The dollar rallied for a second day in a row Thursday, approaching fresh highs against the euro and yen following yesterday's somewhat hawkish Federal Reserve statement.
The Fed as expected ended its quantitative easing program after six years of unprecedented support for the U.S. economy.
U.S. economic activity increased by more than expected in the third quarter of 2014, according to a report released by the Commerce Department on Thursday. The Commerce Department said GDP increased by 3.5 percent in the third quarter compared to 3.0 percent growth expected by economists.
First-time claims for U.S. unemployment benefits saw a modest increase in the week ended October 25th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged up to 287,000, an increase of 3,000 from the previous week's revised level of 284,000.
Germany's unemployment declined unexpectedly in October, suggesting an improvement in the labor market conditions despite weak economic developments. The number of people out of work decreased by 22,000 to 2.887 million in October, data from the Federal Labor Agency revealed Thursday. Economists had forecast an increase of 4,000.
Economic confidence in the eurozone picked up in October from a 10-month low, with broad based improvement across sectors, the results of a survey by the European Commission showed Thursday. The economic confidence index rose unexpectedly to 100.7 in October from 99.9 in the prior month. The score was expected to fall to 99.7.
Export prices in Australia declined 3.9 percent on quarter in the third quarter of 2014, the Australian Bureau of Statistics said on Thursday.
That beat expectations for a decline of 4.7 percent following the 7.9 percent tumble in the second quarter.
Among the individual components, export prices...
Industrial output in South Korea added a seasonally adjusted 0.1 percent on month in September, Statistics Korea said on Thursday - following the downwardly revised 3.9 percent decline in August (originally -3.8 percent).
On a yearly basis, industrial production climbed 1.9 percent following the 2.8...
The Reserve Bank of New Zealand's monetary policy board on Thursday elected to hold its Official Cash Rate steady at 3.50 percent - in line with expectations.
It was the second straight month with no change for the RBNZ, which had hiked the OCR by 25 basis points in each of previous four meetings...
The dollar surged back toward its highest in four years versus a basket of major rivals after the Federal Reserve ended its quantitative easing program and issued a relatively hawkish statement on future policy.
As expected, the Fed slashing purchases of Treasurys and mortgage-back securities to zero...
China should reserve its sizeable policy buffers to maintain macroeconomic stability in case of unexpected domestic or external economic shocks, the World Bank said in its China Economic Update on Wednesday.
Industrial output in Japan added a seasonally adjusted 2.7 percent on month in September, the Ministry of Economy, Trade and Industry said in Wednesday's preliminary reading.
That beat forecasts for an increase of 2.2 percent following the 1.9 percent contraction in August.
On a yearly basis, industrial...
South Korea posted an unadjusted current account surplus of $7.62 billion in September, the Bank of Korea said on Wednesday.
That follows the downwardly revised $7.20 billion surplus in August (originally $7.60 billion).
The goods account surplus widened to $7.73 billion, from $7.37 billion in...
The dollar was mixed Tuesday, giving back recent gains versus European rivals while pushing higher against the yen on increased risk appetite.
Hopes for robust U.S. holiday sales and easing concerns about the European banking sector had markets in a relatively upbeat mood today, giving the beaten...
After reporting a sharp pullback in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday showing a significant rebound in consumer confidence in the month of October.
New orders for U.S. manufactured durable goods unexpectedly showed a notable decrease in the month of September, according to a report released by the Commerce Department on Tuesday, with orders extending the steep drop seen in August.