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Pound boosted as British producer prices surge

posted by Avatar MarcB 1475 days ago in GBP, Fundamental, Manufacturing

LONDON (MarketWatch) - A record surge in a gauge of wholesale inflation pressures boosted the British pound Monday, while the dollar rose against most other major counterparts on signs of "verbal intervention" by U.S. officials seeking to boost t read more
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ECB's Trichet warns again on inflation, high energy prices

posted by Avatar MarcB 1479 days ago in EUR, Fundamental, Inflation

European Central Bank chief Jean-Claude Trichet stressed again Thursday that inflation was a longer term problem for the 15-nation eurozone and said people should get used to higher energy prices. read more
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Aussie dollar slips ahead of data; bonds mixed

posted by Avatar MarcB 1485 days ago in AUD, Inflation, Retail Sales made popular 1483 days ago

SYDNEY, May 2 (Reuters) - The Australian dollar extended losses on Friday against a firm U.S. currency, hurt by falling commodities, while investors awaited domestic data that could back a view demand was easing and interest rates would remain on read more
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Fed Poised To Push Down Key Rate

posted by Avatar MarcB 1487 days ago in USD, Fundamental made popular 1487 days ago

Quarter-Point Reduction Of Federal Funds Rate Expected As Economy Continues Slump read more
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Bloomberg PMI Shows Record Fall in Eurozone Retail Sales

posted by Avatar MarcB 1488 days ago in EUR, Fundamental, Retail Sales made popular 1488 days ago

EW YORK, April 29 /PRNewswire/ -- The Bloomberg Eurozone Retail Purchasing Managers' Index ("PMI(R)"), an indicator based on a mid-month survey of economic conditions in the euro area retail sector and providing data one month ahead of government read more
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Ex-Fed Official Sharply Criticizes Decision to Rescue Bear

posted by Avatar MarcB 1488 days ago in Daily made popular 1488 days ago

Vincent Reinhart, a former senior policy adviser to Alan Greenspan and current Federal Reserve Chairman Ben S. Bernanke, said the central bank's rescue of Bear Stearns was the "worst policy decision in a generation." read more