News Articles in Forex and Currencies

Gold drops on Fed decision to taper bond-buying program Gold prices dropped on Thursday in wake of the Federal Reserve's Wednesday announcement that it will trim its USD85 billion in monthly bond purchases by USD10 billion beginning in... Read >>

Crude gains on expectations for a more robust U.S. economy Oil prices rose in early afternoon trading on Thursday on expectations that the Federal Reserve's decision to trim its monthly USD85 billion asset purchasing program will herald the... Read >>

Natural gas soars to 2-1/2 year highs on bullish U.S. inventory report Natural gas prices shot up to highs not seen since mid 2011 on Thursday after official data revealed U.S. supplies fell more than expected last week, which suggested demand for the... Read >>

Forex - EUR/USD dips as market preps for Fed stimulus tapering The euro edged lower against the dollar on Thursday as markets digested the Federal Reserve's decision to cut its USD85 billion in monthly bond purchases by USD10 billion beginning... Read >>

Dollar remains broadly higher after Fed tapering decision The dollar remained broadly higher against the other major currencies on Thursday after the Federal Reserve announced plans to start winding back economic stimulus from next month.... Read >>

Natural gas futures rally 3% after bullish U.S. supply data Natural gas futures rallied sharply on Thursday, after data showed that U.S. natural gas supplies fell by the most on record last week. On the New York Mercantile Exchange, natural... Read >>

Forex - GBP/USD remains lower after mixed U.S. data The pound remained lower against the U.S. dollar on Thursday, after the release of mixed U.S. data, as the Federal Reserve's decision to begin tapering its stimulus program next... Read >>

U.S. oil futures trade near 2-month high after U.S. data U.S. oil futures traded just below a two month high on Thursday, as investors shrugged off a flurry of disappointing U.S. economic data. On the New York Mercantile Exchange, West... Read >>

Philly Fed manufacturing index rises to 7.0, below exp. for 10.0 Manufacturing activity in the Philadelphia region expanded at a slower rate than expected in December, dampening optimism over the U.S. economic outlook, official data showed on... Read >>

U.S. existing home sales fall 4.3% in November to 4.90 million units U.S. existing home sales fell more than expected in November, fuelling concerns over the U.S. housing sector, industry data showed on Thursday. In a report, the National Association... Read >>