Forex News and Rumors

US Consumer Prices Unchanged for April

As predicted, US consumer prices remained unchanged for April despite a year over year loss of 0.7 percent since April 2008. Lower prices for energy and food offset increases in other consumer goods. More

US Industrial Output Falls 0.5%

In what is being seen as a positive sign pointing to a possible easing of the recession, industrial output decreased by 0.5 percent in April rather than the 1.7 percent as expected. This is the slowest pace of decline in manufacturing in the past six months following a 1.7 percent decline in March. More

Eurozone Declines 2.5% in First Quarter

The European statistics agency Eurostat announced today that the economies of the eurozone countries contracted by 2.5 percent for the first three months of 2009. Germany realized the greatest decline of the 16 member countries, with a 3.8 percent drop. More

Canadian Manufacturing Sales Down 2.7% in March

Statistics Canada reported today that manufacturing sales fell 2.7 percent or $41.4 billion (US$35.28 billion) for the month of March. More

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.