5

+

Fed sees economic woes persisting into next year

posted by juanpablo 4 hours ago in USD, GDP made popular 58 minutes ago

Pounded by a fierce financial crisis, the country is sinking deeper into economic despair and is likely to be in the hole well into next year, forcing more Americans into the ranks of the unemployed.  read more

5

+

CAD/USD Continues to Fall After FOMC Minutes

posted by scorpio 11 hours ago in USD, CAD made popular 3 hours ago

Amid a radically risk-averse environment, the Canadian dollar is just off session lows against the U.S. dollar on Wednesday, following the release of the latest set of Federal Reserve meeting minutes.  read more

5

+

Consumer prices, home starts plunge in October

posted by eriathwen 12 hours ago in USD, Fundamental, Consumer made popular 3 hours ago

Consumer prices fell at a record pace in October and new-home building slumped to fresh lows, according to government reports on Wednesday that suggested the economy likely is already in a recession that may be long and deep.  read more

8

+

US grains, soy fall on ailing economy, firm dollar

posted by WebMarket 15 hours ago in USD, Agriculture made popular 15 hours ago

U.S. grain and soybean futures eased on Wednesday in tandem with other commodities, including crude oil and industrial metals, as concerns about a deepening global recession weighed on all markets, traders said.  read more

8

+

Consumer Prices Drop 1.0% on Lower Gasoline Costs

posted by InvestorsChoice 15 hours ago in USD, Oil, Consumer made popular 15 hours ago

Consumer prices dropped 1% in October as gasoline prices tumbled, the Labor Department said on Wednesday, marking a possible bright spot for consumers battered by economic turmoil.  read more

7

+

Markets Take Weak Economic Data In Stride

posted by pipOhoLic 15 hours ago in USD, Fundamental, Special made popular 15 hours ago

As expected, bad news on the state of the US economy continues to roll in. First up, construction starts on new US homes fell 4.5% to a record seasonably adjusted low of 791,000 units last month and new applications for building permits fell 12.0  read more

7

+

Canadian Dollar Suffers Broad-Based Losses as Equities

posted by kulas 1 day 35 minutes ago in USD, CAD, Fundamental made popular 12 hours ago

The loonie is currently down against all major foreign currencies, including the U.S. dollar ahead of Wednesday's anticipated consumer price index (CPI) report.  read more

8

+

U.S. Economy: No Easy Answers, But Plenty of Questions

posted by blitz 1 day 40 minutes ago in USD, Daily made popular 12 hours ago

These are some of the most frequently-asked questions I have heard in the various speaking engagements and media interviews I’ve participated in over the past several months.  read more