Treasuries Extend Rebound Seen In Previous Session

Extending the rebound seen in the previous session, treasuries showed a notable move to the upside during trading on Friday. Bond prices climbed into positive territory in morning trading before moving roughly sideways in the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, ...

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Dollar Trading Mixed After GDP Report

The dollar is turning in a mixed performance against its major rivals Friday afternoon. The buck is slightly lower against the Euro and the Japanese Yen, but is climbing against the British pound after the disappointing UK GDP report. Economic growth in the U.S. continued to slow in the first ...

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Gold Trims Weekly Losses After GDP

Gold futures rose Friday, trimming this week’s losses as traders weighed a flurry of U.S. economic data. June gold settles up 0.4% at $1,323.40/oz, improving from a 5-week low. Gold posted a weekly loss of 1.1%. Economic growth in the U.S. continued to slow in the first quarter of 2018, ...

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Dollar Little Changed After U.S. Consumer Sentiment Index

Following the release of the University of Michigan’s consumer sentiment index for April at 10.00 am ET Friday, the greenback changed little against its major rivals. The greenback was trading at 109.21 against the yen, 1.3780 against the pound, 1.2082 against the euro and 0.9900 against the franc around 10:01 ...

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U.S. Consumer Sentiment Drops Less Than Initially Estimated In April

With consumer expectations dropping less than previously indicated, the University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by less than initially estimated in the month of April. The report said the consumer sentiment index for April was upwardly revised to 98.8 from the ...

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Dollar Mixed Ahead Of U.S. Consumer Sentiment Index

The University of Michigan’s consumer sentiment index for April will be revealed at 10.00 am ET Friday. The consensus is for 98.0, almost in line with 97.8 in the previous month. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback held steady against the ...

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Gold Flat After Upbeat GDP

Gold prices were flat Friday, staying near 5-week lows amid upbeat U.S. economic data. Gold was up $1.80 at $1319 an ounce. Economic growth in the U.S. continued to slow in the first quarter of 2018, according to a report released by the Commerce Department on Friday, although the pace ...

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Ireland Retail Sales Fall Further In March

Ireland’s retail sales declined for the fourth successive month in March, preliminary figures from the Central Statistics Office showed Friday. The volume of retail sales dropped 2.2 percent month-over-month in March, faster than the 0.5 percent fall in February. The sectors with the largest monthly volume decreases were hardware, paints& ...

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