The dollar is currently turning in a mixed performance against its major rivals Monday afternoon. The currency was down against its rivals earlier in the session, but has pared its losses in the afternoon.
Traders are eagerly anticipating U.S. President Donald Trump's first address to a joint session...
Pending home sales in the U.S. unexpectedly plunged to their lowest level in a year in the month of January, according to a report released by the National Association of Realtors on Monday. NAR said its pending home sales index tumbled by 2.8 percent to 106.4 in January.
After reporting an unexpected drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Monday showing a rebound in durable goods orders in the month of January. The report said durable goods orders surged up by 1.8 percent in January after falling by a revised 0.8 percent in December.
Eurozone economic confidence improved to the highest level in almost six years in February, survey results from the European Commission showed Monday. The economic sentiment index rose marginally to 108.0 in February from 107.9 in January. The reading came in line with expectations and reached its highest level since March 2011, when the score was 108.3.
Economic confidence data from euro area is due on Monday, headlining a light day for the European economic news.
Company operating profits in Australia climbed a seasonally adjusted 20.1 percent on quarter in the fourth quarter of 2016, the Australian Bureau of Statistics said on Monday.
That easily beat forecasts for an increase of 8.0 percent following the 1.0 percent gain in the previous three months.
The dollar is turning in a mixed performance against its major rivals Friday afternoon. The buck has recovered from its early weakness against the Euro and the British pound, but continues to lose ground against the Japanese Yen. A pair of U.S. economic reports were released this morning, the results...
Consumer sentiment in the U.S. pulled back by less than initially estimated in the month of February, according to a report released by the University of Michigan on Friday. The report said the consumer sentiment index for February was upwardly revised to 96.3 from a preliminary reading of 95.7.
After reporting a steep drop in U.S. new home sales in the previous month, the Commerce Department released a report on Friday showing that new home sales rebounded in the month of January. The report said new home sales climbed by 3.7 percent to an annual rate of 555,000.
Consumer sentiment from France is due on Friday, headlining a light day for the European economic news.
The dollar weakened further against its major rivals Thursday, following the release of the minutes of the most recent Federal Reserve meeting Wednesday afternoon. Fed members said they want the central bank to go slow on raising rates, given uncertainties about the new Trump administration's fiscal...
First-time claims for U.S. unemployment benefits saw a modest increase in the week ended February 18th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 244,000, an increase of 6,000 from the previous week's revised level of 238,000.
Germany's economic growth accelerated, as initially estimated in the fourth quarter on robust domestic demand. However, a consumer confidence survey signaled a slowdown in spending this year as rising inflation and changes in the U.S. administration weigh on income and economic expectations. Gross domestic product grew 0.4 percent sequentially in the fourth quarter.
Revised quarterly national accounts and consumer sentiment from Germany are due on Thursday, headlining a light day for the European economic news.
The Bank of Korea's monetary policy board on Thursday voted to hold the nation's benchmark interest rate unchanged at the record low 1.25 percent for the eighth straight month.
That followed June's surprise rate cut by 25 basis points from 1.50 percent after 10 straight meetings without a move.