News Articles in Forex and Currencies

Copper futures decline on Fed taper news Copper futures declined on Thursday, after the Federal Reserve announced plans to reduce monthly asset purchases to USD75 billion from USD85 billion starting in January. On the Comex... Read >>

Bitcoin rebounds 10% after previous day’s rout The price of virtual currency Bitcoin rebounded on Thursday, as investors returned to the market to seek cheap valuations following the previous session's 24% plunge. BTC USD rallied... Read >>

Forex - GBP/USD slightly lower after Fed, U.K. retail data The pound was slightly lower against the dollar on Thursday after the Federal Reserve said Wednesday that it will start reducing monetary stimulus from next month, and after data... Read >>

Yields fall to lowest since September 2010 as Spain sells 10-year debt Spain saw borrowing costs fall to the lowest level since September 2010 at an auction of ten year government bonds on Thursday, as investors looked ahead to a summit of European... Read >>

U.K. retail sales rise 0.3% in November, in line with expectations Retail sales in the U.K. rose in line with expectations in November, underlining optimism over the country's economic outlook, official data showed on Thursday. In a report, the U.K.... Read >>

Dollar broadly higher after Fed begins taper The dollar was broadly higher against the other main currencies on Thursday after the Federal Reserve said Wednesday that it will start tapering its economic stimulus program from... Read >>

Silver drops 4%, gold at USD1,200 as Fed taper reality begins to sink in Silver prices plunged on Thursday, while gold futures fell to the lowest since June, as news the Federal Reserve will begin reducing its stimulus program next month sent precious... Read >>

Euro zone current account surplus widens to EUR21.8 billion The euro zone's current account surplus widened unexpectedly in October to hit the highest level in six months, official data showed on Thursday. In a report, the European Central... Read >>

U.S. oil futures little changed near 1-week high U.S. oil futures were little changed near a one week high on Thursday, after the Federal Reserve unveiled a cut in monetary stimulus amid indications the U.S. economic recovery is... Read >>

European stocks rally after Fed news, EU deal; Dax jumps 1.70% European stocks were sharply higher on Thursday, as global markets reacted to the Federal Reserve's decision to hold low interest rates and begin to taper its stimulus program as... Read >>