Page 27 - Philly Fed News Today

Philadelphia-area manufacturing activity contracted at a slower rate in the month of October, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.

The Australian Dollar (AUD) continues its losses against the US Dollar (USD) on mixed employment data released by the Australian Bureau of Statistics on Thursda

A top ranked economics and finance blog with a focus on the housing market

USD/MXN extends the winning streak for the third consecutive session, trading higher around 18.2990 during the Asian session on Thursday. The pair gai

A top ranked economics and finance blog with a focus on the housing market

The USD/CHF pair posts modest gains below the 0.9000 psychological mark during the Asian session on Thursday. The recovery of the pair is supported by

The Indian Rupee (INR) edges higher against the US Dollar (USD) on Thursday. However, the further escalation of geopolitical tensions in the Middle Ea

Financial markets are once again immersed in a phase of risk aversion, a sentiment spurred by the notable ascent of benchmark treasury yields. US 10-year yield is confidently moving closer to the 5% mark. Even Japan's 10-year JGB yield is hitting another decade high. The prevalent mood has propelled safe-haven currencies like Swiss Franc, Yen, and Dollar to be the standout performers of the day. In contrast, Aussie, Kiwi, and Loonie trail behind. Euro and Sterling find themselves in an inte...

USD/CHF recovers the intraday losses on surging US Treasury yields, trading higher around 0.9000 during the early European session on Thursday. Howeve

By Ed Frankl Manufacturing activity in the Philadelphia area contracted for the second consecutive month in October, though not as steeply as in September, with improving signals for new...