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UK Pound fell against the Dollar ahead of trade balance
Fri, 08 Aug 2014 14:57:54 GMT
 
As the trade balance in the UK is expected to remain in the red, the Sterling dropped to its lowest price in two months against the Greenback. The Cable fell >>
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Euro rises due to geopolitical distresses
Fri, 08 Aug 2014 09:13:07 GMT
 
The Euro managed to recover from yesterday's plummet, caused by Draghi's speech, which threw the common currency near to its lowest value in nine months. The Euro climbed by 0.27% >>
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Crude climbs as air strikes in Iraq are authorized
Fri, 08 Aug 2014 09:02:13 GMT
 
Both Brent and West Texas Intermediate rose as the US President Barack Obama has authorised Iraq air strikes. The futures for September had a considerable rise with the Brent increasing 1.3% and the >>
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Gold climbs as conflict intensifies in Iraq
Fri, 08 Aug 2014 08:50:10 GMT
 
Tension in the Middle East and Ukraine keep on concerning traders, therefore causing gold to rise to its highest price in three weeks. Gold rose by 0.7% to 1,322.14, reversing >>
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USD/JPY drops following Bank of Japan statement
Fri, 08 Aug 2014 08:39:07 GMT
 
The Greenback slid to two-and-a-half week lows versus the Yen today, after investors secured profits, following the U.S. Dollar latest rally due to an array of favourable U.S. data, whereas the BoJ left >>
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RBA cuts growth and inflation forecasts
Fri, 08 Aug 2014 08:28:12 GMT
 
The Reserve Bank of Australia reduced the growth and inflation projections amid steeper decrease in the mining investment and said the interest rates will be preserved at the same level. The Central Bank >>
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Bank of Japan retains monetary policy, hints at lower exports
Fri, 08 Aug 2014 08:17:08 GMT
 
The Bank of Japan kept its promise to increase the base money with asset purchases of about 60-70 trillion yen per year. Further, the central bank added that it plans >>
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Greenback jumps on jobless claims, growth limited
Fri, 08 Aug 2014 08:06:11 GMT
 
U.S. jobless claims data overshoot the expectations thus upholding the U.S. Dollar over all of its major counterparts. However the growth is limited due to the global geopolitical risks, which cap the Greenback's >>
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China's trade surplus reaches record
Fri, 08 Aug 2014 07:43:08 GMT
 
The Chinese trade surplus was larger than forecast at $47.3 billion as there now is more reason to believe that the growth target of 7.5% will be reached. This surplus number was the >>
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US unemployment claims drop
Thu, 07 Aug 2014 16:28:16 GMT
 
During the previous week less people filed applications for jobless benefits, causing July's average to fall to the lowest value in eight years. This means that the labour market keeps >>
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Russia bans food imports from US, EU and others
Thu, 07 Aug 2014 16:17:13 GMT
 
Russia's President Vladimir Putin issued a ban on food imports on Wednesday from the countries that have recently imposed sanctions against Russia. With the EU being the country's largest importer >>
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ECB leaves minimum bid rate untouched
Thu, 07 Aug 2014 16:06:22 GMT
 
As it was expected, the European Central Bank did not change the minimum bid rate, keeping it at 0.15%. In the meantime, marginal lending facility rate was also unchanged at >>
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Gold climbs driven by tension in Ukraine
Thu, 07 Aug 2014 10:58:08 GMT
 
As the tension in Ukraine intensified, with Russian troops gathering close to Ukraine's border, the higher demand for safe-haven triggered an increase in gold futures. Gold for December rose to >>
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Euro stable against Greenback ahead of ECB meeting
Thu, 07 Aug 2014 10:36:14 GMT
 
The common currency remained steady versus the Greenback, trading just above the nine-month lows before the conclusion of the ECB meeting later today. EUR/USD was traded at 1.3378, off yesterday's level of 1.3332, the >>
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Yen drops after impulsive rise
Thu, 07 Aug 2014 09:52:07 GMT
 
The Japanese Yen fell against the other majors, after suddenly rising due to concerns regarding the ongoing tension in Ukraine. The US Dollar rose to 102.37 from 102.1 against the >>
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