GBP/USD Approaching 5-Week Lows as Wage Data, BOE Minutes Weigh
The British pound declined sharply against its US counterpart on Wednesday, as tepid wage growth and a dovish Bank of England pushed the GBP/USD...
US Dollar Back on Its Feet After Broad Selloff
The dollar’s bullish uptrend resumed on Thursday, as the markets continued to absorb the Federal Reserve’s latest rate statement opening the door to a...
Brent Crude Tumbles as Oversupply Remains In Focus
Oil prices declined on Thursday after an OPEC minister signalled that output would remain elevated, raising speculation the global oil glut would persist for a...
BOE Votes 9-0 in Keeping Rates at 0.5%
The Bank of England voted unanimously in keeping interest rates at record lows in March, expressing concerns that a stronger British pound would keep...
EUR/USD Gains Traction as Eurozone Recovery Accelerates
The euro advanced for a second consecutive day against its US counterpart on Tuesday, as German investor confidence reached a 13-month high in March,...
US Dollar Edges Lower in Anticipation of Fed Meetings
The US dollar declined across the board on Monday, easing off 12-year highs ahead of the Federal Open Market Committee policy meetings.
The US dollar...
GBP/USD Weekly Outlook
The GBP/USD plunged to more than four-and-a-half year lows last Friday, as monetary policy speculation outweighed disappointing US economic data and lifted the dollar...
EUR/USD under Pressure as Greek Debt Talks Continue
The euro was back on its heels on Friday, as European Commission president Jean-Claude Juncker met with Greek Prime Minister Alexis Tsipras in a...
US Consumer Sentiment Reaches 4-Month Low in March
US consumer confidence declined unexpectedly this month, reflecting renewed concerns about weak income expectations and rebounding gas prices.
The Thomson Reuters/University of Michigan preliminary consumer...
Declining Retail and Business Sales Point to Slowdown in US Consumer...
US retail sales declined for a third consecutive month in February, while business inventories were unchanged in January amid a further drop in sales,...
Dollar Index: March to 100 Continues
The US dollar soared against a basket of trade-weighted peers on Tuesday, edging closer to the 100 mark as a top Federal Reserve official...
US Dollar Approaches Key Milestone
The US dollar resumed its upward climb on Wednesday, setting another 12-year high as it approached a key milestone against a basket of trade-weighted...
Cable Breaks below 1.50, Trading at 6-Week Lows
The British pound fell to six-week lows against the US dollar on Thursday, extending losses from the previous session that followed weaker than forecast...
Crude Prices Slump, Supply Glut Back in Focus
The price of crude oil declined on Tuesday following several weeks of stability, a sign speculators were still concerned about rising global inventories after...
Greece, EU to Resume Bailout Talks on Wednesday
Negotiations between Greece and its European Union paymasters will resume on Wednesday, after another day of negotiations tested the patience of Eurozone partners.
The European...
Eurozone Investor Confidence Reaches Highest Level since 2007: Sentix
Investor confidence in the Eurozone surged in March, reaching the highest level since 2007, signaling a definite end of the recession in the currency...
Greece Threatens Referendum Ahead of Eurozone Ministerial Meetings
Tensions between Greece and its EU paymasters escalated over the weekend, after Athens’ anti-austerity coalition said it would call a referendum or a new...
US Employment Grows Faster Than Forecast in February
US job creation accelerated in February, as the unemployment rate plunged to a fresh six-and-a-half year low, adding further assurance the labour market was...
EUR/USD Falls Below 1.09, as ECB, Nonfarm Payrolls Weigh
The euro plunged to fresh 12-year lows against the US dollar on Friday, as recent comments from European Central Bank President Mario Draghi continued...
EUR/USD Hits 11-Year Low as Draghi Outlines QE Program
The euro fell to fresh 11-year lows against the US dollar on Thursday, declining for a third consecutive day on the news that the...
