Markets News

Russian Ruble Declines Further, After Losing 18% in 2020

The Russian ruble lost further ground to trade at 74.60 against the greenback, against the backdrop of sluggishness in oil…

4 years ago

German Industrial Production Manages to Grow Marginally In November

A plethora of economic data published from the euro zone Friday indicated overall weakness in economic activity, despite some bright…

4 years ago

Eurozone Private Sector Activity Contracts in December

A plethora of economic data (December) released today indicated another month of decline in the economic activity in the Eurozone,…

4 years ago

US Jobless Claims Declines, but Concerns Remain

The euro dollar declined against the greenback on the first trading day of 2021 following the release of lower than…

4 years ago

US Pending Home Sales Index Decline for Third Consecutive Month

The euro dollar gained ground against the greenback following the report of weak pending home sales and wider than anticipated…

4 years ago

Pound Remains Weak Despite Post-Brexit Trade Deal

Following the inking of post-Brexit free trade partnership deal between the UK and the EU, the British pound declined by…

4 years ago

US New Home Sales Miss Forecasts by Wide Margin

The greenback remained range bound against the yen following the release of mixed economic data from the US. While the…

4 years ago

UK Economy Expanded 16% q-o-q in 3Q20 as Public Sector Net Borrowing Rises to Record High

The pound remained range bound against the greenback following the release of mixed economic data from the UK. While the…

4 years ago

ING Forecasts Double Dip For German Economy

The euro dollar remained range bound against the yen despite the release of better than anticipated German producer price index…

4 years ago

Yen Hits 5-Week High Against Greenback as China Reports 20-Month High Industrial Output

The Japanese yen strengthened against the greenback to hit a one-and-a-half-month high of 103.65 yesterday, aided by overall US dollar…

4 years ago