Following a brief pullback on Tuesday, oil prices jumped Wednesday after a government report showed that crude stockpiles grew less than analysts had predicted, raising hopes that demand for oil and gas is picking up. more >>
The dollar gave back some gains Wednesday as a big jump in Chinese exports last month suggested global demand for goods is rising, while Portugal's successful bond sale helped calm some worries over budget problems facing several European countries. more >>
The New Zealand dollar extended the rally from earlier this week and is the best performing currency against the greenback on Wednesday, while the Japanese Yen weakened across the board and retraced the two-day rally against the U.S. dollar. more >>
9170 and 9300 are potential resistance levels for the AUDUSD. A drop below 9050 is needed in order to suggest that the larger trend has turned back down. more >>
The Canadian dollar continues to find support on strong domestic fundamentals and an increase in broader optimism. The USD/CAD has closed lower for eight straight days and is looking to end that streak today. more >>
The German trade balance surplus unexpectedly shrank in January from 13.4 billion to 8.0 billion as falling exports offset rising imports. Demand from abroad dropped by 6.3% against forecasts for a 0.5% improvement led by weakness from other Euro-zone members. more >>
LOUISVILLE, Ky.----Brown-Forman Corporation reported diluted earnings per share increased 8% to $2.53 and operating income rose 10% to $592 million for the first nine months of fiscal 2010. more >>
DAILY SOUND BITES A daily review of comments from selected officials across the globe and their respective insights into global macro economics as related to the foreign exchange market .... more >>
