Monthly archive May, 2019

Homebuilder confidence has improved by much more than anticipated in the month of May, according to a report released by the National Association of Home Builders on Wednesday. The report said the NAHB/Wells Fargo Housing Market Index climbed to 66 Read More →

A report released by the Commerce Department on Wednesday showed no change in U.S. business inventories in the month of March. The report said business inventories were virtually unchanged in March after rising by 0.3 percent in February.Original Article Read More →

The U.S. dollar held steady on Wednesday, due largely to weak economic data out of China.Original Article Read More →

Industrial production in the U.S. unexpectedly showed a notable decrease in the month of April, according to a report released by the Federal Reserve on Wednesday. The Fed said industrial production fell by 0.5 percent in April.Original Article Read More →

The U.S. dollar exhibited strength against most major currencies on Tuesday even as traders continued to weigh the likely impact of U.S.-China trade conflict on the global economy and digesting the latest batch of economic data.Original Article Read More →

The U.S. dollar lost ground against the Japanese yen and Swiss franc with traders opting for safe haven currencies amid mounting worries about an escalation in U.S.-China trade tensions.Original Article Read More →