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Let Them Eat Cake Wheat prices still on the rise

Drought and fires last month in Russia resulted in the biggest one month rally since 1972. Chicago Board of Trade (CBOT) wheat for September delivery broke through the $7-a-bushel level in US trade for the first time since September 2008, befo 5 Vote(s) Read More Let Them Eat Cake Wheat prices still on the rise

Masoud EUR USD Review 19 Sep 10

Opinions of a Senior Koala 5 Vote(s) Read More Masoud EUR USD Review 19 Sep 10

DEFLATION Who Are They Kidding

A few weeks ago, everyone began to agree that the US was headed for a decade of Japan-style deflation. The banks weren’t lending, consumers weren’t borrowing, the Fed’s desperate attempts to create inflation weren’t working, the country was awash 5 Vote(s) Read More DEFLATION Who Are They Kidding

More Chinese expect house prices to risesurvey

An increasing number of Chinese think house prices will rise further, but fewer bankers expect a pre-emptive monetary policy tightening, according to a quarterly survey by the People’s Bank of China released on Sunday. 5 Vote(s) Read More More Chinese expect house prices to risesurvey

Dont let the old enemy win this time

5 Vote(s) Read More Dont let the old enemy win this time

Lower Demand for Safety Makes Yen Weaker

The Japanese yen weakened today, falling to the lowest level in more than in a month against the euro, on the forecasts that the reports today would show the producer prices increased in Germany and the consumer confidence improved in the US, decreasing the demand for the safe haven.(…)Read the rest of Lower Demand for Safety Makes Yen Weaker (69 words) Posted on Forex News. Read More Lower Demand for Safety Makes Yen Weaker

SNB Signals About Slower Growth of Swiss Economy, Franc Down

The Swiss franc fell to the lowest level in a month versus the euro today after the global equities rallied, erasing the demand for the safer currencies, and Switzerland’s central bank signaled about the slowdown of the nation’s economic growth.(…)Read the rest of SNB Signals About Slower Growth of Swiss Economy, Franc Down (90 words) Posted on Forex News. Read More SNB Signals About Slower Growth of Swiss Economy, […]

Risk Appetite Wanes, Euro Weakens

The euro weakened today, after it previously jumped to the highest level in more than a month, as the concerns resurfaced that some European banks may experience significant losses because of the global economic crisis and on the worries for Ireland’s economy.(…)Read the rest of Risk Appetite Wanes, Euro Weakens (134 words) Posted on Forex News. Read More Risk Appetite Wanes, Euro Weakens

New Zealand Dollar Rises, But Gains Tempered by Growth Outlook

The New Zealand dollar rose today at the start of the trading session against the US dollar and the Japanese yen as the gains of the Asian stocks increased the appeal of the higher-yielding currencies, but for the most part of the day it was declining as the fundamentals in New Zealand weren’t supportive to the currency.(…)Read the rest of New Zealand Dollar Rises, But Gains Tempered by Growth Outlook (143 words) Posted on Forex News. Read More New […]

Japans Yen Falls on Intervention, Stops Decline by Weekend

The Japanese yen slumped this week after Japan’s government intervened to trim gains for the first time since 2004, but the currency stopped its decline as the concerns for the economic growth resurfaced with the new strength.(…)Read the rest of Japan’s Yen Falls on Intervention, Stops Decline by Weekend (173 words) Posted on Forex News. Read More Japans Yen Falls on Intervention, Stops Decline by […]