Forex - GBP/USD gains on U.K. retail sales, Bernanke comments weigh

The pound moved higher against the dollar on Thursday after U.K. retail sales beat expectations, though reassuring words from Federal Reserve Chairman Ben Bernanke that stimulus measures will end eventually but will not usher in an era of monetary tightening bolstered the...

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Forex - EUR/USD drops on U.S. jobs data, Bernanke comments

The dollar rose against the euro on Thursday after official data revealed fewer Americans filed for initial jobless benefits last week than expected.  Meanwhile, the dollar saw added support after Federal Reserve Chairman Ben Bernanke told Congress that monetary authorities...

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Bernanke’s testimony to Congress lacks novelty, market barely reacts.

Yesterday marked an unexpectedly dull day for capital markets, as the equity exuberance which materialized after the prepared remarks from Bernanke’s testimony in Washington failed to gain traction and faded into the close.  The Q&A session Bernanke had with Congress...

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Forex - GBP/USD slips lower, eyes on Bernanke

The pound held steady against the U.S. dollar on Thursday, after the release of upbeat U.S. data, while markets eyed a second day of testimony on monetary policy by Federal Reserve Chairman Ben Bernanke.  GBP/USD hit 1.5158 during U.S. morning trade, the session...

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Forex - EUR/USD hits session lows after U.S. data

The euro fell to session lows against the dollar on Thursday, as stronger-than-expected U.S. data on employment and manufacturing boosted optimism over the economic recovery. EUR/USD hit 1.3071 during U.S. morning trade, the session low; the pair subsequently consolidated...

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U.S. stocks mixed to higher after jobless data; Dow Jones up 0.46%

U.S. stocks opened mixed to higher on Thursday, after official data showed that the number of people who filed for unemployment assistance in the U.S. fell more-than-expected last week.  During early U.S. trade, the Dow Jones Industrial Average gained 0.46%, the S&P...

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Gold moves higher after U.S. jobless claims, Bernanke in focus

Gold futures edged higher in rangebound trade on Thursday, after data showed that the number of people who filed for unemployment assistance in the U.S. fell to the lowest level in two months last week. Prices fell by the most in almost two weeks on Wednesday in wake of comments...

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Dollar higher after U.S. jobless claims fall

The dollar gained ground against the other major currencies on Thursday after official data showed that the number of people who filed for unemployment assistance in the U.S. fell more-than-expected last week. During European afternoon trade, the dollar rose to session highs...

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U.S. initial jobless claims fall by 24,000 to 334,000 last week

The number of people who filed for unemployment assistance in the U.S. fell more-than-expected last week, easing concerns over the U.S. jobs market, official data showed on Thursday.  In a report, the U.S. Department of Labor said the number of individuals filing for initial...

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Forex - GBP/USD little changed as U.S. data eyed

The pound was almost unchanged against the dollar on Thursday, following solid U.K. retail sales data for June as investors awaited U.S. economic data and a second day of testimony by Federal Reserve Chairman Ben Bernanke later in the session. GBP/USD hit 1.5242 during...

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Forex - EUR/USD rangebound ahead of U.S. data

The euro was trading in a tight range against the dollar on Thursday as investors awaited U.S. economic data and a second day of testimony by Federal Reserve Chairman Ben Bernanke later in the day. EUR/USD hit 1.3091 during European afternoon trade, the session low;...

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Morgan Stanley Q2 adjusted EPS USD0.45 vs. USD0.43 estimate

Wall Street investment bank Morgan Stanley reported better-than-expected second quarter earnings ahead of Thursday’s opening bell, sending its shares higher in pre-market trade. Earlier in the day, in its second quarter earnings report, Morgan Stanley said adjusted earnings...

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European stocks turn mostly higher, focus on Bernanke; Dax dips 0.04%

European stocks turned mostly higher in choppy trade on Thursday, as market focus remained on Federal Reserve Chairman Ben Bernanke following his highly anticipated comments on Wednesday. During European afternoon trade, the EURO STOXX 50 added 0.13%, France’s CAC 40 edged...

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U.S. futures steady in cautious trade; Dow Jones down 0.03%

U.S. stock futures pointed to a steady open on Thursday, as investors remained cautious after Federal Reserve Chairman Ben Bernanke's highly watched comments on Wednesday.  Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.03% dip, S&P 500...

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Dollar holds gains after Bernanke

The dollar broadly higher against the other major currencies on Thursday after Federal Reserve Chairman Ben Bernanke indicated Wednesday that the bank still expects to start tapering its asset purchase program by the end of the year. During European late morning trade, the...

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