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Britain's Pound surges after final services PMI
Tue, 05 Aug 2014 11:12:10 GMT
 
The Sterling rose against the US Dollar after the release of services PMI data in the UK. It had been forecast that the UK's services PMI would rise to 58. >>
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Reserve Bank of India keeps current rates to curb inflation
Tue, 05 Aug 2014 11:01:10 GMT
 
India's central bank reminded about the inflation threat to the country's growth on Tuesday and decided to hold the interest rates hoping to beat inflation once and for all. With the inflation already >>
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Gold futures climb, remain beneath $1,300
Tue, 05 Aug 2014 09:20:18 GMT
 
This Tuesday gold futures rose, driven by projections regarding the possibility of an increase in interest rates. Still, the price remained ranging below $1,300, as investors wait for further hints >>
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Italian Services PMI keeps rising
Tue, 05 Aug 2014 09:09:27 GMT
 
Driven by additional rises in new work within companies, the Italian business activity kept on rising in July. Although it had a solid increase to 52.8, it still represents a >>
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Won rises, reserves at record high
Tue, 05 Aug 2014 08:58:17 GMT
 
South Korea's Won appreciated for the second day in a row after the exporters repatriated their overseas income and foreign-exchange reserves grew to a record. The exports jumped 5.7% in July as compared to >>
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New Zealand Dollar steady against its US counterpart
Tue, 05 Aug 2014 08:47:10 GMT
 
The Kiwi held steady versus the Greenback, as demand for the US Dollar slowly recovered after the disappointing unemployment claims report on Friday. With more US data to be released >>
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Dollar unchanged, close to highs
Tue, 05 Aug 2014 08:36:09 GMT
 
The US Dollar was near a ten-and-a-half month high against other major currencies on early Tuesday as there was little volatility for the Dollar index and it stood at 81.320. The muted trade >>
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Japan exports drop, production raises concerns
Tue, 05 Aug 2014 08:25:15 GMT
 
The Bank of Japan policy makers are concerned about the signals of the vulnerability of the economy after a sales-tax increase. The Governor Haruhiko Kuroda is set to discuss this week the possibility >>
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Wall Street ends higher even with utilities faltering
Tue, 05 Aug 2014 07:53:17 GMT
 
The US shares finished higher on Monday as a late surge led by Berkshire Hathaway and followed by gains in most sectors allowed the S&P 500 recover from last week's >>
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Aussie slips as China services stagnate
Tue, 05 Aug 2014 07:42:43 GMT
 
The Aussie weakened for the first time in two days after the reports showed the activity of Chinese services stagnated first in many years. The Australian Dollar depreciated against all but one of >>
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USD/CHF stable on positive Swiss PMI
Mon, 04 Aug 2014 11:45:13 GMT
 
The Greenback was almost unchanged today versus the Swiss Franc following the issue of the favourable figures from Switzerland and as investors stayed cautious after the release of the U.S. employment report. USD/CHF reached >>
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Pound rises versus the Dollar after Construction PMI
Mon, 04 Aug 2014 11:15:11 GMT
 
Construction PMI dropped from the previous month to 62.4. However, despite the decrease from June's 62.6, the data released managed to surpass its 62.0 forecast. The Sterling rose by 0.07%, >>
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Won hits 4-month high on U.S. job data
Mon, 04 Aug 2014 11:04:11 GMT
 
South Korea's Won appreciated the most in nearly four months as the U.S. economy created fewer jobs in July than anticipated. The Won grew 0.7% to 1,029.75 per Dollar today, >>
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Dollar starts slow after exceptional July
Mon, 04 Aug 2014 10:53:10 GMT
 
The US Dollar had its largest daily fall in almost a month as there were disappointments from both the inflation and employment numbers. The Dollar index fell 0.2% on Friday, >>
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Gold futures rise with the Fed's rate in focus
Mon, 04 Aug 2014 10:42:10 GMT
 
As traders assess the possibility of higher interest rates in the US, gold futures rose on Monday. Due to disappointing unemployment figures, traders are wary that interest rates in the >>
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