Category: Forex Market Update
The euro gained against the U.S. dollar on Tuesday after closely watched German ZEW Index showed that business outlook in Europe’s growth engine was improving consistently even as caution ahead of the Federal Reserve’s...
Stocks ended higher in trading on Friday even as investors digested some disappointing economic data. However, the gains were limited as investors wait for the Federal Reserve’s monetary policy meeting, which is scheduled to...
In spite of a release of two disappointing U.S. macroeconomic indicators, the dollar index remained higher on Friday as investors still expect the Federal Reserve to start winding down its quantitative easing ($85 billion...
The euro fell sharply against the U.S. dollar on Thursday after an economic survey showed that industrial output contracted in July. The common currency was last down 0.26% against the dollar to trade at...
Stocks ended on a mixed note in trading on Wednesday, with the Dow Jones and the S&P 500 finishing the day in green. The Nasdaq was dragged lower by a sharp pullback in Apple...
The yen, which fell to a seven-week low level against the U.S. dollar during Asian trading hours on Wednesday, bounced back as concerns over Syria resurfaced after President Obama said that a military action...
The U.S. dollar rose against major traded currencies on Tuesday as investors cut positions on safe-haven bets such as yen and bullion after Russia proposed that it will convince Damascus to let its chemical...
U.S. stocks closed on a mixed note on Friday, snapping a streak of three successive session gains as concerns over U.S. military intervention in Syria still linger after President Obama said to reporters that...
The U.S. dollar traded broadly lower after the Labor Department non-farm payrolls data showed that the U.S. economy added fewer-than-anticipated jobs in August, fanning speculation that the Federal Reserve might wait little longer before...
U.S. stock futures were slightly higher on Friday with market participants eagerly waiting for the release of non-farm payrolls data. At last check, futures on Dow Jones added 0.07%; those on NASDAQ 100 edged...