GBP/USD Drops to 1.60 on BOE Bets
The pound is losing ground against the dollar as traders bet the Bank of England is likely to trail ...
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U.S. Economy Expands at 3.5%
The U.S. economy expanded more than forecast in the third quarter, validating the optimism that prom...
U.S. Yields Lower after Lackluster Sale
The Treasury Department auctioned $29 billion in seven-year at a high yield of 2.018 percent, the lo...
Japan Nationwide Core CPI Up 3%
Japan’s nationwide core consumer prices rose 3 percent in September from a year ago, data on F...
Japan core CPI rises 3% in September
Content is for general information purposes only. It is not investment advice or a solution to buy o...
U.S. Dollar Enjoying Support from Fed and GDP
The U.S. dollar on Thursday extended recent gains to a 3-1/2-week high, boosted by unexpectedly stro...
Brent Oil Below $86 on U.S. GDP
Brent crude oil slipped below $87 a barrel on Thursday as expectations that U.S. interest rates may ...
Gold at $1199 after Positive Comments from Fed
Gold settled at its lowest level in nearly 4 weeks on Thursday after the Federal Reserve ended its b...
Asian Equities Looking to Finish the Week Well
Asian stocks are headed for a strong session on the final trading day of the week following positive...
U.S. 3Q GDP up 3.5%
A smaller trade deficit and a surge in defense spending buoyed U.S. economic growth in the third qua...
Europe’s Automakers May Have Turned Corner
After a six-year slump, car sales in Europe are on the up and, thanks to forecast-beating results th...
Greenspan Talks Up Gold
The world has no shortage of doom-saying economists ready to advise investors to stock up on gold ag...
Looking for Clues to BOJ’s Next Move
The Bank of Japan (BoJ) is set deliver its closely-watched biannual economic Outlook Report at Frida...
EURUSD steady at 1.2620, AUDUSD rallies to 0.8845, GBPUSD edges up to 1.6010, USDJPY at 109.20, gold at 1199
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Japan Likely to Miss its Inflation Target
Japanese Prime Minister Shinzo Abe won his nation’s elections in late 2012 with bold promises. One...
GBP/USD – Pound Stabilizes After Sharp Drop
GBP/USD is showing limited movement on Thursday, as the pair trades just above the 1.60 level in...
USD/CAD – Limited Movement as US Posts Solid GDP
The Canadian dollar is stable on Thursday, as USD/CAD trades just shy of the 1.12 line in the Nort...
Japan’s Cabinet to Create a Supplementary Budget to Stimulate Economy
Prime Minister Shinzo Abe is likely to instruct Cabinet ministers concerned to compile a supplementa...
USD Rallies After End of QE
Central banks around the world are giving investors the green light to buy the dollar, pushing it to...
Oil Drops After FOMC and Strong Inventories
West Texas Intermediate retreated from a one-week high after the Federal Reserve ended its asset-pur...