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NEW YORK - Wall Street hit levels not seen since 2003 on Wednesday, with the Dow Jones Industrial Average plunging below the 8,000 mark amid a dour economic outlook from the Federal Reserve and worries over the fate of Detroit's three automakers. A ...
Read moreThe forex markets continue to stay in tight range today despite some big surprises from inflation data from US and UK. US PPI dropped sharply by 2.8% mom in Oct, biggest fall since the series began in 1947. Year over year rate was down from 8.7% to 5 ...
Read moreThe reports did little to alter the general perception that the U.S. economy is struggling but analysts said the inflation data may give investors some comfort that the Federal Reserve may not have to change interest rates at its next meeting. The ...
Read morePFGBEST.com announced that its BESTDirect MetaTrader4 (MT4) forex trading platform has surpassed expectations in its premier and is now being broadly marketed in the electronic forex trading industry. Hundreds are already using the MT4 platform and ...
Read moreNov 14 - European And US Data Reflect Dueling Recessions, Rate Expectations Fuel Volatility Next Week (Forex Video) Nov 14 - A Tentative Rebound In Risk Appetite Starting To Unsettle Congestion, Boost The Dollar And Yen Nov 14 - US Dollar: Retail ...
Read moreOverall outlook in the markets remains unchanged in early US session. Dollar is generally firm in tight range despite another week of poor job data from US. Yen retreats mildly on intervention speculations but is still in favor to extend rally. Euro ...
Read moreNEW YORK, (Reuters) - The U.S. dollar and the yen rose against the euro Friday as a gloomy global economic outlook added to worries on Wall Street, raising investor demand for safe-haven assets. Adding to pressure on the euro was data confirming that ...
Read moreNEW YORK, Nov 14 (Reuters) - The U.S. dollar and the yen rose against the euro on Friday, underpinned by safe-haven bids amid a deteriorating global economic outlook and losses on Wall Street. The moves partly reversed sharp losses in the previous ...
Read moreNov 18 - British Pound Could Tumble on BOE Minutes, US Dollar Faces Risks From US CPI, FOMC Minutes (Forex Video) Nov 18 - Currency Trading Markets Remain Highly Correlated to Dow Jones, Crude Oil Prices Nov 18 - US Dollar to Sell Off Before Trend ...
Read moreBy Naomi Tajitsu LONDON, Nov 19 (Reuters) - The yen strengthened broadly while the dollar steadied on Wednesday as deepening unease about the world economy put stock markets back under downward pressure. Growing concern over the U.S. auto industry ...
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