Canadian dollar was outperforming the yen and the greenback, both of which are seen as safe-haven currencies, where investors seek refuge when the economic mood sours. 8 Vote(s) Read More Loonie hits strongest level since May on recovery hopes
Posted in FX News | Tagged hits, hopes, level, loonie, may, on, recovery, since, strongest |
He thinks the Fed is unlikely to raise rates until the middle of next year at the earliest and does not rule out the Fed standing pat until 2012. 9 Vote(s) Read More Get ready for a Fed rate hike in 2012
Posted in FX News | Tagged 2012, a, fed, for, get, hike, in, rate, ready |
Oil prices fell in Asian trade yesterday after rallying overnight on expectations of better demand, spurred by an upbeat outlook on the U.S. economic recovery, analysts said. 8 Vote(s) Read More Oil prices fall in Asian trade
Posted in FX News | Tagged asian, fall, in, oil, prices, trade |
Treasury Secretary Timothy F. Geithner said China’s exchange-rate policy is an impediment to a more balanced global recovery and allowing the yuan to strengthen would benefit Chinese consumers. 9 Vote(s) Read More Geithner Says China Yuan Policy Hurts Global Recovery
Posted in FX News | Tagged china, geithner, global, hurts, policy, recovery, says, yuan |
Orange-juice futures dropped on forecast that the crop in Florida would be bigger than previously predicted. Cotton prices climbed today after exports in the U.S. jumped. Wheat gained today after the U.S. government predicted that domestic invent 7 Vote(s) Read More Decline of OrangeJuice, Increasing Cotton danamp Wheat Prices
Posted in FX News | Tagged amp, cotton, decline, increasing, of, orangejuice, prices, wheat |
In early European deals on Thursday, the euro registered gains against other major rivals as investors focus on the European Central Bank, which is due to announce its decision on interest rates at 7:45 am ET. 6 Vote(s) Read More Euro Rises Against Majors ECB In Focus
Posted in FX News | Tagged against, ecb, euro, focus, in, majors, rises |
The Mexican peso gained today for a third straight day against the U.S. dollar as the crude oil prices rose and on the expectation that the central bank won’t rise the interest rates after the consumer prices fell more than predicted. 6 Vote(s) Read More Mexican Peso Rises as Consumer Prices Slow
Posted in FX News | Tagged as, consumer, mexican, peso, prices, rises, slow |
Investors around the world are buying gold at record levels pushing up gold prices to a record $1,251.20 or ?861 an ounce on Tuesday after investors ditched the euro because of the debt crisis in Europe and uncertainties over the future of U.S. i 6 Vote(s) Read More Gold surging the danquotsafe investmentdanquot
Posted in FX News | Tagged gold, investmentquot, quotsafe, surging, the |
As you probably know by now, UK’s ballooning public deficit has been the center of attention amongst traders these past few months. Let’s take a look at the recent figures and statements to see how much trouble they’re in. 6 Vote(s) Read More UKs Finances in Shambles
Posted in FX News | Tagged finances, in, shambles, uks |
The Bank of England is most likely to hold its interest rate at a record low and leave the size of asset purchase programme unchanged at GBP 200 billion amid muted economic recovery, the eurozone sovereign debt crisis and the looming fiscal conso 6 Vote(s) Read More BoE Likely To Hold Key Rate
Posted in FX News | Tagged boe, hold, key, likely, rate, to |
