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Euro Falls Against Dollar on Concern Economy Headed for Slum

posted by Avatar fxhottie 1361 days ago in USD, EUR, GBP made popular 1361 days ago

The euro fell to the lowest in more than seven months against the dollar after reports showed business investment, exports and retail sales declined, adding to evidence of an economic slump in the single-currency region.  read more
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As gas prices go down, so will food, right? No

posted by Avatar ooogleemooglee 1375 days ago in USD, Consumer made popular 1375 days ago

As prices for crude oil and other commodities ease, Americans have gotten a small dose of relief at the gas pump. But don't expect less pain at the grocery counter.  read more
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NZ Economy sound despite finance company collapses

posted by Avatar ooogleemooglee 1375 days ago in NZD, Fundamental, Special made popular 1375 days ago

The New Zealand financial system remains fundamentally sound and is working well despite high profile meltdowns of several finance firms, says the Reserve Bank.  read more
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Dollar Falls on U.S. Manufacturing Slump, Credit-Market Loss

posted by Avatar ooogleemooglee 1375 days ago in USD, EUR, JPY made popular 1375 days ago

The dollar fell to a one-week low against the yen on speculation a manufacturing industry contraction and credit-market losses will prompt the Federal Reserve to hold off from raising interest rates.  read more
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Meat, Dairy May Push Food Inflation to 28-Year High

posted by Avatar odell 1375 days ago in USD, Inflation, Consumer made popular 1375 days ago

Rising prices for meat, dairy products, cooking oil and fresh produce may accelerate U.S. food inflation this year at the fastest pace since 1980, the government said in a report.  read more
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Dollar climbs as oil dips

posted by Avatar odell 1375 days ago in USD, EUR, Oil made popular 1375 days ago

Investors boost dollar as crude prices fall and Germany, Europe's largest economy, shows weakness.  read more
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Stagflation? Or just stagnation?

posted by Avatar odell 1375 days ago in USD, Fundamental, Inflation made popular 1375 days ago

The inflation figures for July were ugly. But oil prices have fallen and the dollar has strengthened in August. Too bad a global slowdown is the reason.  read more
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The next credit crunch

posted by Avatar odell 1375 days ago in USD, Special made popular 1375 days ago

Our easy access to plastic is about to dry up - and with it our ability to fake living the good life.  read more
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Americans Less Gloomy on Economy Amid Discontent, Poll Finds

posted by Avatar odell 1375 days ago in USD, Consumer made popular 1375 days ago

Americans are slightly more optimistic about the economy even as large majorities disapprove of the country's overall direction and President George W. Bush's performance, the latest Bloomberg/Los Angeles Times poll shows.  read more
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Fed Can Be `Patient' on Rates as Oil Drop May Slow Inflation

posted by Avatar odell 1375 days ago in USD, Oil, Inflation made popular 1375 days ago

Federal Reserve Bank of Minneapolis President Gary Stern said an oil-price decline will probably push headline inflation lower, allowing the central bank to ``be patient'' in considering a change to the main interest rate.  read more
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Swiss Franc Sinks Against Majors After Money Supply Report

posted by Avatar supertrader 1375 days ago in CHF, Fundamental made popular 1375 days ago

The Swiss franc dropped versus its major counterparts on Wednesday in New York, including hitting a fresh multi-month low against the greenback. Investors considered a report showing Swiss money supply grew at a slower pace in July.  read more
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Canadian Dollar Erases Declines as Crude Gains on Inventorie

posted by Avatar supertrader 1375 days ago in CAD, Oil made popular 1375 days ago

Canada's dollar erased losses after a report on gasoline inventories boosted oil prices.  read more