Tag: Economy
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,...
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...
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...
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...
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...
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...
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...
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...
Greece, Troika Resume Talks Following Eurogroup Breakdown
Greece and its Troika of international lenders resumed talks on Friday after the Hellenic Republic failed to reach an agreement with its European partners...
Australian Dollar Loses Traction Ahead of Employment Figures
The Australian dollar declined against its US counterpart Wednesday despite stronger than forecast consumer confidence and home loans figures, as the markets shifted their...
EUR/USD Holds Ground as Political Tensions Escalate
The euro was little changed against the US dollar on Monday, trading above 1.13 cents US ahead of the European Union meetings in Brussels....
