Category: Forex Market Update
The euro climbed to a one-month high against the U.S. dollar on Wednesday after an economic survey showed that euro zone’s manufacturing activities expanded sharply in July; however, any further gains are unlikely since...
Stocks managed to post small gains on Monday after struggling initially, with the S&P 500 closing at yet another record high. Investors’ sentiment, however, remain subdued as they digested some mixed earnings reports and...
The U.S. dollar slipped against the yen on Friday as risk-averse investors booked profits ahead of the upper house elections in Japan, scheduled over the weekend. Typically, whenever Japanese equities fall sharply, investors tend...
Stocks slipped in trading on Tuesday, with the S&P 500 and the Nasdaq snapping an eight-day winning streak. All three benchmark indexes edged lower on Tuesday as market participants digested some mixed economic data...
The U.S. dollar traded sharply higher against most traded currencies on Monday as investors waited for closely watched, U.S.’s retail sales data for the month of June, which is expected to show a solid...
Stocks ended higher in a choppy trading session on Friday, with all three major indexes finishing the day in green. Stocks also rose sharply for the week. The Dow Jones ended the day 0.02%...
Stocks surged in trading on Thursday, with the Dow Jones and the S&P 500 closing at record high levels, as comments from Federal Reserve Chairman Ben Bernanke on the central bank’s $85 billion a...
The U.S. dollar traded broadly lower on Thursday after the dovish remarks from the Federal Reserve Chairman Ben Bernanke suggested that the bank’s extremely accommodating policy- the $85 billion worth monthly bond purchase program,...
U.S. equities held modest gains by mid-day trade on Monday, as lack of economic data or earnings results kept investors somewhat quite; however, European equities rallied amid reports that Greece will be offered next...
The U.S. dollar index eased on Monday, as investors booked profits after the index climbed to a 3-year high in the Asian trading session.; nonetheless, market analysts expect the U.S. dollar to carry on...