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Dollar Displays Strength Against Rivals

The U.S. dollar displayed immense strength on Wednesday after most of its peers shed ground amid concerns about growth.Original Article Read More →

Dollar Gains Against Major Rivals On Results, Economic Data

The U.S. dollar rose against most of its major rivals and Tuesday and the dollar index surged to a 22-month high, with upbeat results and an unexpected jump in new home sales triggering the move up north.Original Article Read More →

U.S. Industrial Production Unexpectedly Edges Lower In March

Reflecting a notable decrease in mining output, the Federal Reserve released a report on Tuesday showing U.S. industrial production unexpectedly edged lower in the month of March. The report said industrial production dipped by 0.1 percent.Original Article Read More →

German Investor Confidence At 13-month High

Germany's investor confidence rose sharply in April and topped economists' expectations, raising hopes of a rebound in the biggest euro area economy, but a sharp deterioration in the current assessment suggest that the outlook is set to remain greatly subdued Read More →

U.S. Homebuilder Confidence Shows Modest Improvement In April

A report released by the National Association of Home Builders on Tuesday showed a modest improvement in U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index inched up to 63 in April Read More →

Dollar Mostly Steady Against Major Rivals

The U.S. dollar was fairly steady against most major currencies on Tuesday, with traders reacting to a mixed batch of economic data from the U.S. and Europe and reports that several ECB members felt economic projections for Eurozone growth were Read More →