Tag: Forex Top Story
Japan Private Sector Contracts For First Time In 4 Months
Japan’s private sector fell into the contraction zone for the first time in four months in October, the Purchasing Managers’ survey compiled by S& [...]
European Economic News Preview: UK Retail Sales Data Due
Retail sales data from the UK is the major economic report due on Friday, headlining a light day for the European economic news.At 2.00 am ET, the Off [...]
China Exports To Remain Strong In Near-Term: Capital Economics
China’s exports are set to stay strong in the near-term, underpinned by gain in export competitiveness, economists at Capital Economics said.Data rele [...]
European Economic News Preview: UK GDP Data Due
Monthly GDP estimates, industrial production and foreign trade from the UK and final inflation from Germany are the top economic news due on Friday.At [...]
U.S. Consumer Sentiment Index Unexpectedly Decreases In October
A report released by the University of Michigan on Friday showed an unexpected deterioration by U.S. consumer sentiment in the month of October.The Un [...]
Germany Factory Orders Sink 5.8% In August
Germany’s factory orders declined at a faster-than-expected pace in August, preliminary figures from data Destatis showed on Monday.Incoming new order [...]
Yen Rises On Middle East Worries
The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Middle East worries persisted and investors awaited th [...]
U.S. Consumer Sentiment Improves More Than Previously Estimated In September
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by more than previously estimated in the [...]
European Economic News Preview: Eurozone Economic Confidence Data Due
Economic confidence from the euro area and flash inflation from Germany are due on Thursday, headlining a busy day for the European economic news.
At [...]
European Economic News Preview: Eurozone Private Sector Credit Data Due
Private sector credit from the euro area and consumer sentiment from France are the top economic news due on Wednesday.
At 2.00 am ET, retail sales [...]
Pound Rises As Traders Await Fed Powell, BoE Bailey Speeches
The British pound strengthened against other major currencies in the European session on Friday, as trader’s braced for Fed Chair Jerome Powell’s Jac [...]
U.S. Dollar Declines As Powell Indicates Imminent Rate Cut
The U.S. dollar lost ground against its major counterparts in the New York session on Friday, as Chair Jerome Powell’s speech reinforced expectations [...]
Bank Indonesia Keeps Rates On Hold For Fourth Session
Bank Indonesia retained its interest rate for the fourth straight session on Wedneday as inflation is estimated to remain within the target range.
T [...]
NZ Dollar Rises As Traders Focus On Fed Rate Outlook
The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday, as traders looked ahead to the release of July FO [...]
NZ Dollar Rises Amid Risk Appetite
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday amid risk appetite, as stronger than expected U.S. [...]