Market News

Dollar Holds Following Mixed US Jobless Claims & Inflation Data

2014-11-20 21:26:40

The dollar was virtually unchanged against its peers trading close to the 4 year highs set last week following the release of solid manufacturing figures which balanced out mixed inflation and US jobless claims data.The Federal Reserve Bank of Philadelphia reported its manufacturing index as having surged to its highest... more

The Focus Moves Towards The US Inflation Data

2014-11-20 13:17:15

The Euro is trading at 1.2527 at this writing. The low has been 1.2504 while the high has been 1.2575. The Euro sold off from its high of the day after the release of PMI numbers out of the region which were mostly lower than expectations. However, the first bit... more

US Dollar Comes Under Pressure From The Euro and The Pound

2014-11-19 12:01:00

The Euro is trading at 1.2538 at present which is nearer to the highs of the day.  The low has been 1.2511 while the high has been 1.2548.  The range has been quite narrow up to this point today with European Current Account the only significant economic data released.  The... more