Forex Top Story


GermanEcoConfidence-091917.jpg Germany's economic confidence strengthened for the first time in four months in September as solid economic growth and increased investment lifted financial market experts' optimism. The ZEW Indicator of Economic Sentiment rose by a more-than-expected seven points to 17.0 in September, survey data from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday

EEP12-011515_19Sep17.jpg Economic confidence from Germany is due on Tuesday, headlining a light day for the European economic news.

trade.jpg House prices in Australia climbed 1.9 percent on quarter in the second three months of 2017, the Australian Bureau of Statistics said on Tuesday. That beat forecasts for an increase of 1.3 percent but was down from 2.2 percent in the previous three months. The capital city residential property...

RBA-061615.jpg Members of the Reserve Bank of Australia's Monetary Policy Board believe that the country's economic recovery remains below trend, minutes from the bank's September 5 meeting revealed on Tuesday - even as global economic conditions have strengthened. A main factor limiting the local economy was the...

EUR-USD3-091817.jpg The dollar is turning in a mixed performance against its major rivals Monday afternoon. The buck is up against both the Japanese Yen and the British pound, but has down slightly against the Euro. There has been little economic data to drive the direction of trading at the start of the new week. Homebuilder...

NAHB-091817.jpg Reflecting concerns about the recent hurricanes, the National Association of Home Builders released a report on Monday showing a bigger than expected drop in U.S. homebuilder confidence in the month of September. The report said the NAHB/Wells Fargo Housing Market Index dropped to 64 in September...

The dollar weakened versus European rivals but edged higher against the yen Friday, as traders weighed a slew of U.S. economic data. The dollar slumped to $1.20 versus the euro before finding its feet near $1.1925. Losses were more pronounced versus the sterling, as the dollar dropped to $1.3570....

BusinessInventories-091517.jpg A report released by the Commerce Department on Friday showed a modest increase in business inventories in the U.S. in the month of July. The Commerce Department said business inventories rose by 0.2 percent in July after climbing by 0.5 percent in June.

CONSUMER-RETAIL_15Sep17.jpg Reflecting a deterioration in consumer expectations, the University of Michigan released a report on Friday showing a pullback in U.S. consumer sentiment in the month of September. The preliminary report said the consumer sentiment index dropped to 95.3 in September after climbing to 96.8 in August.

IndustrialProduction-091517.jpg With Hurricane Harvey negatively impacting output, the Federal Reserve released a report on Friday unexpectedly showing a notable decline in U.S. industrial production in the month of August. The report said industrial production slumped by 0.9 percent in August after climbing by an upwardly revised 0.4 percent in July.

Bank-of-Russia-091517.jpg Russia central bank cut its key interest rate on Friday by half a percentage point, citing the risk of inflation overshooting the 4 percent target over the medium term, and signaled that further reductions are possible over the next two quarters.

Activity in the New York manufacturing sector saw a modest slowdown in the pace of growth in the month of September, according to a report released by the Federal Reserve Bank of New York on Friday. The New York Fed said its general business conditions index edged down to 24.4 in September from 25.2 in August.

RetailSales-091517.jpg Primarily reflecting a steep drop in auto sales, the Commerce Department released a report on Friday showing an unexpected decrease in U.S. retail sales in the month of August. The Commerce Department said retail sales dipped by 0.2 percent in August after rising by a downwardly revised 0.3 percent in July.

Consumerprice-US-091417.jpg Reflecting a sharp jump in energy prices, the Labor Department released a report on Thursday showing U.S. consumer prices increased by slightly more than anticipated in the month of August. The Labor Department said its consumer price index climbed by 0.4 percent in August after inching up by 0.1 percent in July.

Joblessclaims-US-091417.jpg After reporting a sharp jump in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing an unexpected pullback in initial jobless claims in the week ended September 9th. The report said initial jobless claims fell to 284,000.

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