Bank of England Maintains Overnight Rate at 0.5% for 6th Straight...
The Bank of England made no changes to monetary policy on Thursday, as policymakers voted once again to keep interest rates at record lows...
US Economy Adds 212,000 Jobs in February: ADP
Job growth in the United States weakened in February, although employers continued to add more than 200,000 jobs for the 13th consecutive month in...
EUR/USD Plummets ahead of ECB Press Conference
The euro declined sharply against its US counterpart on Wednesday, as investors turned their attention to the European Central Bank’s monthly monetary policy meetings,...
The World Bank: A Trader’s Guide
Set up as a primary part of the 1944 Bretton Woods agreement, the World Bank is one of the most important international economic organizations...
US Personal Spending Declines for Second Straight Month
Consumer spending in the United States declined for a second consecutive month in January as incomes increased slower than expected, a sign consumers were...
EUR/USD Rebounds as Eurozone Deflation Slows
The euro was trading higher against its US counterpart Monday, as stronger than expected Eurozone CPI and unemployment data suggested the struggling currency region...
US Economy Slows in Q4, but Consumer Spending Remains Strong
The US economy slowed more than initially expected in the fourth quarter, as weaker business inventories and a widening trade gap weighed on economic...
EUR/USD Stabilizes at 1.12 Following US Data Deluge
The EUR/USD climbed to an intraday high of 1.1249 before falling sharply back toward the 1.12 handle. The pair was stabilized around 1.1208, advancing...
EUR/USD Little Changed as Goldman Sachs Lowers Forecast
The euro posted modest gains against the US dollar on Wednesday, although upside was limited after international investment bank Goldman Sachs lowered the common...
Fed’s Yellen Hints at 2015 Rate Hike, but Stresses Patience
The Federal Reserve could begin normalizing interest rates this year, but won’t rush to do so amid tepid wage growth and tame inflation, central...
EUR/GBP at 7-Year Lows Ahead of Carney, Draghi Remarks
The EUR/GBP sunk to fresh seven-year lows on Tuesday, as the beleaguered euro continued to struggle amid ongoing talks between Greece and its EU...
A Trader’s Guide to Futures – Part 2
In the first section of this guide we took a look at what a futures contract actually is, and how it works at a...
German Business Confidence Rises in February: Ifo
German business confidence improved again in February, rising for the fourth consecutive month in the latest sign Europe’s largest economy was recovering from last...
Eurozone Finance Ministers Resume Emergency Negotiations on Greece Bailout
Eurozone finance ministers met in Brussels on Friday for another round of negotiations to bridge the gap between Greece and its EU paymasters after...
EUR/USD Weekly Outlook
The euro was trading cautiously on Monday, following a week of uncertainty that ended with Greece securing a short-term loan extension in exchange for...
Canadian Dollar Retreats on Declining Energy Prices
The Canadian dollar declined against its US counterpart on Wednesday, as tumbling energy prices outweighed stronger than forecast growth in Canadian wholesale sales.
The loonie...
Bank of England Votes Unanimously to Keeping Interest Rates Low
Lawmakers at the Bank of England voted unanimously to keep interest rates at a record low at this month’s policy meetings, although signs of...
Eurozone Finance Ministers Resume Greece Bailout Talks as EU Deadline Approaches
The financial markets were on edge on Tuesday, as the pressure mounted on Eurozone finance ministers to reach an agreement over Greece’s loan program.
Greek...
GBP/USD Edges Lower amid Plunging UK Inflation
The British pound edged lower against the US dollar on Tuesday, as UK inflation fell to its lowest level since 1989, although core inflation...
EUR/USD Loses 1.14 Handle as Eurogroup Talks Yield No Results
The euro declined against its US counterpart Monday after Greek and Eurozone finance ministers were unable to reach an agreement about Greece’s bailout program,...
