Tag: gdp
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...
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/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,...
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...
EUR/USD Edges Higher Amid Greek Bailout Talks, Disappointing US Data
The EUR/USD advanced for a second consecutive day on Friday as Greece resumed talks with its Troika of creditors, while the US dollar continued...
Forex Economic Indicators: GDP
GDP, or Gross Domestic Product, is one of the most important economic indicators for forex traders, and all the major nations publish GDP data...
This Week’s Market Movers
The long-awaited announcement that the US Federal Reserve will finally begin tapering its QE programme boosted the dollar across the board last week. The...
Forex insights: The Loonie Strategy
“Don’t get impatient when it takes too long, or drink it all when it tastes too strong, I gotta feel alive even if it...