On Wednesday at 1000ET/1500GMT, Fed Chair Bernanke will present the Fed’s semi-annual economic update to the House Financial Services Committee. Headlines from his prepared remarks will flash across at the start of his testimony, and Q&A later will provide for more headlines. Read More Feds Semiannual Economic Update
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Investors welcomed the news and the euro jumped against the US dollar after the announcement. The interest that Greece needs to pay for the first bailout package was lowered to 1.5% over market rates from 2-3% about market rates previously agreed. 29 Vote(s) Read More Weekly Fundamentals Rise in Oil Prices May Further Defer Economic [...]
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Canadian dollar is benefiting from improved sentiment today. A general feeling of risk appetite has returned to the Forex market, thanks to encouraging economic news out of the United States and Germany. Loonie is also finding some support against the US dollar as a commodity currency, with oil prices on the rise. (…)Read the rest of Economic Data Helps Loonie (131 words) Posted on Forex News. Read More [...]
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NZD/USD was trading at 0.8396, up 0.91% at time of writing. The pair was likely to find support at 0.8246, Thursday’s low, and resistance at 0.8422, Wednesday’s high. Earlier in the day, official data showed that New Zealand’s producer price inflation … 27 Vote(s) Read More NZD USD up on economic data
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By Forexpros | Forex News | Feb 13, 2012 12:55AM GMT Forexpros – The Australian Dollar was higher against the US Dollar on Monday after the release of Australian data on Home Loans. AUD/USD was trading at 1.0690, up 0.16% at time of writing. 24 Vote(s) Read More AUD USD up on economic data
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Economists are divided on the outlook for the UK this year, with recent data painting a mixed picture for 2012. Here is a snapshot of the British economy’s bright and dark spots. Read More The UKs economic highs and lows in pictures
Posted in FX News | Tagged and, economic, highs, in, lows, pictures, the, uks
FXstreet.com (C?rdoba) – The further the prospect of additional quantitative easing measures (QE3)… For more information, read our latest forex news. Read More Forex Flash USD strength driven by economic data Commerzbank
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When: January 21, 2012, 1 pm to 6 pm Where: Sunlife Training Center, 7/F ACE Bldg, Rada cor Dela Rosa St., Makati City 39 Vote(s) Read More Philippine Business and Economic Outlook For 2012 Forum
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As Europe continues to struggle with its ongoing debt crisis, the EMU’s largest economy steadily grew in 2011… Read More German 2011 Economic Growth in Line With Predictions at 30 persen
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The Australian dollar gained against the euro and closed higher versus the greenback today as signs that the US economy continues to recover reinforced positive mood on the Forex market and increased appeal of higher-yielding currencies.(…)Read the rest of US Economic Growth Benefits Australian Dollar (95 words) Posted on Forex News. Read More US Economic Growth Benefits Australian Dollar
Posted in FX News | Tagged australian, benefits, dollar, economic, growth, us