posted by
walteros
557 days ago
in Fundamental, Trade
The world's major commodity exporters, such as countries in the Middle East, should also be encouraged to use the yuan for trade settlement, he added.
posted by
AussieTrader
557 days ago
in EUR, AUD, Trade
The Australian dollar traded near the lowest in more than two weeks as European leaders failed to announce a bailout package for Ireland and China’s premier fueled concern his nation will expand measures to curb inflation.
posted by
mayatrades
557 days ago
in EUR, Fundamental, Trade
European officials scrambled today to stop Ireland's debt crisis from turning into another Greek-style meltdown and dragging down the euro currency. Talks over solutions, including possible help for Ireland's troubled banking system, went into th
posted by
Vanjo
559 days ago
in NZD, Fundamental, Trade
Former Reserve Bank Governor Don Brash says cutting the size of the Government's budget deficit could help control the rise of the dollar.
posted by
Tantan
559 days ago
in USD, Fundamental, Trade
"We've got to resolve this issue before it gets forced upon us," Greenspan said of the ballooning U.S. debt levels.
posted by
jed
559 days ago
in AUD, Metals, Trade
The domestic market was very attractive, but the margins in the export side were "much finer".
posted by
provision
562 days ago
in USD, Fundamental, Trade
When the value of the U.S. dollar falls, U.S. exports become cheaper overseas. And foreign goods imported to the United States become more expensive.
posted by
roldan
562 days ago
in USD, Fundamental, Trade
The Fed's announced purchase is an exercise in monetary protectionism. It has already produced counter measures in terms of capital controls by Brazil and perhaps others. It may lead to trade protectionist counter measures. Monetary protectionism
posted by
recessionfear
562 days ago
in USD, Fundamental, Trade
“This debt is like a cancer that will truly destroy this country from within if we don’t fix it,” Bowles warned. Current deficits require the government to borrow 37 cents out of every dollar it spends.
posted by
Leong
562 days ago
in USD, Fundamental, Trade
Voters who demanded Washington rein in the nation's spiraling debt are getting a message from President Barack Obama and leaders of his deficit commission: It'll hurt.
posted by
penpip
562 days ago
in USD, Fundamental, Trade
Increasing exports with a weak dollar could help the economy grow. That's something protectionist politicians and trade negotiators shouldn't ignore.
posted by
Dan
563 days ago
in USD, Fundamental, Trade
An export boost related to a weakened dollar may be the “main effect” of the Federal Reserve’s plan to buy $600 billion more in Treasuries under quantitative easing.