Abbot

The University of Michigan's preliminary consumer sentiment index for September has been released at 10:00 am ET Friday. After the data, the greenback changed little against its major opponents. The greenback was trading at 1.1836 against the euro, 1.2947 against the pound, 0.9108 against the franc

A spokesman from the US Customs and Border Protection (CBP) confirmed early Wednesday, the officials are ready with orders to suspend imports of cotton and tomato products from western China's Xinjiang province over accusations about forced labor. Key takeaways “The Trump administration announcement

Richmond Fed's Barkin makes remarks in online webinar Jjobs most sectors down 5% to 10% Services sector remains broadly depressed Comments are plain-vanilla and not surprising

Photo: FM FXSpotStream has made not one, but two new appointments this week, as the multi-bank foreign exchange (forex) price aggregation service provider looks to boost its sales team globally. Earlier this week, FXSpotStream revealed that it had added Hajime Tezuka to its sales team in Tokyo. Ho

Indian shares opened on a buoyant note Tuesday morning, bouncing back strongly after four successive days of losses, tracking gains in global markets amid a slew of encouraging economic data from Europe, China and the U.S. Also, short-covering and bargain hunting after recent heavy losses is contrib

Photo: Photo: Bloomberg Payments processing giant Mastercard has allowed WireX to be the first company to issue native cryptocurrency cards with its label. This came with the expansion of Mastercard’s cryptocurrency program as it invited crypto companies to its Accelerate program, thus simplifying

BOJ keeps key policy tools unchanged, USD/JPY remains comatose.  Risk-on could keep the yen under pressure during the day ahead.  BOJ's dismal economic forecasts may add to bearish pressures around the Yen.  USD/JPY is barely moving in response to the Bank of Japan's latest decision to keep key mon

Citing the UK government sources, the UK Times reported on Sunday, the country’s Finance Minister Rishi Sunak is considering plans to raise the property tax threshold to as high as GBP500K ($623,700) while temporarily slashing the value-added tax (VAT) in the hospitality sector, in an effort to boos

EUR/USD looks north as 15-minute chart shows a bull flag breakout.  Daily candles and RSI also favor stronger gains in the shared currency.  EUR/USD is trading in a sideways manner around 1.1255 at press time, having defended the psychological support of 1.12 in the previous two days.  The pair's 1