October 2009
You are browsing the archive for October 2009.
Business activity in the U.S. unexpectedly expanded in October, a sign the economic recovery that began in the third quarter will persist in coming months. Read More Chicago Purchasing Managers Index Increased to 542 in October
Posted in FX News | Tagged 542, chicago, in, increased, index, managers, october, purchasing, to
U.S. consumer sentiment slipped this month as Americans worried about their personal finances and focused on paying down debts, though confidence in a national recovery remained high, a survey showed on Friday Read More Consumer sentiment slips in October survey
Posted in FX News | Tagged consumer, in, october, sentiment, slips, survey
While this news should not be confused with a fresh downturn for the U.S. economy it is a little disappointing, while inviting further consumer stimulus in the first quarter of next year. Read More Dollar and yen close the week on a high note
Posted in FX News | Tagged a, and, close, dollar, high, note, on, the, week, yen
US consumer spending fell for the first time in five months in September after the end of the government’s “cash for clunkers” scheme. Read More US consumer spending drops as cash for clunkers stimulus ends
Posted in FX News | Tagged as, cash, clunkers, consumer, drops, ends, for, spending, stimulus, us
<!–TITOL: Forex: EUR/USD hits 1.4710, fresh intra-day lowFITITOL–>FXstreet.com (C?rdoba) ? The Dollar is extending its gains against the Euro on Friday, helped by a big sell-off in stocks. EUR/USD fell to 1.4708, posting a fresh intra-day low. Currently trades at 1.4718/21, 0.80% below today?s opening price. The pair has fallen more than 80 pips since [...]
Posted in FX News | Tagged 14710, eurusd, forex, fresh, hits, intraday, low
<!–TITOL: Forex: GBP/USD falls further to 1.6410FITITOL–>FXstreet.com (C?rdoba) ? Dollar is getting stronger across the board with the exception of the Yen on a big sell-off in equities. GBP/USD fell after the opening bell to 1.6415 (intra-day low). From there rebounded sharply and rose back above 1.6500 but failed to hold and regained the downside. [...]
Posted in FX News | Tagged 16410, falls, forex, further, gbpusd, to
<!–TITOL: Markets tumbled sending Dollar and Yen higherFITITOL–>FXstreet.com (C?rdoba) ? U.S. markets ended Friday with deep losses. The Dow Jones and the Nasdaq plunged 2.50% and the S&P500 fell 2.80%. It was one of the worst days in Wall Street since April. The increase in risk aversion helped the Yen and the Dollar that recovered [...]
Posted in FX News | Tagged and, dollar, higher, markets, sending, tumbled, yen
<!–TITOL: Forex: EUR/USD falls sharply on FridayFITITOL–>FXstreet.com (C?rdoba) ? The Dollar rose against the Euro erasing Thursday?s losses. EUR/USD fell to 1.4700 (intra-day low) but failed to break below. The Euro did not hold above 1.4800 and weakened. The fall in stocks helped Greenback that finished the week higher for the first since late September [...]
Posted in FX News | Tagged eurusd, falls, forex, friday, on, sharply
<!–TITOL: Forex: GBP/USD: Cable ends week higher but far from the highsFITITOL–>FXstreet.com (C?rdoba) ? The Pound fell on Friday against the Dollar but managed to hold weekly gains. GBP/USD failed to break above 1.6600 and started to fall. The pair found support at 1.6410 and ended the week near the 1.6450 zone. Cable rose for [...]
Posted in FX News | Tagged but, cable, ends, far, forex, from, gbpusd, higher, highs, the, week
This is a treacherous moment for markets as authorities across the world take steps to wean their economies off emergency stimulus. Read More Central banks chill asset rally
Posted in FX News | Tagged asset, banks, central, chill, rally
