Forex News and Rumors

UK Mortgage Lending Plunges 43% in January

Mortgage lending levels in the UK for the month of January were 43% lower than the same time one year ago. More

German Business Confidence Continues to Falter

The Ifo Institute for Economic Research at the University of Munich released its business climate index today and the results – based on a survey of 7,000 business executives – indicate that confidence in the German business community has dropped to a 26-year low. More

Asian Markets Fall as US Economy Worsens

Growing fears that the U.S. economy will continue to worsen drove Asian markets down sharply in mid-morning trading. Japan’s Nikkei index fell by 1.5 percent while Hong Kong’s Hang Seng dropped 3.5 percent. More

UK Retail Sales Continue to Fall

Retail sales in the UK continued to decline for the first half of February but at a slower pace than the previous month. More

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