Roberto Jacobs / Blog
Dollar Slides After Durable Goods Orders, Jobless Claims Data The U.S. durable goods orders for February and jobless claims for the week ended March 19 have been released at 8:30 am ET Thursday. After these data, the greenback slipped against its key counterparts. The greenback was trading at 1...
Turkish Lira Slides To 8-day Low Against U.S. Dollar After Turkey Rate Cut The Turkish Lira lost ground against the U.S...
British Retail Sales Drop As Cold Weather Dampens Clothing Demand U.K. retail sales declined at a slower than expected pace in February after recording the fastest growth in more than two years, as poor weather delayed clothing purchases. Retail sales volume dropped 0...
Gold Drops Near $1220 Ahead Of Durable Goods Gold futures continued to turn lower Thursday morning as a stronger U.S. dollar hurt most commodities. Traders will be keeping an eye on a flurry of US economic data in hopes of clarity on whether the Federal Reserve will soon raise interest rates...
Taiwan Cuts Interest Rates For Third Time Taiwan's central bank lowered its benchmark interest rate for a third successive policy session, in a bid to support the sluggish economic recovery and boost subdued inflation expectations. Policymakers cut the benchmark discount rate by 12...
Crude Oil Tumbling After Huge Inventories Build Crude oil futures fell Thursday morning as the US dollar continued to strengthen versus major rivals. US crude inventories unexpectedly jumped yet again last week, defying speculation that the nation's supply glut may have eased. The U.S...
Russian Ruble Slides To Weekly Low Against U.S. Dollar The Russian Ruble drifted lower against the U.S. dollar in European trading on Thursday, as oil prices declined on Fed rate hike fears and as official data showed large build in crude oil inventories last week...
U.K. Retailers Expect Sales Volume To Improve: CBI British retailers expect retail sales volume to accelerate next month, the latest Distributive Trades Survey from the Confederation of British Industry showed Thursday...
Pound Off Lows Against Majors The pound trimmed its early losses against the other major currencies in Europe on Thursday. The pound recovered to 0.7899 against the euro and 1.3784 against the franc, from its early 15-month low of 0.7946 and a 2-month low of 1.3720, respectively...