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US Wholesale Inventories Rise 0.3% in September

U.S. wholesale inventories increased 0.3 percent in September, on par with analysts’ estimates, while the strong growth in August was revised slightly downward from 0.9 percent to 0.8 percent.read more...

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Saudi Aramco Signs $ 4.5 Billion Deals with Europe, China and US

Saudi Aramco on Thursday signed agreements worth $4.5 billion with firms from Europe, the United States, China and the United Arab Emirates for oil and gas projects in the kingdom.read more...

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EU Commission Downgrades UK Growth to 1.5%

The European commission enters key Brexit talks with the government with the eurozone economy in its best shape for a decade and activity in the UK weaker than expected six months ago.read more...

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US Unemployment Claims Rose by 239,000 Last Week

The number of Americans filing for unemployment benefits rose more than expected last week, suggesting that claims processing disrupted by recent hurricanes has begun to improve.read more...

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Canadian House Price Index Rose 0.2% in September

Higher new home prices in British Columbia were responsible for most of the national gain in September, while results in the rest of Canada were mixed.read more...

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USD/JPY â Yen Gains Ground as US Jobless Claims Disappoints

USD/JPY has posted losses in the Thursday session. In North American trade, USD/JPY is trading at 113.68 down 0.17% on the day. On the release front, Japanese Economy Watchers Sentiment improved to...

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GBP/USD â Pound Inches Higher, Markets Eye British Mfg. Production

The British has ticked higher in the Thursday session. In North American trade, GBP/USD is trading at 1.3131, up 0.11% on the day. On the release front, there are no British indicators. In the US,Â...

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Gold Rally Continues as Jobless Claims Jump

Gold has posted gains for a second straight day. In Thursday’s North American trade, the spot price for an ounce of gold is $1286.73, up 0.42% on the day. On the release front, unemployment claims...

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USD/CAD Canadian Dollar Higher US Tax Worries Hurt USD

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Frantic Friday?

Frantic Friday?read more...

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UK Data and Brexit Negotiations Key on Friday

Will Investors Shake Off Thursday’s Weakness? Financial markets are looking a little flat ahead of the European open on Friday, following a similar session in Asia overnight and as traders try to...

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UK to Set Brexit Day into Law

Britain’s government said on Thursday it would use legislation to fix the time and date of the country’s European Union exit, addressing concerns of Brexiteers who fear slow negotiations and...

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UK Can Still Change its Mind According to Article 50 Author

Prime Minister Theresa May should stop misleading voters and admit that Brexit can be avoided if Britain decides to unilaterally scrap divorce talks, the man who drafted Article 50 of the Lisbon...

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Oilâs Technical Resistance Stiffens Itâs Resolve

Technical resistance and overbought short-term indicators are setting of more red lights on Brent and WTI charts as we head into the week’s end.read more...

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The US Will No Longer Tolerate Chronic Trade Abuses Warns Trump

President Donald Trump pushed for freedom and economic openness in a Friday speech that portrayed Washington as a more respectful trade partner to Asian nations than China has been.Speaking at the...

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EUR/USD â Euro Unchanged on Lack of Eurozone Indicators

The euro continues to have a quiet week, as it stays close to the 1.16 line. In the Friday session, EUR/USD is trading at 1.1654, up 0.11% on the day. In economic news, it’s a quiet end to the week,...

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DAX Slides to 2-Week Low

The DAX has edged lower on Friday, after three straight losing sessions. Currently, the DAX is at 13,161.25, down 0.17% on the day. On the release front, there are no German or eurozone events on the...

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USD/CAD â Canadian Dollar Ticks Lower, US Consumer Confidence Next

The Canadian dollar has inched lower in the Friday session. Currently, USD/CAD is trading at 1.2667, down 0.10% on the day. On the release front, there are no Canadian events on the schedule. In the...

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US Tax Uncertainty Hammers Dollar

Republican House and Senate tax plans differread more...

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Another Taxing Week Ahead

Oanda Forex BlogAnother Taxing Week Ahead read more...

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