Federal Reserve

The euro worked its way towards $1.38 on Tuesday morning after Monday's data confirmed that the global economy was on the mend. The common currency traded at $1.3752 at 5:15 GMT on Tuesday as investors looked to strong data from China and the US as a sign of improvement. Related: #PreMarket...

Dallas Federal Reserve President James Bullard said the US central bank could begin to taper its bond buying program at its December meeting next week after Friday's US labor data showed marked improvement. Bullard's comments on Monday added to growing speculation that the bank could cut back...

The Chinese yuan, also known as the Renminbi, rose to a record high against the U.S. dollar on Monday. The move came after news that China's exports beat market expectations, inspiring the People's Bank of China (PBOC) to set the yuan at a fresh record high level. Yuan Daily Midpoint On...

To be sure, the game has become a bit confusing of late. For example, one minute the "good news is bad news," theme is the driver to the action and the next, well, not so much. And for those investors counting on the mainstream media to help them understand why the market is doing...

For me, trading has always revolved around economic fundamentals and stock market analysis. And if you’re like me, you’re getting somewhat irritated with the recent trading in the stock market by investors who seem more inclined to trade on what economists at the Federal Reserve do...

The euro was steady at $1.37 to begin the week as investors looked to the US Federal Reserve for signs that the bank would move to cut back on its stimulus spending. The common currency traded near a six week high against the dollar despite better than expected jobs data in the US According to...

When and how the Federal Reserve plans to taper has been on investors' minds since September when Ben Bernanke first suggested it was a possibility. However, the latest US jobs data, which would support the case for a Fed taper, has been cautiously received by traders who are waiting for more...

Next week eurozone finance ministers will hammer out the details of the eurozone’s proposed banking union in an attempt to solidify plans for the project before the end of the year. Bridging the deep divide among the bloc’s members over how to set up a resolution mechanism for failing banks...

As we close out the final month of the year, Federal Reserve statements,  window dressing, tax selling and volatile commodities will boost cause uncertainty in the markets. The Federal Reserve transition and decline in precious metals make this December especially hot. GFI Group (NYSE: GFIG...

After spiking higher on the news of both non-farm payrolls and unemployment beating expectations, the greenback reversed lower during the New York trading session. U.S. stock indexes also rallied on the news initially and have been able to hold on to some of their gains. The Standard & Poor’s...

The euro was steady above $1.36 to finish the week after the European Central Bank elected to maintain its current interest rate at its policy meeting on Thursday. The common currency hit five week highs early on Friday as the dollar treaded water ahead of the release of new jobs data, due out...

On Thursday, the Commerce Department released GDP data which showed that from July to September, the US economy expanded by 3.6 percent. The figure, much higher than the expected 2.8 percent estimate, was likely fueled by increasing stockpiles. The data showed that businesses boosted...

The euro traded steadily near $1.36 on Thursday morning ahead of the European Central Bank's monthly policy meeting, set to take place later in the day. The common currency was weighed down by more data which showed that disparities between eurozone nations were growing wider. Reuters reported...

The greenback was mixed in Wednesday trading after a slew of U.S. economic data including the ADP Non-Farm Employment Change, U.S. Trade Balance and ISM Non-Manufacturing PMI. ADP Nonfarm Employment Change ADP reported that U.S. private-sector employment increased by 215,000 in November,...

The euro traded steadily at $1.3585 on Wednesday morning after recovering from worrying PMI data from several of the bloc's members. The common currency isn't expected to maintain its current position as many have begun to speculate that the US Federal Reserve will likely begin tapering sooner...