Friday, December 12, 2008
US Dollar Declines May Continue as US Retail Sales are Expected to Fall for 5th Straight MonthThe
US dollar was already falling across the majors this morning when the
release of US economic data at 8:30 ET suggested that the Federal
Reserve will indeed cut rates aggressively next week.First, the
US import price index fell by the most since record-keeping began in
1989 at a rate of 6.7 percent... [read more]
Thursday, December 11, 2008
Normal
0
false
false
false
EN-US
X-NONE
AR-SA
... [read more]
Thursday, December 11, 2008
Normal
0
false
false
false
EN-US
X-NONE
AR-SA
... [read more]
Saturday, December 06, 2008
Does it feel like your money is shrinking nowadays? In some countries around the world, it really is getting smaller.
Mexico,
following the lead of several countries around the world, has proposed
making coins smaller and using cheaper metals to keep cost low amid the
financial crisis and volatile metal costs.The Mexican Senate on
Thursday approved President Felipe Calderon's bill to modify the
country's... [read more]
Friday, December 05, 2008
Euro falls slightly against dollar as investors anticipate interest rate cutsBERLIN
(AP) -- The 15-nation euro fell slightly against the U.S. dollar as
markets anticipated rate cuts from both the European Central Bank and
the Bank of England later Thursday.In morning European trading the common currency bought $1.2620, down from $1.2655 late Wednesday in New York.The
British pound fell to... [read more]
Thursday, December 04, 2008
Question:
Here we can see a Double Top occurring on the USD/CAD chart. The MACD
indicator shows the first peak, but gets nowhere near on the second
peak. This to me indicates that the trend will turn and shows a good
time at which to sell.
Power Course Instructor’s Response: Well done...
This
is a dramatic... [read more]
Thursday, December 04, 2008
Serbia's
currency on Wednesday dropped to an all-time low against the euro
despite repeated central bank interventions to support it on foreign
exchange markets.The dinar traded down at 90.59 per euro -- from
highs of 75.75 a euro on Aug. 7 -- even though the National Bank of
Serbia (NBS) on Tuesday sold euro10 million ($12.7 million) on
financial markets to offset the strong demand for foreign... [read more]
Thursday, December 04, 2008
The
ADP employment report for November showed that the private sector
reduced their payrolls by 250,000 which were the most since November,
2001. Goods producing firms led by dropping 158,000 jobs as
manufacturing activity has grinded to a halt. Indeed, the forecast for
the Non-farm payrolls report is expected to show total job losses for
the month at 325,000. However, given the private sector... [read more]
Wednesday, December 03, 2008
NZD/USD:
October 2008 Reserve Bank of New Zealand Rate Decision
The
RBNZ lowered the benchmark interest rate by 100bp to 6.50% from 7.50% –
the largest reduction since the central bank began using the official
cash rate in 1999. The extraordinary efforts taken on by Governor Alan
Bollard suggests that economic conditions are deteriorating... [read more]
Wednesday, December 03, 2008
Normal
0
false
false
false
EN-US
X-NONE
AR-SA
... [read more]
<<Home
[ Page:1/2 ] Next Page>>








