Forex Top Story


EURUSD2-112715.jpg The dollar is trading modestly higher in comparison to its major rivals Friday afternoon. There were no U.S. economic reports this morning, due to today's holiday shortened trading session. A number of key economic reports are scheduled to be released next week. The focal point of investors is likely...

germanconsconfidence-112715.jpg German consumer confidence is set to ease for a fourth straight month in December, as the high influx of migrants raise fears of unemployment and thus hurt economic and income expectations in the biggest euro area economy. The forward-looking consumer confidence index dropped to 9.3 from 9.4 in November, results of a monthly survey by GfK showed Friday. Economists had expected a score of 9.2.

eurozoneecoconfidence-112715.jpg Eurozone economic confidence remained unchanged in November at the highest level seen since mid-2011, results of a closely watched survey revealed Friday. The economic confidence index came in at 106.1, unchanged from October, the monthly survey from the European Commission showed. This was the highest score since May 2011, when the reading was 106.6.

europeaneco-112715.jpg Economic confidence from euro area and revised quarterly national accounts from the U.K. are due on Friday, headlining a busy day for the European economic news.

Japan-112715.jpg Japan's core inflation continues to remain negative in October, weighed down by lower energy prices, raising concerns about the nation's ability to achieve the inflation target by the stipulated timeframe. Official data also showed that the unemployment rate dropped to a 20-year low, but household spending and income declined from the prior year.

EEP5-091614_26Nov15.jpg Consumer confidence from Germany is the major data due on Thursday, headlining a light day for the European economic news.

Philippines-GDP-112615.jpg The Philippines economy expanded at a faster pace in the third quarter on strong government spending and private consumption. Gross domestic product grew 6 percent year-on-year in the third quarter, faster than the revised 5.8 percent expansion seen in the second quarter, the National Statistical Coordination Board said Thursday.

NewZealandcpi-071510.jpg New Zealand posted a merchandise trade deficit of NZ$963 million in October, Statistics New Zealand said on Thursday - representing 25 percent of exports. The headline figure exceeded expectations for a shortfall of NZ$1.00 billion and was up from the NZ$1.222 billion deficit in September. Exports...

EURUSD2-112515.jpg The dollar was up against all of its major rivals in early trade Wednesday, but has pared those gains in the afternoon. Investors continue to sift through a slew of U.S. economic reports. The high number of reports was necessitated by Thursday's thanksgiving holiday and Friday's shortened trading session. Reflecting...

CONSUMER-RETAIL_25Nov15.jpg Consumer sentiment in the U.S. improved by less than previously estimated in the month of November, according to a report released by the University of Michigan on Wednesday.

NewHomeSales-112515.jpg After reporting a sharp pullback in U.S. new home sales in the previous month, the Commerce Department released a report on Wednesday showing that new home sales rebounded in October. The report said new home sales jumped 10.7 percent to an annual rate of 495,000 in October.

Osborne-112515.jpg The UK economy is set to grow faster than earlier expected in the next two years as investments are projected to improve, UK Chancellor of the Exchequer George Osborne said Wednesday. The chancellor also abandoned the controversial move to make changes in tax credits, citing better public finances.

PersonalIncome-112515.jpg While the Commerce Department released a report on Wednesday showing that U.S. personal income rose in line with estimates in the month of October, the report also said personal spending increased less than expected.

DurableGoods-112515.jpg Reflecting a jump in demand for transportation equipment, the Commerce Department released a report on Wednesday showing that new orders for U.S. manufactured durable goods increased by much more than expected in the month of October.

JoblessClaims-112515.jpg The number of people filing for first-time unemployment claims dropped more than expected last week, falling to its lowest level in almost a month. The figure remains just above the multi-decade low it reached this summer.

Follow RTT