The Swiss franc, which is consider the safe currency, rose against the euro in the first half of this week as demand for the safety increased, but slumped in the second half as the risk appetite improved. The franc slid versus the greenback at the end of the week, but decline wasn’t strong enough to erase the previous gains.(…)Read the rest of Weekly Performance of Swiss Franc: Up vs. Dollar, Flat vs. Euro (144 words) Posted [...]
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The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures have shown. 13 Vote(s) Read More Obama US Economy is moving in the right direction
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How much money do you have in your wallet? I’m not trying to be nosey. I want to make a very important point about what is wealth – and why what we call "dollars? have lost 80 percent of their purchasing power since I came kicking and screaming i 13 Vote(s) Read More The Conspiracy [...]
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Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered a generally gloomy outlook – especially for the U 8 Vote(s) Read More Experts see trouble ahead for developed world
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U.S. Nonfarm Payrolls data released today showed that jobs declined by less than expected in August as the private-sector added jobs and government hiring continued to decline. 7 Vote(s) Read More US Jobs Report declines less than expected in August
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Unemployment in the United States rose from to 9.6 per cent in July from 9.5 per cent, the country’s labour department has said. 6 Vote(s) Read More US unemployment edges up to 96 persen
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