U.S. Manufacturing Picks Up
Manufacturing picked up in April after consumer spending surged the prior month, showing the U.S. ec...
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Australia Looking to Address Growing Debt
Australia may sell assets and cut welfare spending to rein in a debt burden that is already the seco...
PM Abe: Wages and Employment Key to Beat Deflation
Japanese Prime Minister Shinzo Abe said wages and employment must rise for his country to beat defla...
Japan Car Sales Decline
Vehicle deliveries last month in Asia’s second-largest auto market fell to the lowest since De...
EURUSD steady at 1.3870, AUDUSD drops to 0.9270, GBPUSD steady at 1.6890, USDJPY at 102.35, gold at 1284
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Gold Drops After Fed Taper and USD Positive Data
Gold fell 1% in thin trade on Thursday, a day after the Federal Reserve announced a further cut in i...
CAD Drops After US Weekly Jobless Claims
The Canadian dollar drifted lower against most major currencies in European deals on Thursday, as da...
Oil Drops After Supply Rises Due to Slow Demand
West Texas Intermediate oil fell to a six-week low after U.S. crude inventories extended a record hi...
Economist Estimates Pessimistic About US Growth
The economy likely contracted during the first quarter, according to a CNBC and Moody’s Analyt...
US Fed Predictable Taper Speaks of Confidence in the Economy
The Federal Reserve on Wednesday looked past a dismal reading on first quarter U.S. growth and gave ...
US Manufacturing Rises in April
U.S. manufacturing growth accelerated for a third straight month in April, an industry report showed...
US Consumer Spending Rises in March
U.S. consumer spending recorded its largest increase in more than four and a half years in March, ce...
GBP/USD – Surging Pound Hits Five-Year Highs
GBP/USD continues to look sharp, as the pair trades just below the 1.69 level in the European sessio...
GBP Rises After Strong UK PMI
The pound has hit a near five-year high against the dollar after a survey suggested that UK manufact...
USD/CAD – Limited Movement As Unemployment Claims Disappoints
USD/CAD is not showing much activity on Thursday, as the pair trades in the high-1.09 range in the N...
Little Interest In EUR GBP Or JPY Until NFP
May day holiday’s throughout much of mainland Europe is hurting risk appetite and condemning s...
AUD/USD – Slight Losses As US Posts Mixed Data
AUD/USD has edged lower in Thursday trading, as the pair trades in the high-0.92 range in the North...
USD/JPY – Little Movement As Unemployment Claims Jump
USD/JPY is steady on Thursday, as the pair trades in the mid-102 range late in the European session...
Gold Dips As Fed Trims QE
Gold prices continue to lose ground in Thursday trading, with the precious metal trading at $128...
EUR/USD – Euro Gains Continue As 1.39 in Sight
European markets are closed for the May 1 holiday on Thursday, but that hasn’t stopped the eur...