OANDA MP – Sluggish Growth Hits Euro (Video)
Senior Market Analyst Craig Erlam discusses today’s economic events and gives his analysis of ...
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Are We About to See the Return of the Consumer?
A six week winning streak in U.S. indices is on course to come to an abrupt end on Friday as this we...
Oil Drops Below $42, Markets Eye Key US Numbers
Crude oil prices continue to fall, as a barrel of WTI crude is trading $41.91 in Friday’s E...
EUR/USD – Slight Losses as Euro GDPs Within Expectations
EUR/USD has posted slight losses on Friday, as the pair has fallen under the 1.08 level. In the Euro...
Eurozone Seen Limping Towards Recovery in Q3
Europe is expected to open lower again on Friday as the sell-off in commodity markets continues to t...
USD/CAD Oil Price Drop Offsets Canadian Housing Prices
The tumble in the price of crude put downward pressure on the CAD that depreciated agains the USD. T...
US Retail Sales to Bring Clarity After Fedspeak Confusion
Strong Consumer Demand Needed to Make Case for Interest Rate Hike in December A day ahead of the rel...
USD/JPY – Yen Remains Steady, US Posts Mixed Employment Data
It’s been a quiet week for USD/JPY, which is trading at 122.70 in the North American session ...
AUD/USD – Aussie Higher After Stellar Australian Employment Data
The Australian dollar has posted gains on Thursday, as AUD/USD trades at the 0.71 line in the Nor...
Venezuela Says Informal OPEC Meeting Planned Ahead of December
Oil ministers of OPEC nations will hold “candid, informal” talks on Dec. 3, a day before...
Rising Global PMIs Could Signal Higher Commodity Demand
The recent uptick in purchasing managers’ indexes in both China and the developed world has le...
Gold Demand Hits Two Year High
Global gold demand hit its highest in more than two years in the third quarter as July’s price...
NZD/USD – New Zealand Dollar Steady, US Posts Mixed Job Numbers
NZD/USD has posted slight losses on Thursday, trading just above the 0.65 line in the North Am...
IMF Lagarde Calls Gulf Nations to Reform Economies
On a trip through a Gulf squeezed by low oil prices, the head of the International Monetary Fund rep...
Japan’s Abe Could Cut Corporate Tax Rate to 30% Early
Prime Minister Shinzo Abe vowed Wednesday to further cut Japan’s corporate tax rate in the nex...
Japan’s Wholesale Prices Slide 3.8% in October
Japan’s wholesale prices dropped 3.8 percent from a year earlier in October for the seventh st...
Japanese Core Machinery Orders Rise in September
Japan’s core private sector machinery orders rose a seasonally adjusted 7.5 percent in Septemb...
ECB Draghi Provides Hint But Little Else on December QE Move
Eager currency traders in the City of London were left disappointed Wednesday, with the president of...
WTI Crude – Support Broken But Momentum Lacking
WTI is on course to extend its losing streak to seven days while at the same time piling pressure on...
UBS Chairman Says QE Won’t Help Europe or Japan
Even lower interest rates and more quantitative easing would not solve the economic problems of both...