Forex News and Rumors

Eurozone Retail Sales Continue to Decline

Retail sales for the month of October fell by 1.6% marking the third consecutive month the Eurozone countries have, collectively, seen a drop in retail spending. The results come just a day before the European Central Bank is scheduled to meet with speculation growing that an interest rate cut is in the works. More

Brent Crude Up $5.43 in London Trading

The price of Brent crude oil gained $5.43 on fears of further production cuts by the Organization of the Petroleum Exporting Countries (OPEC). More

US Economy Losses 157,000 Jobs

ADP – a private payroll services provider – reported today that the US lost 157,000 jobs in October making this the highest single-month loss in nearly six years. 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.