economic news
US Dollar Benefits from Economic Data, Weaker Growth Forecasts in Germany
Commodities markets saw some selling pressure this week, with oil making its first weekly loss since the beginning of November as broad strength in the
Euro Closes Higher Versus Dollar as Greek Agreements Look Likely
The Euro was one of the biggest gainers on the week, posting its largest gains against the Japanese Yen in more than 9 months and
Yen Falls to Six Month Lows as BoJ Intervention Looms
One of the most significant asset moves in recent weeks could be seen in the Japanese Yen (JPY) has now fallen to new six month
Gold Higher, Euro Lower as Markets Assess Uncertainty
Oil made gains this week after consumer confidence data out of the US showed its highest levels in 5 years, giving commodity traders something to
Political Events Create Potential Downside Risk for Australian Dollar, S&P 500 in the Coming week
CFD traders saw some interesting activity this week, as market focus was centered on a few different areas. Trading volumes were light as US markets
Oil Stabilizes on Reports of Disruptive Weather
Oil showed signs of stabilizing after trading under pressure for the past two weeks, and this is coming largely as a result of the latest
Weak Earnings Reports Send Markets Lower
Treasury markets were higher and equity markets in the US were lower to end the week, showing another “largest drop since June” scenario. Most of
Euro Lower as Central Bank Commentary Fails to Inspire
The Euro finished the week lower relative to most of the majors as investors overlooked recent comments from the European Central Bank to instead focus
Commodities Lower after Economic Data
Oil prices posted their third straight weekly drop as investors largely shrugged of positive economic data (which should be encouraging for energy prices on improved
Euro Lower, Dollar Higher as Economic Data Disappoints
The Euro is trading lower against the US Dollar after the latest Chicago Purchasing Manager’s Index and Consumer Sentiment data showed that confidence levels and
