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The World Trade Organization predicts global commerce will grow 5.3 percent next year, an improvement that would bring it back in line with its 1993-2013 historic average.
In its annual report released Monday, the Geneva-based WTO also forecast that world trade will rise by 4.7 percent this year. This is an increase of 0.2 percentage points compared with previous forecasts for 2014.
The figures reflect growing confidence that developed [...]
Daily EUR/USD Technical Analysis The EUR/USD is trading a little better at the mid-session. The Forex pair broke sharply early in the session when sell stops were hit under an uptrending angle at 1.3812. This move generated enough downside momentum to reach a key 50% level. The short-term range is 1.3672 to 1.3905. This made […] [...]
U.S. inflation held on in last month as housing rental and food costs surged in what is a sign that the decline in prices won’t go on any further. The advance should quell fears by certain Federal Reserve policymakers that inflation is getting lower, though the increase in prices was small enough to fuel speculation […] [...]
FX Week Customers were unable to test their connections to one of the main currency trading platforms due to a technical glitch [...]
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