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Sun, Feb

The British Pound is trading higher at 1.2900 against the US dollar on Wednesday in European sessions. The GBP/USD pair bounced off the three-week low on Tuesday amid speculations about the Brexit delay, while the lack of additional dovish comments from the head of the Bank of England gave additional strength to buyers. Investors are now aiming at a monthly reading of general data on inflation in the UK to determine the short-term Cable moves.

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Harold Levy was confident of the value that elite schools had for low-income students.

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The rating agency Fitch has released its report for North America. It rates the North American countries as stable, including the US. The US debt has been growing and it is in record levels, but Fitch says that the financing flexibility balances the risk of a growing debt. Below are some of the highlights from the report:

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The consolidation pattern for January WTI crude oil futures between $52.00 and $50.00 continues for a third-straight session. Traded volumes are heavy, with over 425,000 contracts changing hands for January alone. In the wake of today’s positive EIA crude oil stocks report, energies players are taking a bearish stance towards global oil.

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