Forex Top Story


EEP06-011515_27Mar15.jpg Consumer confidence from France is due on Friday, headlining a light day for the European economic news.

japantrade-042110.jpg Overall consumer prices in Japan gained 2.2 percent on year in February, the Ministry of Communications and Internal Affairs said on Friday - below forecasts for 2.3 percent and down from 2.4 percent in January. Core CPI, which excludes the volatile prices of food, added an annual 2.0 percent. That...

EURUSD-032615.jpg The dollar is gaining ground against its major European competitors Thursday and is bouncing back from early weakness against the Japanese Yen. Geopolitical concerns are partly responsible for the move, as well as the larger than expected decrease in U.S. weekly jobless claims. After reporting a...

JoblessClaims-032615.jpg After reporting a modest uptick in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims pulled back by more than expected in the week ended March 21st.

UKRetailSales-032615.jpg British retail sales continued to expand in February at a faster-than-expected pace, suggesting strong support from domestic spending to economic growth in the first quarter. Retail sales increased at a faster pace of 0.7 percent in February from January, when it gained 0.1 percent, data from the Office for National Statistics revealed Thursday.

GermanConsumer-032615.jpg German consumer confidence is set to improve further to its highest level in more than 13 years in April, as weak euro and low inflation function as mini stimulus to the economy, survey data from the market research group GfK showed Thursday. The forward-looking consumer sentiment index rose to 10 in April from 9.7 points in March. This was the highest score since October 2001.

EEP20-011515_26Mar15.jpg Consumer confidence from Germany and retail sales from the U.K. are the major reports due on Thursday.

EURUSD1-032515.jpg The dollar is down slightly against all of its major competitors on Wednesday, following the release of the weaker than expected durable goods orders report for February. With the exception of yesterday's new home sales data, U.S. economic data has been disappointing this week. Investors will be watching...

DurableGoodsOrders-032515.jpg With orders for transportation equipment showing a notable pullback, the Commerce Department released a report on Wednesday showing that new orders for U.S. manufactured durable goods unexpectedly decreased in the month of February.

GermanIFo-032515.jpg German business morale improved for the fifth straight month to an eight-month high in March as firms expressed greater optimism about future developments. The business climate index rose more-than-expected to 107.9 in March from 106.8 in February, the results of a survey by Munich-based Ifo Institute showed Wednesday. This was the highest score since July 2014 when the reading was 108.

EEP12-011515_25Mar15.jpg Business confidence survey data from Germany is due on Wednesday, headlining a light day for the European economic news.

NewZealandcpi-071510.jpg New Zealand posted a merchandise trade surplus of NZ$50 million in February, Statistics New Zealand said on Wednesday - representing 1.3 percent of exports. The headline figure missed forecasts for a surplus of NZ$350 million following the downwardly revised NZ$33 million surplus in January (originally...

EURUSD1-032415.jpg The dollar is bouncing back from early weakness against its major competitors Tuesday, following the release of some better than expected economic data. The U.S. currency's early weakness was due to some positive European economic data and the lingering disappointment from yesterday's weak existing home...

NewhomeSales-032415.jpg New home sales in the U.S. unexpectedly increased in the month of February, the Commerce Department revealed in a report on Tuesday, with sales jumping to their highest level in seven years.

CPI-032415.jpg Consumer prices in the U.S. rose in line with economist estimates in the month of February, according to a report released by the Labor Department on Tuesday, with the increase partly reflecting a rebound in energy prices.

Follow RTT