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Posts Tagged ‘starts’

EUR/USD: Trading the U.S. Housing Starts Report

Housing starts in the U.S. are expected to expand at an annualized pace of 545K in May, and the rebound in building activity could spark a bullish reaction in the dollar as growth prospects improve.

View full post on DailyFX – Trading News Events

HKMEx starts trading gold futures contract for physical delivery

HKMEx starts trading gold futures contract for physical delivery
The China-backed Hong Kong Mercantile Exchange offers a US dollar-denominated gold futures contract supported by bullion stored in Hong Kong’s vaults, and plans to launch a renminbi-denominated contract later this year.

Read more on Finance Asia

EUR/USD: Trading the Change in U.S. Housing Starts

A rebound in U.S. housing starts should help to encourage an enhanced outlook for the world’s largest economy, and the data could spark a bullish reaction in the greenback as growth prospects improve.

View full post on DailyFX – Trading News Events

Moscow starts ruble-yuan trading

Moscow starts ruble-yuan trading
Russia on Wednesday started trading the Chinese yuan against the ruble as Moscow and Beijing seek to challenge the dollar and promote the use of national currencies.

Read more on AFP via Yahoo! Philippines News

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