FX News

U.S. Trade Deficit Unexpectedly Narrows Amid Jump In Exports

A report released by the Commerce Department on Wednesday showed the U.S. trade deficit unexpectedly narrowed in the month of February amid a jump in the value of exports. The Commerce Department said the trade deficit narrowed to $49.4 billion.Read More →

China Economic Growth Steady In Q1

China's economy grew at a stable pace in the first quarter of this year, defying expectations for a modest easing, led by robust investment, preliminary data from the National Bureau of Statistics showed on Wednesday. Gross domestic product grew 6.4 Read More →

Fed’s Beige Book Paints Positive Picture But With Notable Caveats

A report released by the Federal Reserve on Wednesday said U.S. economic activity expanded at a slight-to-moderate pace in March and early April. The report, known as the Beige Book, is a compilation of anecdotal evidence on economic conditions in Read More →

Dollar Stays Mostly Weak Against Major Rivals

The dollar exhibited slight weakness against most of its key rivals on Wednesday, as global growth worries eased a bit after data showed China's GDP saw a steady growth in the first quarter of 2019.Original Article Read More →

U.S. Wholesale Inventories Edge Up Less Than Expected In February

After reporting sharp increases in U.S. wholesale inventories in the two previous months, the Commerce Department released a report on Wednesday showing inventories rose by less than expected in the month of February.Original Article Read More →

New Zealand Inflation Rises Just 0.1% In Q1

Inflation in New Zealand was up 0.1 percent on quarter in the first quarter of 2019, Statistics New Zealand said on Wednesday.Original Article Read More →