U.S stocks up on earnings, Facebook soars 30%; Dow rises 0.09%

U.S. stocks posted modest gains on Thursday after investors bought and sold equities on second-quarter earnings. Social network icon Facebook saw its share prices soar nearly 30% after earnings blew past expectations, prompting many brokerages to raise the price targets on...

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Forex - Dollar dips on disappointing weekly U.S. jobless claims

The dollar softened against most major currencies on Thursday after weekly jobless claims rose in the U.S. last week. Disappointing or even lackluster U.S. indicators tend to dampen expectations that dollar-weakening monetary stimulus programs such as the Fed's monthly USD85...

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Forex - GBP/USD gains on U.K. growth rates, soft U.S. jobs data

The pound moved higher against the dollar on Thursday after U.K. growth rates met expectations while U.S. jobless claims figures came in worse than expected. In U.S. trading on Thursday, GBP/USD was trading at 1.5357, up 0.28%, up from a session low of 1.5265 and...

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Forex - EUR/USD gains on disappointing U.S. jobless claims

The euro moved higher against the dollar on Thursday after data revealed more Americans filed for unemployment assistance last week. In U.S. trading on Thursday, EUR/USD was up 0.22% at 1.3229, up from a session low of 1.3166 and off from a high of 1.3240. The pair...

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Gold rises as U.S. jobless claims make unexpected gains

Gold prices rose on Thursday after official data in the U.S. revealed that more individuals sought out jobless assistance last week than expected, which weakened the dollar.  Disappointing U.S. indicators tend to dampen expectations that dollar-weakening monetary stimulus...

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Forex - GBP/USD rangebound after mixed U.S. data

The pound was rangebound against the U.S. dollar on Thursday, erasing losses after the release of mixed U.S. economic reports fuelled fresh uncertainty over whether the Federal Reserve will soon begin tapering its stimulus program.  GBP/USD pulled away from 1.5265,...

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Dollar broadly lower after U.S. durables, jobs reports

The dollar was broadly lower against the other major currencies on Thursday after data showed that U.S. jobless claims increased slightly last week and durable goods orders increased last month. The Labor Department said the number of individuals filing for initial jobless...

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U.S. initial jobless claims rose by 7,000 to 343,000 last week

The number of people who filed for unemployment assistance in the U.S. rose more than expected last week, official data showed on Thursday.  The Labor Department said the number of individuals filing for initial jobless benefits in the week ending July 20 increased by...

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US durable goods orders jump in June, core flat

U.S. durable goods orders rose more-than-expected in June, while core orders were flat, official data showed on Thursday The Commerce Department said orders for long lasting manufactured goods rose by a seasonally adjusted 4.2% last month, compared to expectations for an increase...

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Forex - EUR/USD slightly higher ahead of U.S. data

The euro was slightly higher against the dollar on Thursday as upbeat euro zone data buoyed the single currency and investors’ attention turned to U.S. data due for release later in the trading day. EUR/USD hit 1.3237 during European afternoon trade, the session high;...

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European stocks push lower despite positive data; Dax down 0.96%

European stocks pushed lower on Thursday, despite the release of positive German business climate and Spanish unemployment data as a flurry of mixed earnings reports weighed on european equities. During European afternoon trade, the EURO STOXX 50 retreated 0.81%, France’s...

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U.S. futures fall ahead of economic reports; Dow Jones down 0.52%

U.S. stock futures pointed to a lower open on Thursday, as investors eyed upcoming U.S. economic reports, after recent U.S. housing sector data added to expectations for a near-term end to the Federal Reserve's stimulus program.  Ahead of the open, the Dow Jones Industrial...

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Dollar mixed as U.S. data awaited

The dollar was mixed against the other major currencies on Thursday, as investors awaited U.S. economic data later in the day for indications on when the Federal Reserve might start to unwind its asset purchase program. During European late morning trade, the dollar fell...

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Forex - USD/CHF edges higher, U.S. data in focus

The U.S. dollar edged higher against the Swiss franc in cautious trade on Thursday, amid ongoing uncertainty over the future of the Federal Reserve's stimulus program after recent upbeat U.S. housing data lent support to the greenback.  USD/CHF hit 0.9392 during European...

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