US Factory Orders Fall more than Expected in January

WASHINGTON, March 5 Reuters New orders for U.S.manufactured goods dropped more than expected in January, pulled down by a sharp decline in bookings for commercial aircraft, but demand for computers and electronic products accelerated. Factory orders fell 3.6 after slipping 0.3 in December, the Commerce Department39;s Census Bureau said on Tuesday. Economists polled by Reuters […]
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C Weakens as Investors Eye Risk of Dovish Bank of Canada

Canadian dollar weakens 0.1 against the greenback Trades in a range of 1.3546 to 1.3583 Price of U.S. oil settles 1.5 lower Canadian bond yields rise across the curve TORONTO, Reuters The Canadian dollar weakened against its U.S. counterpart on Monday as oil prices fell and investors awaited an interest rate decision this week by the […]
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Spring Budget may Awaken Sterling from Hibernation

LONDON, March 5 Reuters Sterling39;s meandering performance against the dollar could get a jolt this week as Britain39;s finance minister faces pressure to cut taxes, but with the gilt turmoil of September 2022 still fresh in the mind, prudence may be the order of the day. The pound has traded in a narrow 1.25011.2825 range against […]
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