Janet Yellen Upbeat on US Economy Except Housing
Federal Reserve Chair Janet Yellen is upbeat on the U.S. economy for the most part, but there’...
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Oil Drops After Profit Taking From Weak Inventories
West Texas Intermediate fell by the most in three days, dropping from a one-week high reached yester...
EUR – ECB Holds Rates at 0.25 Percent Despite Deflation Fears
The European Central Bank (ECB) has kept its benchmark interest rate at a record low of 0.25%. Persi...
GBP – Bank of England Holds UK Rates at 0.5 Percent
UK interest rates have been held at the record low of 0.5% for another month by the Bank of England....
Gold Recovers Slightly From Week’s Low
Gold traded above this week’s low in New York as investors weighed the outlook for U.S. stimulus w...
AUD/USD – Aussie Jumps on Australian Employment Numbers
AUD/USD has posted strong gains on Thursday, as the pair knocks on the door of the 0.94 line in ...
USD/JPY – Little Movement Ahead of Unemployment Claims
USD/JPY has edged lower on Thursday, as the pair trades in the mid-101 range. In economic news, Fede...
Can Draghi Stop The EUR Ride Higher?
Part of the forex short-term market move conundrum was answered yesterday after Fed Chair YellenR...
Gold Flat Ahead of ECB Announcement
Gold is quiet in Thursday trade, after sharp losses a day earlier. In the European session, the spo...
EUR/USD – Euro Firm Ahead of ECB Announcement
EUR/USD has edged higher on Thursday, as the pair trades in the low-1.39 range in the European ses...
EURUSD edges higher to 1.3920, AUDUSD surges to 0.9380, GBPUSD up to 1.6965, USDJPY at 101.75, gold at 1291
Content is for general information purposes only. It is not investment advice or a solution to buy o...
AUD/USD hits two week high above 0.9380 after positive China trade data
Content is for general information purposes only. It is not investment advice or a solution to buy o...
China Data Leads Asian Equities Higher
Asian shares rebounded on Thursday following the previous day’s sharp sell-off as investors ch...
Brent Oil around $108 after China Data
Brent crude hovered around $108 a barrel on Thursday, holding onto most of the gains from the previo...
U.S. Dollar is Steady before ECB Meeting
The dollar was steady against major currencies in Asia on Thursday, as traders refrained from aggres...
Analysts Remain Cautious after China Trade Data
China’s exports and imports rose in April from the year-ago period, government data showed on ...
China Exports Up 0.9%
China’s exports rose unexpectedly in April compared with the same month a year earlier, in a m...
Yellen Sees Ongoing Low Borrowing Costs
Federal Reserve Chair Janet Yellen said on Wednesday that the US economy is improving but noted that...
Asian Equities Higher after China Trade Data
Asian shares got a lift on Thursday from dovish comments by the U.S. Federal Reserve chief and upbea...
China’s Trade Unexpectedly Rises
China’s exports and imports (CNFRIMPY) unexpectedly rose in April, helping leaders put a floor und...