Swiss to Vote in Gold Referendum Late November
A referendum that would force the Swiss central bank to hold a fifth of its assets in gold could roc...
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UK Industry Expects Growth to Slow down Towards Year End
Private sector growth in Britain slowed in the three months to October, a new report showed on Wedne...
UK and EU in Budget Payment Row
It’s been a very bad-tempered week in UK-European Union relations – and it looks as though v...
USD/CAD – Improving Loonie Shrugs off Weak Inflation Figures
The Canadian dollar has posted further gains on Wednesday, as USD/CAD trades in the mid-1.11 range...
Italy Puts Rating Agencies on Trial
An Italian court indicted officials from ratings agencies Standard & Poor’s and Fitch on ...
AUD/USD – Aussie Gains Continue as Markets Eye Federal Reserve
AUD/USD has posted modest gains on Wednesday, as the pair trades at the 0.89 line. The Australian d...
USD/JPY – Yen Stable as Japanese Manufacturing Data Shines
USD/JPY is calm on Wednesday, as the pair in the low-108 range late in the European session. On t...
Gold Rangebound as Markets Await Fed Statement
Gold continues to have a listless week. On Wednesday, the spot price per ounce stands at $1227.84....
EUR/USD – Stable Ahead of FOMC Statement
EUR/USD is quiet on Wednesday, as the pair trades in the mid-1.27 range in the European session. O...
FOMC to Play It Safe
Investors are content to sit on the sidelines, waiting for the Federal Reserve to wrap up its two-da...
EURUSD steady around 1.2740, AUDUSD up to 0.8875, GBPUSD steady at 1.6140, USDJPY at 108.05, gold at 1229
Content is for general information purposes only. It is not investment advice or a solution to buy o...
ECB Promotes Exodus as Euro Outflows at Record Pace
For European Central Bank President Mario Draghi, the price of a weaker euro to boost the economy an...
U.S. Consumer Confidence Increases to Seven-Year High
Consumer confidence advanced in October as Americans enjoyed further price drops at the gas pump and...
U.S. Dollar Lower on Durable Goods Before Fed
The Bloomberg Dollar Spot Index fell for a third day after orders for U.S. durable goods unexpectedl...
Oil Rallies on U.S. Consumer Optimism
West Texas Intermediate and Brent crudes advanced for the first time in three days after a report sh...
West TX Oil at $82.30 as Fuel Demand Seen Expanding
West Texas Intermediate crude rose for a second day as supply and economic data prompted speculation...
BOE’s Cunliffe: BOE Can Keep Record-Low Rate as Inflation Cools
Bank of England Deputy Governor Jon Cunliffe said slowing inflation and a bleaker outlook for the ec...
Gold Remains Near $1230 Before Fed Meeting
Gold held above a two-week low as investors assessed the health of the U.S. economy before the Feder...
USD/JPY Remains Above 108 Before Fed Interest-Rate Decision
The dollar held a three-day decline as signs of an uneven U.S. economic recovery caused investors to...
Japan Leads Asian Equities Higher
The Nikkei Stock Average was up 1.4%, with the dollar above ¥108, a level it broke through last Fri...