Gold prices declined on Thursday as the dollar index recovered early losses, with U.S. data boosting hopes the economy may be recovering and raising the prospect of an interest rate hike sooner rather than later. 10 Vote(s) Read More Gold declines as US data lifts dollar
Posted in FX News | Tagged as, data, declines, dollar, gold, lifts, us |
The U.S. dollar rose on Friday as risk tolerance dropped on data showing U.S. consumer sentiment eased in October and prompted safe-haven buying. 9 Vote(s) Read More Dollar climbs on US data
Posted in FX News | Tagged climbs, data, dollar, on, us |
Earnings season promotes volatility for the currency market 8 Vote(s) Read More Earnings season promotes volatility for the currency market
Posted in FX News | Tagged currency, earnings, for, market, promotes, season, the, volatility |
The rise in the Australian dollar reflects the strong fundamentals of that economy, but is a challenge for the country’s exporters, Australian Trade Minister Simon Crean said on Friday. 7 Vote(s) Read More High Aussie dollar reflects strong economy
Posted in FX News | Tagged aussie, dollar, economy, high, reflects, strong |
Gold prices rebounded in New York on speculation that the dollar will extend a slump, enhancing the appeal of the precious metal as an alternative asset. 6 Vote(s) Read More Gold Rebounds in New York on Bets Dollar Will Extend Slump
Posted in FX News | Tagged bets, dollar, extend, gold, in, new, on, rebounds, slump, will, york |
In today’s extract from his new book Roger Bootle looks at the future of capitalism Read More Greed isnt good its dangerous
Posted in FX News | Tagged dangerous, good, greed, isnt, its |
Germany’s leading institutes say the pace of economic recovery is “unsustainable” and the country’s banks may face a fresh crisis. Read More German Wise Men fear credit crunch in 2010
Posted in FX News | Tagged 2010, credit, crunch, fear, german, in, men, wise |
The pound rallied against both the dollar and euro on Thursday as traders unwound short positions on sterling amid increased optimism from the Bank of England. Read More Sterling rises against dollar and euro
Posted in FX News | Tagged against, and, dollar, euro, rises, sterling |
The British people are living in a fool’s paradise and have yet to understand the gravity of the economic crisis according a former head of the FSA. Read More ExFSA chief Sir Howard Davies sees dramatic risks for Britain
Posted in FX News | Tagged britain, chief, davies, dramatic, exfsa, for, howard, risks, sees, sir |
Americans’ increasing concerns about the economy haven’t hurt the leisure travel industry but business travel is taking a hit, according to the 2008 Travel Industry Association annual report, “Travel and Tourism Works for America.” U.S. travelers spent a record amount–$739.9 billion–last year. But it was leisure travel that kept the industry in the red. Business [...]
Posted in FX News | Tagged as, business, businesses, slumps, small, struggle, travel |
