The US dollar ended week lower against most major currencies as the US economic data was negative for the whole week. The minutes of the Federal Open Market Committee monetary meeting further weakened the dollar as they showed that the Federal Reserve isn’t planning to increase the interest rates.(…)Read the rest of US Dollar Posts Weekly Losses as Economy Looks Bad (135 words) Posted on Forex News. Read [...]
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Euro Risks to Downside as Greek Troubles threaten Euro Zone Fundamental Forecast for the Euro: Bearish Euro tumbles as Norway suspends aid to Greece, Fitch downgrades Cross-market correlations trade near record, Euro to trade off of moves in S&P 500 Euro technical forecasts favors test of resistance before further declines The Euro finished the week [...]
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US Dollar Rally to Resume as QE2 Expiry Looms Ever Closer Euro Risks to Downside as Greek Troubles threaten Euro Zone Japan Slides Back Into Recession– Yen suffers, but Losses Tempered Pound Plummets Ahead of Key CPI Data, BoE Minutes Canadian Dollar Weakness To Gather Pace, Exposing Key Levels Australian Dollar Tracks Gold Prices, Short-Term [...]
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Read More US Dollar Rally to Resume as QE2 Expiry Looms Ever Closer
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Read More Gold to Follow SdanP 500 Lower Amid BroadBased Risk Aversion
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Politicians have failed to prepare the public for the scale of the impending squeeze on living standards, Business Secretary Vince Cable has warned. Read More Public dont understand how bad the economic crisis is, warns Vince Cable
Posted in FX News | Tagged bad, cable, crisis, dont, economic, how, is, public, the, understand, vince, warns |
There is a saying that goes, leaders are not born, these are made. This line is very true as it was in the olden times and is still applicable today. Before a King turns over the throne to the prince, the young man is trained in various subjects. These include subjects such as combat, history [...]
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The IMF will soon be confronted with the difficult decision of choosing a new head. If these were ordinary times, it might be of little moment. But these are not ordinary times, says Joseph Stiglitz. Read More Joseph Stiglitz the IMF cannot afford to make a mistake with StraussKahns successor
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Nobody ever made it to the top overnight. This is an answer that a person can ask anybody from athletes to some of the most influential people in the fields of medicine, law or politics. It takes time to learn it from scratch, form one’s own style then refine it. Humans are not perfect. When [...]
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Christine Lagarde seems a shoo-in for Dominique Strauss-Kahn’s job, despite a growing clamour for the IMF chief to be a non-European. Read More Why Christine Lagarde is the favourite to replace StraussKahn as IMF leader
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