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Forex news

New US Durable Goods Orders Rise

01:03 pm 2018-04-26

Reflecting another jump in orders for transportation equipment, the Commerce Department released a report on Thursday showing a bigger than expected increase in new orders for U.S. manufactured durable goods in the month of March. The Commerce Department said durable goods orders surged up by 2.6 percent in March after spiking by an upwardly revised 3.5 percent in February. Economists had expected durable goods orders to climb by 1.6 percent compared to the 3.0 percent jump that had been reported for the previous month.…More

The euro fell against its biggest rivals in the European session on Wednesday

04:19 pm 2018-04-25

The euro fell versus its biggest rivals in the European session on Wednesday as investors looked to the European Central Bank's interest rate meeting on Thursday, as policymakers widely expect no change in policy. Economists expect the bank to keep its key interest rate at a record low of zero percent and its deposit rate at -0.40 percent. The interest rate on marginal lending is expected to remain at 0.25 percent. The ECB is also expected to refrain from giving any hint about the future…More

​The US dollar rose against its major counterparts in the European session on Wednesday

12:52 pm 2018-04-25

The US dollar rose against its major counterparts in the European session on Wednesday, boosted by a steady rise in yields on US Treasuries, with the yield on the 10-year benchmark rising above 3% for the first time since the beginning of 2014. US Treasury yields were boosted by hopes of rising inflation, as rising oil prices and more hawkish trade policies could eventually boost prices. The rise in US Treasury yields was seen as a sign that the Federal Reserve may be aggressive in…More

Consumer confidence in France unexpectedly improved in April

07:45 am 2018-04-25

Consumer confidence in France unexpectedly improved in April, survey data from the statistical office showed Wednesday, and the consumer confidence index rose to 101 in April from 100 in March. The reading was expected to remain unchanged at 100. As in March, households reduced their expected financial position in March, and the corresponding index rose to -11 in April from -12. Households' views on their previous financial position deteriorated slightly further, with the index dropping to -26 from -24. The balance of household opinion on…More

Unexpected recovery in US consumer confidence in April

08:32 pm 2018-04-24

Released a report on Tuesday showing an unexpected rebound in consumer confidence in April. After reporting a decline in US consumer confidence in the previous month, The consumer confidence index rose to 128.7 in April from 127.0 in March, the report said. Economists had expected the index to fall to 126.1 from 127.7, which was announced the previous month. "Overall, confidence levels remain strong and indicate that the economy will continue to expand at a strong pace in the coming months," said Lin Franco, director…More

The yen fell against its major counterparts on Tuesday amid risk appetite

08:05 pm 2018-04-24

The Japanese yen fell against its major counterparts on Tuesday amid risk appetite as oil extended gains amid Middle Eastern tensions and the dollar steadied near its highest level since January on expectations of higher interest rates. Japan's producer prices rose 0.5% year-on-year in March, data from the Bank of Japan showed. This was in line with expectations and a fall from the revised 0.7 percent increase in February. The yen fell to a 5-day low of 152.00 against the pound from…More

The dollar fell against all of its major rivals on Tuesday

07:59 pm 2018-04-24

After several days of gains, the dollar is down against all of its major rivals on Tuesday. The weakness appears to be due to the continued rise in US Treasury yields, which exceeded 3% earlier in the day. This was the first time revenue has reached this level since 2014. The dollar fell to nearly $ 1.2235 against the euro on Tuesday afternoon, from an early high of $ 1.2181, and the pound fell to $ 1.3975 against the pound sterling this afternoon, from a…More

​Australias consumer price index rose in the first quarter of 2018

06:31 am 2018-04-24

Australia's consumer price index rose 0.4 percent in the first quarter of 2018, the Australian Bureau of Statistics reported on Tuesday. That was weaker than expectations at 0.5% and fell from 0.6% in the previous three months. On an annual basis, inflation rose 1.9% unchanged from the fourth quarter but below expectations of 2.0%. The RBA weighted average rose 0.5 percent on a year-on-year basis and 1.9 percent year-on-year, while the cut-off rate increased 0.5 percent year-on-year and 1.8 percent year-on-year Australian…More

existing home sales in the US increased in the month of March

03:15 pm 2018-04-23

A report released by the National Association of Realtors on Monday showed existing home sales in the U.S. increased by much more than expected in the month of March. NAR said existing home sales climbed by 1.1 percent to an annual rate of 5.60 million in March after surging up by 3.0 percent to a rate of 5.54 million in February. Economists had expected existing home sales to edge up by 0.2 percent. Existing home sales rose for the second consecutive month but are still…More

The growth of the private sector in the euro zone as well as Germany and France has expanded

08:50 am 2018-04-23

The eurozone private sector expanded at a steady pace in April, according to a survey from IHS Markit on Monday, with the composite output index remaining unchanged at 55.2 in March. The scores were expected to drop to 55.0. , And a score higher than 50 indicates the expansion of the private sector. The survey showed that the decline in new flows of orders, coupled with poor optimism about business expectations, suggests that growth may decline further in May, and the services PMI rose slightly to 55.0 from…More

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