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Sterling Uncertain Versus Other Majors Wednesday Morning

posted by pippinallnite 6 hours ago in GBP, Fundamental, GDP made popular 16 minutes ago

The sterling barely budged versus most other majors currencies Wednesday morning in New York as traders digested a slew of economic data from the UK.  read more

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Eurozone Trade Records Deficit For Second Straight Month In

posted by MarcB 2 days ago in EUR, Fundamental, Trade made popular 2 days ago

The Eurozone trade balance showed a deficit in June for the second straight month, but the gap narrowed from the previous month.  read more

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Why the buck stops here

posted by odell 4 days ago in USD, Fundamental, Special made popular 4 days ago

The dollar has had a nice run, but a soft economy is likely to cut the rally short.  read more

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Canada's Flaherty sees no recession this year

posted by odell 4 days ago in CAD, Fundamental, GDP made popular 4 days ago

Canadian Finance Minister Jim Flaherty said he expects solid economic growth this year, despite signs the country was on the brink of a recession in the first half.  read more

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Canadian dollar rises on manufacturing

posted by odell 4 days ago in CAD, Fundamental, Manufacturing made popular 4 days ago

Stronger-than-expected manufacturing figures helped lift the Canadian dollar against the U.S. dollar on Friday, while bond prices took their cue from a rising U.S. Treasury market.  read more

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Industrial output up 0.2 percent in July

posted by odell 4 days ago in USD, Fundamental, Manufacturing made popular 4 days ago

Industrial output rose in July at a slightly better pace than expected as a further rebound in the auto industry offset a big plunge in output at the nation's utilities.  read more

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Kiwi will keep on falling: experts

posted by warrenbuffet 5 days ago in NZD, Fundamental, Special made popular 5 days ago

The New Zealand dollar closed below US70c for the first time in 11 months last night and with more Reserve Bank rate cuts on the way there is little to stop it falling further, currency watchers say.  read more

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Recession shows its face - NZ retail sales fall

posted by warrenbuffet 5 days ago in NZD, Fundamental, Retail Sales made popular 5 days ago

Retail sales fell a seasonally and inflation-adjusted 1.5 per cent in the June quarter, providing further strong indications that New Zealand is in a recession.  read more