FX News

Hong Kong Financial Secretary Paul Chan on Wednesday scrapped measures intended to cool the property market, and raised the tax on high income earners to plug the hole in the budget. In the Budget Speech, Chan estimated economic growth of Read More →

Reflecting persistent uncertainty about the U.S. economy, the Conference Board released a report on Tuesday showing an unexpected deterioration in U.S. consumer confidence in the month of February. The Conference Board said its consumer confidence index slid to 106.7 in Read More →

The U.S. dollar turned in a lackluster performance on Monday with investors awaiting a slew of economic data, including the Fed's preferred gauge of inflation on Thursday for further clues on the prospects of early rate cuts.Original Article Read More →

The Turkish central bank left its benchmark rate unchanged at the first policy meeting under the governorship of Fatih Karahan after a slew of rate hikes, and signaled that the rate will be maintained at the current level or will Read More →

Existing home sales in the U.S. saw a significant rebound in the month of January, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales jumped by 3.1 percent to an annual Read More →

The U.S. dollar turned in a subdued performance on Thursday despite some strong economic data, and prospects of the Federal Reserve holding interest rates higher in the near-term.Original Article Read More →