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Up, Up and Away ...

posted by Avatar odell 1391 days ago in Fundamental, Special, Inflation made popular 1391 days ago

Half the world is living with double-digit inflation, as boom gives way to bust.  read more
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Lies, Damned Lies and Inflation Statistics

posted by Avatar odell 1391 days ago in USD, Special, Inflation made popular 1391 days ago

Developing countries like China are infamous for fudging economic stats, but in reality, lying about inflation is as American as baseball.  read more
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Glass-half-full take on the US economy

posted by Avatar odell 1391 days ago in USD, Fundamental, Special made popular 1391 days ago

Just for a minute let's set aside all the bad things plaguing the financial world. Even in these gloomy times, there's some good news worth checking out.  read more
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Fed Watch: What the Pros Are Saying

posted by Avatar odell 1391 days ago in USD, Special, Inflation made popular 1391 days ago

What will Ben Bernanke & Co. do—and say—at the Fed Open Market Committee's Aug. 5 meeting? Wall Street economists speculate.  read more
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Loonie Loses Currency Wings as Canada Hurt by U.S.

posted by Avatar supertrader 1391 days ago in USD, CAD made popular 1391 days ago

Currency traders are beginning to realize that for all its riches in oil, copper and lumber, Canada's economy may not be so different than the U.S. after all.  read more
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The FX Market is Growing Worldwide

posted by Avatar MarcB 1397 days ago in USD, EUR, GBP made popular 1397 days ago

Last year, the Bank of International Settlements announced that FX market volume increased 71 percent between 2004 and 2007 and amidst all of the financial market turmoil, trading is on the rise once again.  read more
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Dollar Steady Versus Other Majors Monday Morning

posted by Avatar nancypants 1398 days ago in USD, Fundamental, Employment made popular 1398 days ago

The dollar was on pause versus other major currencies Monday morning in New York as traders looked ahead to later this week for key data on the labor market.  read more
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Pound Falls, Gilts Rise as House Prices Drop Most Since 2001

posted by Avatar pippinallnite 1398 days ago in GBP, Fundamental, Housing made popular 1398 days ago

The pound fell against the euro and the dollar and gilts rose after U.K. house values dropped in July by the most in at least seven years, increasing concern the economy is headed toward a recession.  read more
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Dollar Falls Against Euro, Yen on Widening Bank-Loss Concern

posted by Avatar pippinallnite 1398 days ago in USD, EUR, JPY made popular 1398 days ago

The dollar fell from near a three- week high against the euro and declined from its strongest in a month versus the yen on concern U.S. credit losses will widen.  read more
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German GfK Consumer Confidence Weakest Since June 2003

posted by Avatar fxhottie 1398 days ago in EUR, Fundamental, Consumer made popular 1398 days ago

The German consumer confidence for August deteriorated to its weakest level in more than five years, adversely influenced by fears of recession, continuing financial market crisis and record price increase, resulting from rocketing energy prices.  read more
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Crude Drops To Seven-Week Low

posted by Avatar JayP 1399 days ago in USD, Oil made popular 1398 days ago

Crude oil added to a seven-week low with another significant decline on Friday Light sweet crude for September delivery moved to $123.26, down $2.23 on the session. Crude touched as low as $122.50, its lowest mark since early June.  read more
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Senate Passes Housing Bill

posted by Avatar JayP 1399 days ago in USD, Fundamental, Daily made popular 1398 days ago

The Senate gave final approval to a housing bill to help struggling homeowners and support struggling mortgage giants Fannie Mae and Freddie Mac Saturday.  read more