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Retail spending 'stronger than expected'

posted by sassygirl 1210 days ago in AUD made popular 1210 days ago

The Australian Retailers' Association said it was anticipating $6.3 billion would be spent.

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GBP or EURO - Who’s leading who?

posted by wiredprg 1210 days ago in Weekly made popular 1210 days ago

This week I want to point out how the GBP and EUR were for most of Friday moving in opposite directions against the USD. This a fairly rare occurrence and certainly signals that times are still quite volatile and uncertain in the currency marke...

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Economic history on Sunday

posted by stephenie 1210 days ago in USD, Special

We will all come out this recession with a better knowledge of U.S. economic history and policy. The following are a medley of interesting articles pertaining to the Great Depression, massive fiscal stimulus, and well, is there really anything el

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Gold Coast property slide slows

posted by aussiemarket 1210 days ago in AUD, Housing

GOLD Coast house prices are showing signs of reaching the bottom of their downward slide.

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US economy slip-sliding away

posted by InvestorsChoice 1210 days ago in USD, Fundamental

Battered by layoffs and debts and with worse to come, United States shoppers clutched ever tighter to their wallets in the last quarter of last year and thrust the US economy into its worst slide in 25 years.

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Fed takes major step toward stalling foreclosures

posted by odell 1215 days ago in USD, Housing made popular 1215 days ago

The Federal Reserve on Tuesday took a step toward easing mortgage foreclosures threatening millions of Americans, announcing that it would write down troubled mortgages to keep people in their homes.

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China and the U.S. Play Chicken: Currency Manipulation

posted by odell 1215 days ago in USD, Weekly made popular 1215 days ago

"China is manipulating its currency," proclaims incoming Treasury Secretary Geithner. Talking about "manipulation"...

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US retail sales forecast to fall in 2009

posted by odell 1216 days ago in USD, Fundamental, Retail Sales made popular 1216 days ago

Retailers are expected to record a 0.5 percent drop in revenue in 2009, the first annual decline in three decades and perhaps much longer, according to a National Retail Federation forecast released Tuesday.

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English sees glum outlook, more rate cuts

posted by keiragabe 1216 days ago in NZD, Fundamental, Inflation made popular 1216 days ago

New Zealand's economic outlook has deteriorated since last month, raising the spectre of a long and painful recession and more interest rate cuts by the central bank, Finance Minister Bill English said today.

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Reviving the economy and ourselves

posted by keiragabe 1216 days ago in USD, Special made popular 1216 days ago

President Obama's campaign theme of ending politics as usual and creating a new bipartisanship that will get things done for the American people is about to be tested now that he has the power - or at least some of the power - to make it happen.

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Short EUR/JPY

posted by supertrader 1216 days ago in EUR, JPY, Technical made popular 1216 days ago

Good Afternoon! Today the Euro rallied across the major currencies, bringing EUR/JPY up as high 118.00. This has created a couple of simple technical setups for a short trade. Will sellers dominate once again?

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Job-killing recession racks up more layoff victims

posted by odell 1216 days ago in USD, Employment

The recession is killing jobs at an alarming pace, with tens of thousands of new layoffs announced Monday by some of the biggest names in American business -- Pfizer, Caterpillar and Home Depot.

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