Crude, gasoline
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AP
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46 minutes ago Energy prices rose Wednesday even as the amount of unused crude, gasoline and natural gas being placed into storage rose again.
EU business: strong euro could hurt economy
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AP
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52 minutes ago European businesses called Wednesday on EU economy officials to push China to allow their currency rise against the euro, saying the strong euro could hurt Europe's economic recovery.
Dollar slumps to 15-month euro low
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AP
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1 hour, 1 minute ago The dollar slid to a 15-month low against the euro Wednesday as investors fled the safe haven currency on upbeat U.S. economic reports, while markets absorbed the U.S. Federal Reserve's indication that interest rates will remain at super-low levels for a while yet and that it was not overly concerned by the U.S. currency's decline.
Daily Sound Bites
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Daily FX
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Wed 8:21 am ET 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 .....
U.K. Economy Contracted Less Than Expected But BoE Continues To See Risks
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Daily FX
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Wed 7:51 am ET The U.K. economy contracted 0.3% in the third quarter according to the preliminary GDP reading. The shortfall was less than the initial reading of -0.4% as private consumption was stronger than expected.
U.K. Preliminary 3Q GDP Revised Higher
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Daily FX
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Wed 7:37 am ET The U.K. gross domestic product for the third quarter slid 0.3% from the previous three months to match economistsâEuro™ expectations, as compared with an initial forecast for a 0.4% contraction, the office for National Statistics said today in London.
Greenback Turkey'd Ahead of Thanksgiving
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Daily FX
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Wed 7:26 am ET The USD has been offered all day with the initial selling seen accelerating into European trade and ahead of the US open. The Swiss Franc and Euro have both surged to fresh 2009 highs against the Greenback, while all other major currencies are very well bid, including the Yen, which has cleared some recent trend highs and now eyes a retest of its late 2008 and early 2009 highs against the buck.
Oil rises above $76 amid dollar's decline
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AP
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Wed 7:04 am ET Oil prices rose above $76 a barrel Wednesday as the dollar weakened and investors awaited data on the U.S. economy and crude inventories.
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