example of how the markets initial reaction of disappointmen...
GBP/USD – Steady As No Surprises From BOE
The British pound continues to trade quietly on Thursday, continuing the lack of activity seen a da...
USD/CAD – Gains for Loonie As Canadian Housing Starts Shines
The Canadian dollar has posted gains on Thursday, as USD/CAD trades in the mid-1.08 range in the N...
Chinese Premier Confident in 7.5 Percent Growth in 2014
China is confident about expanding its economy by around 7.5 percent this year, Premier Li Keqiang w...
US Jobless Claims Drop Give Boost To Employment Recovery
The number of Americans filing new claims for unemployment benefits fell more than expected last wee...