Asian Equities Higher Following U.S. Lead
Asian equities followed Wall Street higher on Friday, but apprehension about Greece’s bailout ...
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USD in Retreat Ahead of NFP
The USD continues to come under fire from slower growth concerns after a month of disappointing data...
GBP/USD – Pound Climbs as US Jobless Claims, Trade Balance Disappoint
The pound rally continues in high gear, as GBP/USD has gained over 100 points on Thursday. In ...
USD/CAD – Canadian Dollar Jumps as Trade Balance Beats Expectations
The Canadian dollar continues to show strong movement this week, posting strong gains on Thursday....
AUD/USD – Steady as Retail Sales Meets Expectations
AUD/USD is showing little movement on Thursday, as the pair trades just shy of the 0.78 line. On the...
USD/JPY – Yen Flat on Mixed US Data
The Japanese yen has been listless all week and the lack of activity has continued on Thursday. In...
Gold Shows Slight Losses as Jobless Claims Beats Expectations
Gold prices are slightly lower on Thursday, as the metal is trading at a spot price of $1262.42. In...
EUR/USD – What’s Bad for Europe Is Good for the Euro
ECB says it will not accept Greek debt as collateral German central banker critical of Greece EU inc...
EUR/USD – Strong Gains on Strong German Manufacturing Report
The euro has gained over 100 points on Thursday, reversing the direction we saw a day earlier. In...
West TX Oil Back Below $49 on Record High Stockpiles
Oil extended losses on Wednesday, reversing a four-session rally after U.S. crude inventories jumped...
Gold Back Above $1270 on China Easing
Gold rose for a second session on Thursday after China moved to cut banks’ reserve requirement...
EUR/USD Drops Below 1.1350 on Renewed Greece Worries
The euro took a spill early on Thursday after the European Central Bank said it will no longer accep...
PBOC Cuts Bank Reserves
China’s central bank increased its economic stimulus measures even further Wednesday amid grow...
China Stocks Higher after PBOC
Chinese equities rallied on Thursday after the People’s Bank of China (PBoC) jumped on the eas...
ECB Rejects Use of Greek Debt
The European Central Bank has revoked a waiver that allowed banks to use Greek government debt as co...
Speculation Mounts of Further BOJ Easing
The reported appointment of well-known monetary reflationist Yasushi Harada to the Bank of Japan (BO...
Markets Becoming More Wary of Central Banks
From Switzerland to Singapore, central banks around the world kept markets on their toes with unexpe...
GBP/USD Bank of England Expected to Hold Rates
Only 91 days until the U.K. general election Minutes showed last MPC meeting voted 9-0 for holdin...
GBP/USD – Pound Extends Gains on Strong Services PMI
The pound continues to point gains on Wednesday, as GBP/USD trades slightly above the 1.52 line i...
USD/CAD – Canadian Dollar Slides as Ivey PMI Sinks
The Canadian dollar has posted sharp losses on Wednesday, as USD/CAD is trading in the mid-1.25 ...