Brent Oil Rallies Above $102 on Geopolitical Tensions
Brent crude oil rose on Monday and U.S. crude fell in light trading, as support from geopolitical te...
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German Business Morale Drops
Fears of a German economic slowdown were further heightened on Monday, as a key business survey fell...
Sales of New U.S. Homes Fall a Second Straight Month
Sales of new U.S. single-family homes fell for a second straight month in July, but a surge in the s...
EUR/USD Drops to 1.3180 after ‘Groundbreaking’ Draghi
European markets cheered dovish words by Mario Draghi at the start of the week, after the president ...
EURUSD steady around 1.3190, AUDUSD retreats to 0.9300, GBPUSD eases to 1.6570, USDJPY at 104.05, gold at 1277
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Bank of Canada Won’t Follow Fed’s Lead on Rates
Bank of Canada Governor Stephen Poloz wants to make something perfectly clear: When the Federal Rese...
GBP/USD – Pound Posts Gains in Subdued Holiday Trade
The British pound is firm on Monday, as GBP/USD trades in the high-1.65 range in the North American ...
USD/CAD – Steady as US New Home Sales Softens
USD/CAD is trading quietly on Monday, as the pair is trades in the mid-1.09 range in the North Ameri...
AUD/USD – Aussie Steady as US Housing Data Dips
AUD/USD is stable, as the pair trades just below the 0.93 line in the North American session. On the...
BOJ Kuroda Says Japan Still on Track Despite Setbacks
Bank of Japan Gov. Haruhiko Kuroda stressed Friday that there is no need to change the central bankâ...
BOJ Governor Wants Companies to Raise Wages
The Bank of Japan’s current aggressive monetary easing should provide a basis for companies to...
USD/JPY Hits 104 After Kuroda and Yellen
The U.S. dollar stayed in the lower 104 yen zone in Tokyo on Monday, moving narrowly due to a lack o...
Gold Speculators Reduce Positions by 13%
Investors are exiting the gold market on speculation that signs of sustained U.S. economic growth wi...
China Gold Imports Drop as Demand Weakens
China’s gold imports from Hong Kong in July fell by 42 percent from a month earlier as an anti-cor...
Oil Rises After Libya Risk Back in Play
Brent crude reversed losses to trade little changed in London amid continued turmoil in Libya and Ir...
Five Pending Items About Scottish Independence
The second Scottish independence debate between Better Together’s Alistair Darling and Yes Sco...
Russian Tanks Spotted in SE Ukraine
A column of Russian tanks and armored vehicles has crossed into Ukraine’s far southeast, away ...
ECB Boosts Stocks and Drags Euro
European stocks rallied and the euro fell to near a one-year low against the dollar on Monday as exp...
German Business Sentiment Drops in August
German business sentiment dropped for a fourth straight month in August as concerns about the Ukrain...
ECB Draghi Needs European Nations to Be More Involved
The European central bank is ready to do more to boost the shaky recovery in the 18 countries that u...