China said Friday that consumer prices rose 4.9pc year-on-year in February, well above the official target, but the government insisted it could keep inflation under control in 2011. Read More Chinas inflation rises to 49pc in February
Posted in FX News | Tagged 49pc, chinas, february, in, inflation, rises, to |
Surging oil and food prices sent annual factory gate inflation to its highest level since October 2008 in February. Read More Factory gate inflation highest in 28 months
Posted in FX News | Tagged 28, factory, gate, highest, in, inflation, months |
Bank of England Governor Mervyn King has called on governments to strike a ‘grand bargain’ on global imbalances to avert a dangerous slide towards protectionism. Read More Bank of England Governor Mervyn King calls for grand bargain on global imbalances
Posted in FX News | Tagged bank, bargain, calls, england, for, global, governor, grand, imbalances, king, mervyn, of, on |
In a last-ditch attempt to convince investors its finances are sustainable, Portugal has announced new spending cuts worth 0.8pc of GDP this year and structural reforms to push its deficit down faster. Read More Portugal cuts deeper as EU nations hold crisis meeting
Posted in FX News | Tagged as, crisis, cuts, deeper, eu, hold, meeting, nations, portugal |
European leaders reached agreement in the early hours of this morning on how to tackle the debt crisis afflicting the nations using the single currency, with significant concessions from Germany. Read More EU leaders reach deal on debt crisis
Posted in FX News | Tagged crisis, deal, debt, eu, leaders, on, reach |
GBPUSD: The pair has reversed its previous week gains and returned into its broken symmetrical triangle on Friday. 36 Vote(s) Read More GBPUSD Wipes Out Gains, Vulnerable To The Downside
Posted in FX News | Tagged downside, gains, gbpusd, out, the, to, vulnerable, wipes |
Todd Gordon, co-head of research at Aspen Trading Group, was also short dollar/yen when the earthquake hit, he said. He anticipates the market looking for congregations of stops right around the low that dollar/yen it hit in November, around 80.25, … 35 Vote(s) Read More Why the Yen Rallied PostQuake, and What You Should Do [...]
Posted in FX News | Tagged about, and, do, it, postquake, rallied, should, the, what, why, yen, you |
If the prices of gold and oil correct much lower, the USD would gain strength and the AUD would weaken. AUDUSD would eventually weaken. This is more than conjectural. There’s no way for the NZD to gain meaningful strength at the moment. … 29 Vote(s) Read More Rate this Story
Posted in FX News | Tagged rate, story, this |
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Posted in FX News | Tagged games, police |
Japan Metal Bulletin reported that copper scrap market price decreased by around JPY 16 per kilogram in Tokyo and Osaka after Japanese official copper ingot price decreased by JPY 20000 to JPY 840000 per tonne on the day. The dealers try to hold the … 24 Vote(s) Read More Copper scrap price dawn by JPY [...]
Posted in FX News | Tagged 16, by, copper, dawn, in, jpy, kilogram, per, price, scrap, tokyo |
