China’s foreign exchange reserves decreased by $28 billion in May to its lowest level since late 2011. The world’s largest currency hoard declined to $3.19 trillion...
Australian dollar climbed to a four week high after the Reserve Bank of Australia left the benchmark rate unchanged on Tuesday. Last month, the central bank...
The UK pound rose as much as 1.5 percent against the dollar within seconds on Tuesday, as a gauge of expected volatility surged before the U.K....
Federal Reserve Chair Janet Yellen while speaking on economic outlook on Monday said interest rate hikes are coming, but gave no clue on when. According to...
The demand for German factory goods from outside the European “19-nation” plunged in April. German Factory orders fell 2 percent from the previous month, according to...
U.S. Economy to Grow by Least Since 2012 The US economic growth will slow down in 2016, according to a survey of forecasters by the...
Since USDJPY started current downward trend on 16th August 2015 after China devalues the Yuan on the 11th of the same month, USDJPY has lost 1,842...
Forex Weekly Outlook June 6 -10 The US economy failed again in May to create enough new jobs to support consumer spending after falling short in...
Following May weak job data, American service providers expanded at the slowest pace in more than two years as businesses curtailed orders after a lukewarm start...
Employers in the US added fewer number of workers in May, the lowest in six years. A total of 38,000 jobs were added to payrolls in...