Forex Top Story


existing-homesales-121918.jpg Existing home sales in the U.S. unexpectedly showed a significant increase in the month of November, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales surged up by 1.9 percent to an annual rate of 5.32 million.

ukinflation-oct17_19dec18.jpg UK consumer price inflation slowed in November to its lowest level in twenty months, in line with economists' expectations, helped by falling petrol prices. The consumer price index rose 2.3 percent year-on-year following a 2.4 percent increase in October, data from the Office for National Statistics showed on Wednesday. The latest inflation rate was the lowest since March 2017.

thailandbank-dec19.jpg Thailand's central bank raised its key interest rate for the first time in over seven years to curb financial stability risks. The Monetary Policy Committee voted 5-2 to raise the policy rate by a quarter-point to 1.75 percent, the Bank of Thailand said in a statement on Wednesday. The decision was in line with economists' expectations.

bankofbngland-nov01_19dec18.jpg The Bank of England is set to hold interest rates unchanged on Thursday as the economic outlook remains highly uncertain with the Theresa May government being accused of dilly-dallying on reaching a deal on Britain's exit from the European Union. The nine-member Monetary Policy Committee, led by Governor Mark Carney, is widely expected to leave the bank rate unchanged at 0.75 percent.

newzealandcpi-071510.jpg New Zealand's seasonally adjusted current account deficit narrowed to NZ$2.6 billion in the third quarter of 2018, NZ$102 million smaller than the June 2018 quarter deficit (NZ$2.7 billion), Statistics New Zealand said on Wednesday. The annual current account deficit widened to NZ$10.5 billion for...

eur-usd3-121818.jpg The dollar got off to a weak start Tuesday, but has since pared its losses against its major rivals. The currency is now little changed overall on the day, as investors turn cautious ahead of tomorrow's policy decision from the Federal Reserve. The Fed is widely expected to raise interest rates by...

housing-starts2-121818.jpg With a spike in new construction of multi-family homes more than offsetting a continued decrease in new construction of single-family homes, the Commerce Department released a report on Tuesday showing a substantial increase in U.S. housing starts in the month of November.

ifo-nov26_18dec18.jpg Germany's business confidence eased for a fourth straight month in December to its lowest level in two years, as businesses were increasingly worried about the political developments in Europe and a slowing global growth, suggesting that the biggest economy in the euro area may slide into a technical recession.

swiss-nov29_18dec18.jpg Switzerland's economy is set to expand this year and next at rates that are slower than expected earlier, mainly due to weak domestic demand, the State Secretariat for Economic Affairs showed on Tuesday. Gross domestic product is forecast to grow 1.5 percent in 2019, which is less than the 2 percent expansion seen in September.

eur-usd3-121718.jpg The dollar is losing ground against all of its major rivals Monday afternoon. Traders are in a cautious mood ahead of the Federal Reserve's highly anticipated monetary policy announcement scheduled for Wednesday. The Fed is widely expected to raise interest rates by another quarter point, although...

nahb-121718.jpg After reporting a sharp pullback in U.S. homebuilder confidence in the previous month, the National Association of Home Builders released a report on Monday unexpectedly showing a continued deterioration in confidence in the month of December.

empire-survey-121718.jpg Business activity in the New York manufacturing sector saw substantially slower growth in the month of December, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index plunged to 10.9 in December.

eurozoneflag-aug23_17dec18.jpg Eurozone consumer price inflation in November eased more than initially estimated, latest data from Eurostat showed on Monday. The consumer price index rose 1.9 percent year-on-year, which was slower than the 2 percent flash estimate on November 30. The figure is the lowest since May, when it was at the same level.

eur-usd3-121418.jpg The dollar is up against its major European rivals Friday afternoon, but has turned lower against the Japanese Yen after paring early gains. Disappointing economic data from China and Europe has helped to drive the buck higher as the weekend approaches. Meanwhile, a trio of U.S. economic reports this...

business-inventories-121418.jpg A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of October. The Commerce Department said business inventories climbed by 0.6 percent.

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