UK Chancellor of the Exchequer George Osborne rejected demands of the opposition to reconsider the spending cuts that are biggest since World War II. The Great Britain pound reacted positively to the news.(…)Read the rest of Osborne Refuses Review Spending Cuts, Boosting Pound (129 words) Posted on Forex News. Read More Osborne Refuses Review Spending Cuts, Boosting Pound
Posted in FX News | Tagged boosting, cuts, osborne, pound, refuses, review, spending
While June’s personal income and consumption numbers are old news, in many ways they also provide some keen insights into the current quarter. The most significant takeaway comes from the consumption data, which were even weaker than expected. Nominal spending fell 0.2 percent in June, marking the first decline in Read More Falling Gasoline Prices [...]
Posted in FX News | Tagged boost, failed, falling, gasoline, in, june, prices, spending, to
FXstreet.com (Barcelona) – US construction Spending dropped to -0.6%in May, following a decline of… For more information, read our latest forex news. Read More US Construction Spending registers further decline in May
Posted in FX News | Tagged construction, decline, further, in, may, registers, spending, us
Former Conservative prime minister argues that David Cameron’s commitment to aid is bold, necessary and right. Read More Sir John Major foreign spending isnt just right it should make us proud
Posted in FX News | Tagged foreign, isnt, it, john, just, major, make, proud, right, should, sir, spending, us
Data from the US showed that personal incomes and spending both increased 0.4% in April, figures that were broadly in line with expectations, but a cool down in spending as spending had increased a downwardly revised 0.5% in March. Unfortunately discounting spending for price changes, we see that spending actually barely Read More US Data [...]
Posted in FX News | Tagged amp, confidence, consumer, data, home, incomes, pending, personal, roundup, sales, spending, umich, us
The US dollar extended its drop against most major currencies today as the economic data showed that US consumers were spending less than expected last month and pending home sales slumped heavily.(…)Read the rest of Dollar Slumps on Personal Spending & Pending Home Sales (130 words) Posted on Forex News. Read More Dollar Slumps on Personal Spending dan Pending [...]
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Spending power among British consumers has risen over the past year, despite soaring petrol costs, but has done nothing to improve perceptions of individual financial wellbeing, according to the most comprehensive survey of spending habits yet conducted. Read More Rise in spending power fails to curb public pessimism
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FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news. Read More US Feb Construction Spending MoM falls 14 persen in February
Posted in FX News | Tagged 14, construction, falls, feb, february, in, mom, spending, us
While the 0.7 percent jump in personal spending may appear to signal consumer strength, much of the increase simply reflects the price of goods and services going up. After accounting for higher prices, the increase in real spending was only 0.3 percent. On average across the United States, gasoline prices Read More Consumer Spending Picked [...]
Posted in FX News | Tagged consumer, did, february, in, picked, prices, so, spending, up
The British Pound pared the overnight decline to 1.5936 as Bank of England board member Andrew Sentance held a hawkish outlook for monetary policy, but the rebound in the exchange rate could be short-lived as the MPC looks to preserve its wait-and-see approach throughout the first-half of the year. Read More Forex British Pound To [...]
Posted in FX News | Tagged british, economic, face, Forecast, forex, headwinds, personal, pound, spending, to, tops, us
