US Dollar Rallies Following FOMC Minutes
The US dollar was back in the driver’s seat on Thursday, with the EUR/USD declining sharply following news that Greece made a crucial loan...
Crude Oil Pushes Higher as Demand Improves
The price of oil advanced for a second consecutive day on Tuesday, after Saudi Arabia increased pricing to Asia in a sign that demand...
EUR/USD Edges Higher as Greece Raises Cash to Cover Loan Payment
The euro advanced against its US counterpart on Wednesday, as Greece raised cash to cover its April 9 loan payment to the International Monetary...
US Service Economy Slows in March: ISM
The US service economy expanded at a steady rate in March, as new orders and international business grew at a faster rate.
The Institute for...
USD Weekly Outlook: April 6 – 10
The US dollar declined nearly 1% against a trade-weighted basket of currencies on Friday, as the economy added just 126,000 jobs in March, the...
US Nonfarm Payrolls Fall Below 200,000 for First Time in 14...
US job creation stalled unexpectedly in March, as inclement weather and weak corporate earnings resulted in the weakest pace of hiring since December 2013.
Nonfarm...
US Jobless Claims Approach Lowest Level in 15 Years
The number of Americans filing for first-time unemployment benefits declined more than expected last week, a sign the labour market was continuing to improve.
Initial...
EUR/USD Posts 100-Pip Rally
The euro rallied sharply against its US counterpart on Thursday, as the European Central Bank emphasized its commitment to carrying out its massive bond-buying...
US Economy Adds 189,000 Jobs in March: ADP
US employment growth cooled more than forecast in March, as the economy failed to add more 200,000 jobs for the first time in over...
UK Fourth Quarter GDP Revised Upward
UK gross domestic product rose faster than initially forecast in the fourth quarter, a sign the economy was progressing briskly amid regional volatility and...
EUR/USD Retreats as Eurozone CPI Declines
The EUR/USD declined sharply on Tuesday, falling more than 100 pips in intraday trade as Eurozone inflation continued to trend in negative territory in...
US Personal Income Outpaces Expectations in February
Personal income in the US rose faster than forecast in February, although personal spending increased slightly less than expected, a sign more Americans were...
EUR/USD Weekly Outlook (Mar. 30 – Ap. 3)
Several high profile data releases are on the docket for the EUR/USD this week. The pair successfully rebounded from 12-year lows over the past...
US Q4 GDP Unrevised at 2.4%
US economic growth slowed in the fourth quarter, as weaker business spending and lower inventories weighed on economic activity despite a strong uptick in...
EUR/USD Under Pressure as Greek Bailout Crisis Weighs
The euro was little changed against its US counterpart Friday after declining more than 70 pips in the European session, as fresh concerns over...
PMI Points to Rebounding US Economy
The US economy is regaining momentum at the end of the first quarter after a temporary slowdown, with business activity rising to its highest...
US Dollar Falls Further Behind as Durable Goods Orders Tumble
The US dollar continued to edge lower on Wednesday, as durable goods orders declined unexpectedly in February, adding further evidence the economy was slowing amid global...
US Dollar Little Changed Following Stronger CPI
The US dollar was little changed against a basket of trade-weighted currencies on Tuesday, as stronger than forecast consumer price inflation failed to generate...
US Dollar Index Pacing for Biggest Weekly Drop Since 2011
The US dollar weakened on Friday and is pacing for its biggest weekly decline since 2011, as the currency markets continued to oscillate following...
Faster Price Growth Dampens US Existing Home Sales: NAR
US existing home sales rose less than forecast in February, as price growth reached its highest level in a year, suggesting a difficult spring...
