FX News

UK GDP Growth Flattens In August

The UK economy stagnated in August as the increase in industrial production was offset by a contraction in construction and farm sectors, the Office for National Statistics reported Wednesday. Gross domestic product remained unchanged after expanding 0.4 percent in July. Read More →

U.S. Producer Prices Rebound Amid Increase In Prices For Services

With an increase in prices for services offsetting a modest drop in prices for goods, the Labor Department released a report on Wednesday showing producer prices in the U.S. rose in line with economist estimates in the month of September.Read More →

U.S. Wholesale Inventories Jump More Than Expected In August

A report released by the Commerce Department on Wednesday showed a bigger than expected increase in wholesale inventories in the U.S. in the month of August. The Commerce Department said wholesale inventories jumped by 1.0 percent in August after rising Read More →

South Korea August Current Account Surplus $8.44 Billion

South Korea had a current account surplus of $8.44 billion in August, the Bank of Korea said on Thursday - roughly in line with expectations and down from $8.79 billion in July.Original Article Read More →

Cryptocurrency Daily Roundup – Oct. 10

Cryptocurrencies, led by Bitcoin, are trading with losses Wednesday morning amid a lack of any major positive news. In news, internet giant Google alluded to cryptocurrency mining in its latest advertisement for its Call Screen service. This move made crypto Read More →

USD hesitant and stages small pullback; euro takes a breather this morning

After reaching out for fresh highs on Tuesday, the USD is looking subdued this morning as it corrects lower, however changes are very marginal so far. On Tuesday price action on the US Dollar index reached highs of 96.16, Read More →