Category: forex news

U.S. Business Inventories Growth Matches Expectations In May

username July 16, 2018 No Comments forex news

Partly reflecting a notable increase in wholesale inventories, the Commerce Department released a report on Monday showing business inventories in the U.S. rose in line with economist estimates in the month of May. The Commerce Department said business inventories climbed by 0.4 percent in May after rising by 0.3 percent in April. The increase in […]

U.S. Dollar Falls After Soft China Data; Powell’s Testimony Awaited

username July 16, 2018 No Comments forex news

The U.S. dollar slipped against its major counterparts in the European session on Monday, as China’s economy expanded at a slower pace in the second quarter and investors awaited Fed Chair Jerome Powell’s congressional testimony due this week for more clues about monetary policy outlook. Data from the National Bureau of Statistics showed that gross […]

New York Manufacturing Index Indicates Modestly Slower Growth In July

username July 16, 2018 No Comments forex news

A report released by the Federal Reserve Bank of New York on Monday showed New York manufacturing activity continued to grow at a fairly brisk pace in July, although the pace of growth slowed from the previous month. While the New York Fed said its general business conditions index dipped to 22.6 in July from […]

U.S. Retail Sales Climb 0.5% In June, Matching Economist Estimates

username July 16, 2018 No Comments forex news

Retail sales in the U.S. increased in line with economist estimates in the month of June, according to a report released by the Commerce Department on Monday. The report said retail sales climbed by 0.5 percent in June after soaring by an upwardly revised 1.3 percent in May. Economists had expected sales to rise by […]

U.S. Retail Sales Climb In Line With Economist Estimates In June

username July 16, 2018 No Comments forex news

Retail sales in the U.S. increased in line with economist estimates in the month of June, according to a report released by the Commerce Department on Monday. The report said retail sales climbed by 0.5 percent in June after soaring by an upwardly revised 1.3 percent in May. Economists had expected sales to rise by […]

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