U.S. Auto Industry Enjoys Best Performance in 20 Years
Detroit’s boom-and-bust history was built on a dependence on big, fuel-thirsty vehicles. Now, with...
PBOC Cuts Fixing as Yuan Retreats From 19-Year High
China’s yuan fell for the first time in six days, retreating from a 19-year high, as the central b...
Expansion in China’s Services Sector Slowed in April
Expansion in China's services sector slowed in April, an official survey showed on Friday, in line w...
AUD/USD – Mute Response from Better Producer Price Index
Australia producers are charging more now. According to the Producer Price Index, Q/Q prices increas...
Euro Weaker Across the World on Draghi Comments
The euro fell for the first time in five days against the dollar after European Central Bank Preside...
EUR/GBP Near 0.84 on Draghi Comments and Construction Data
The pound rose against the euro after an industry report showed U.K. construction improved last mont...
USD/CAD Moves Above 1.01 as Poloz Named Central-Bank Governor
The Canadian dollar fell against its U.S. counterpart after Stephen Poloz, head of the nation’s ex...
Asian Stocks Rally on ECB Negative Rate Option
Asian stocks rose for the first time in three days after U.S. jobless claims reached a five-year low...
Low Bar Set for US NFP Today
The bar is low for the April jobs report. The government's monthly employment report is expected ...
Stephen Poloz Named New Bank of Canada Governor
Stephen Poloz has been appointed the new governor of the Bank of Canada, replacing Mark Carney, whos...
GBP/USD – Pound Loses Ground as US Posts Sharp Employment Numbers
GBP/USD has dropped lower on Thursday, following solid US releases earlier in the day. The pair br...
USD/CAD – Rangebound as Canada, US Post Solid Numbers
USD/CAD continues to trade in a narrow range in Thursday trading. The pair was trading in the 1.0...
AUD/USD – Lower as Aussie Woes Continue
AUD/USD is steady, as the pair continues to trade in the mid-1.02 range in Friday trading. ear...
US Jobless Claims Fall to 5 Year Low
The number of Americans filing new claims for jobless benefits fell sharply last week to its lowest ...
Japan Monetary Base Grows 23 Percent Year over Year
Japan's monetary base jumped 23.1 percent in April from a year earlier to 149.60 trillion yen, marki...
Japan Stock Exchange Loses for 4th Session in a Row
Tokyo stocks remained under selling pressure Thursday amid caution ahead of U.S. nonfarm jobs data d...
ECB Cuts Rate for First Time in 10 Months
The ECB lowered its main interest rate by a quarter point to a new record low of 0.50 percent in res...
EUR/USD – Almost Unchanged Ahead of ECB Decision
EUR/USD is showing very little movement in Thursday trading, as the markets await the ECB rate ann...