Category Archives: Forex

forex

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Pound Rises After U.K. Nationwide House Prices

At 2:00 am ET Thursday, U.K. Nationwide house prices for December have been released. Following the data, the pound rose against its major rivals.

The pound was worth 1.2257 against the greenback, 142.64 against the yen, 1.2567 against the franc and …

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Russia Manufacturing Growth At 69-Month High

Russia’s manufacturing activity expanded at the fastest pace in nearly six years in December, driven by substantial rises in production and new orders, survey figures from IHS Markit showed Thursday.

The seasonally adjusted Purchasing Managers’ Index…

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South Korea Slashes 2017 Growth Outlook

The South Korean government lowered its growth forecast for next year on Thursday, citing weaker overseas concerns and weaker domestic consumption.

The growth forecast for next year was lowered to 2.6 percent from 3.0 percent announced in June, the f…