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Monthly archive August, 2018

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USD finds support on higher yields; Euro finds some reprieve
FX News 11046
6 years ago admin

USD finds support on higher yields; Euro finds some reprieve

After two days of sharp declines over Thursday and Friday of last week, the euro took some reprieve on Monday. EURUSD is however re-heading south so far this morning, with the currency pair currently trading at 1.14 just off yesterday’s Read More →

U.S. Weekly Jobless Claims Unexpectedly Edge Down To 213,000
FX News 11046
6 years ago admin

U.S. Weekly Jobless Claims Unexpectedly Edge Down To 213,000

First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended August 4th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 213,000, a decrease of 6,000 from Read More →
Euro suffers pressure on Turkey contagion fears
FX News 11046
6 years ago admin

Euro suffers pressure on Turkey contagion fears

Global shares fell on Friday as geopolitical concerns pushed the Turkish lira to a record low against the dollar and rattled investors.

The Dow Jones Industrial Average closed almost 200 points lower erasing its gains for the month of Read More →

U.S. Producer Prices Unexpectedly Flat In July
FX News 11046
6 years ago admin

U.S. Producer Prices Unexpectedly Flat In July

A report released by the Labor Department on Thursday showed producer prices unexpectedly came in unchanged in the month of July. The Labor Department said its producer price index was unchanged in July after rising by 0.3 percent in June.Read More →
U.S. Wholesale Inventories Unexpectedly Inch Up 0.1% In June
FX News 11046
6 years ago admin

U.S. Wholesale Inventories Unexpectedly Inch Up 0.1% In June

Wholesale inventories in the U.S. saw a slight increase in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories inched up by 0.1 percent in June after rising Read More →
Cryptocurrency Daily Roundup – Aug. 9
FX News 11046
6 years ago admin

Cryptocurrency Daily Roundup – Aug. 9

Bitcoin and its peers extended their downward trend Thursday morning, as market sentiment remained damped by the news that the US regulator postponed its decision on a Bitcoin ETF to next month. However, a prominent Bitcoin bull Dan Morehead, CEO Read More →

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