GBP/USD – Pound Remains Subdued Ahead of US and British GDP Reports
GBP/USD has shown little movement since Tuesday, as the pair trades at 1.2340. On the release front,...
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Greece Wants Speedy Conclusion on Reforms
Greek Prime Minister Alexis Tsipras said on Thursday Athens wanted a speedy conclusion to a now-stal...
Le Pen Facing Funding Issues
National Front leader Marine Le Pen is struggling to raise the 20 million euros ($21 million) she ne...
Five Things to Watch Today
It’s a bad day for European banks, Blackstone ends its ‘endless’ fund, and oilR...
Nationalization Likely For Monte Paschi
Banca Monte dei Paschi di Siena SpA will probably fail to lure sufficient demand for a 5 billion-eur...
USD/CAD – Canadian Dollar Under Pressure Ahead of Canadian CPI, Retail Sales
The Canadian dollar continues to drop against its US counterpart. On Thursday, USD/CAD has edged hig...
Euro, Italian Shares Up on Monte Paschi Rescue Hopes
European markets were poised for one last burst of action before the end of the year on Thursday, wi...
USD/JPY – Yen Steady as Markets Eye US GDP
USD/JPY is showing limited movement in the Thursday session. Currently, the pair is trading at 117.5...
EUR/USD – Euro Edges Higher Ahead of US Final GDP
The euro has posted slight gains on Thursday, as EUR/USD trades at 1.0450. On the release front, the...
XAU/USD – Gold Steady, Markets Eye Final GDP
Gold is showing little movement in the Wednesday session. In North American trade, the spot price fo...
WTI/USD – US Crude Edges Lower as Crude Inventories Jumps
US crude has recorded small losses on Wednesday, erasing the gains made in the Tuesday session. In N...
China, OPEC and Trump to Drive Commodity Prices in 2017
It’s that time of year when crystal balls get taken out and polished up, but forecasting commo...
Italian Parliament Green Lights 20B Plan to Prop Up Banks
Italy’s parliament gave the green light on Wednesday for a 20 billion euro ($20.8 billion) pla...
US Home Sales Jumped in November to Reach 10 Year High
U.S. home resales unexpectedly rose in November, reaching their highest level in nearly 10 years, li...
GBP/USD – Pound Subdued, US GDP Looms
GBP/USD has edged lower in the Wednesday session. Currently, the pair is trading slightly below the ...
Trump’s Infrastructure Spending Questioned
It’s not at all clear that President-elect Donald Trump’s plans to spend massively on in...
UK Government Borrowing Comes in Higher Than Expected
Government borrowing was higher than expected at £12.6bn in November as the growth in income tax re...
US Mortgage Applications Rise Despite Higher Rates
U.S. mortgage application activity rebounded from its lowest level since January despite interest ra...
VIX Falls to 11.5 Close to Yearly Low
The CBOE Volatility Index (.VIX), fell below 11.5 Tuesday to its lowest level since Dec. 8, coming w...
Spanish and Italian Banks Take a Pummelling
It’s been another slow start to trading on Wednesday with the festive period well and truly upon u...