Fx Primus Rebates

Gold Edges Higher

Gold prices are edging up marginally Wednesday morning, even as the dollar hovered around one-month highs and the pound stayed weak amid Brexit uncertainty. Recent comments from Fed Chair Jerome Powell that interest rates in the U.S. were just below neutral, and remarks from other Fed officials indicate that the central bank will pause monetary…

Fx Primus Rebates

Euro Little Changed After German ZEW Survey

Following the release of German ZEW economic sentiment survey for December at 5.00 am ET Tuesday, the euro changed little against its major counterparts. The euro was trading at 128.68 against the yen, 1.1233 against the franc, 1.1384 against the greenback and 0.9018 against the pound around 5:03 am ET. The material has been provided…

Fx Primus Rebates

Euro Mixed Ahead Of German ZEW Survey

At 5.00 am ET Tuesday, Germany’s ZEW economic sentiment survey for December is due. Ahead of the data, the euro traded mixed against its major counterparts. While the euro held steady against the greenback and the yen, it fell against the pound and the franc. The euro was worth 128.71 against the yen, 1.1231 against…

Fx Primus Rebates

Pound Spikes Up As U.K. Wage Growth Improves To 10-year High

The pound strengthened against its major counterparts in the European session on Tuesday, as U.K. jobs data showed that earnings topped expectations in the three months to October, which was the fastest pace of growth since December 2008. Data from the Office for National Statistics showed that average earnings including bonuses rose 3.3 percent year-on-year…