The New Zealand dollar dropped today as the retail sales were lower than the analysts predicted and on the concern that the European debt crisis will dump the demand for the riskier currencies.(…)Read the rest of European Woes Bring Down New Zealand Dollar (65 words) Posted on Forex News. Read More European Woes Bring Down New Zealand Dollar
Posted in FX News | Tagged bring, dollar, down, european, new, woes, zealand |
The Swiss franc dropped against the U.S. dollar for the fifth consecutive day and fell versus the euro after the four days of the appreciation on the speculation that the central bank will intervene to prevent the currency from advancing further.(…)Read the rest of Central Bank May Prevent Swiss Franc’s Appreciation (75 words) Posted on Forex News. Read More Central Bank May Prevent Swiss Francs Appreciation
Posted in FX News | Tagged appreciation, bank, central, francs, may, prevent, swiss |
The Canadian dollar fell today to the weekly low against its U.S. counterpart, erasing its gains this week, as the concerns about the debt crisis in the European countries erode the demand for the raw materials, including oil.(…)Read the rest of EU Rescue Plans Undermine Oil ? Canadian Dollar Sinks (99 words) Posted on Forex News. Read More EU Rescue Plans Undermine Oil Canadian Dollar Sinks
Posted in FX News | Tagged canadian, dollar, eu, oil, plans, rescue, sinks, undermine |
The U.S. extended its gains against the euro for the fifth consecutive day after the reports showed that the retail sales and the consumer confidence in the U.S. increased while the debt troubles in the European Union cause concern about the future of the common European currency.(…)Read the rest of Dollar Extends Gains vs. Euro Supported by Economic Recovery (132 words) Posted on Forex News. Read More Dollar Extends Gains vs [...]
Posted in FX News | Tagged by, dollar, economic, euro, extends, gains, recovery, supported, vs |
The U.S. dollar rose against most other major currencies as the government reports signaled about the stable recovery of the U.S. economy, while other countries were troubled either with internal problems or by the impact of the European debt crisis on the global markets; the U.S. currency was experiencing volatility versus the Japanese yen and fell against it by the end of the week, also dropping against the Canadian dollar.(…)Read the rest of Dollar Strengthens vs. [...]
Posted in FX News | Tagged declines, dollar, euro, loonie, pound, strengthens, vs, yen |
Qatar’s energy minister on Saturday blamed the uncertainty over euro zone debt problems for the volatility in the oil market and the slide in crude prices. 13 Vote(s) Read More Euro zone uncertainty reason for oil volatility
Posted in FX News | Tagged euro, for, oil, reason, uncertainty, volatility, zone |
The markets gave a thumping start to the week as the European Union agreed on a large emergency package of 500 billion Euros for the financially-struggling nations over the previous weekend. 13 Vote(s) Read More EU bailout, US exports numbers cheer markets
Posted in FX News | Tagged bailout, cheer, eu, exports, markets, numbers, us |
THE euro is set to slide further and could be heading for parity with the dollar, analysts say. The single currency’s weakness and mounting fears over Europe’s recovery prospects could hit growth in Britain. 9 Vote(s) Read More Euro heads for parity with dollar
Posted in FX News | Tagged dollar, euro, for, heads, parity, with |
John Paulson and Warren Buffett, both of whom have made billions of dollars for themselves and millions for their clients with their prescient investments, have each made the case that the U.S. is experiencing a strong economic recovery. 6 Vote(s) Read More Two who should know say the US economy is on the mend
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The European debt crisis is a stark reminder for the United States to tackle its own massive budget deficit, which some fear will remain at trillion-dollar levels for many years to come. 5 Vote(s) Read More European debt crisis a grim reminder for US
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