By 8am today the kiwi was buying US70.19c, down from US70.43c at 5pm on Friday, and after having peaked around US74.40c in mid-January. 14 Vote(s) Read More NZ Dollar Falls Further Against Greenback
Posted in FX News | Tagged against, dollar, falls, further, greenback, nz |
Australia needs to increase mandatory pension contributions to 12 percent of earnings from 9 percent to ensure adequate retirement incomes, according to a finance industry study. 12 Vote(s) Read More Australia Pensions Facing Disaster on Shortfall
Posted in FX News | Tagged australia, disaster, facing, on, pensions, shortfall |
EUR/USD had a terrible week, reaching 6 month lows against the dollar, with the final push on Friday’s American GDP. The upcoming week is quite busy, with a rate decision being the highlight. Here’s an outlook for the upcoming 8 events in Europe 11 Vote(s) Read More EUR USD Outlook February 15
Posted in FX News | Tagged 15, eurusd, february, outlook |
Bernanke was asked specifically whether the rise of Gold should get him worried about the dollar reserve status. He doesnt seem to be too worried. But then he was not worried when the sub prime crisis was blowing off into his face in 2008. 9 Vote(s) Read More Bernanke on the rise of Gold
Posted in FX News | Tagged bernanke, gold, of, on, rise, the |
During January gold traded sideways to lower mainly due to the stronger US dollar. The Euro was also hit hard on concern in Greece’s fiscal heath. 10 Vote(s) Read More Strong US Dollar Puts Pressure on Gold
Posted in FX News | Tagged dollar, gold, on, pressure, puts, strong, us |
The world’s largest economy roared back but concerns about the strength of the recovery remain. Read More US economy races back to enjoy strongest growth since 2003
Posted in FX News | Tagged 2003, back, economy, enjoy, growth, races, since, strongest, to, us |
Investors should not abandon gilts despite a leading bond investor describing the market as “a bed of nitroglycerine”, according to a well known bond fund manager. Read More Pimco is exaggerating threat to gilts
Posted in FX News | Tagged exaggerating, gilts, is, pimco, threat, to |
The last three months of 2009 saw the US economy move aggressively out of recession. Read More US economy roars back to enjoy strongest quarter since 2003
Posted in FX News | Tagged 2003, back, economy, enjoy, quarter, roars, since, strongest, to, us |
Information was quietly removed from an influential government report on the cost of climate change after its initial publication because supporting scientific evidence could not be found. Read More Stern report was changed after being published
Posted in FX News | Tagged after, being, changed, published, report, stern, was |
A Conservative government would make a start on cutting the ?178 billion deficit if it took power at the general election but not move too quickly, says Tory leader. Read More David Cameron Conservatives will not make swingeing cuts
Posted in FX News | Tagged cameron, conservatives, cuts, david, make, not, swingeing, will |
