FreshPips.com / User / MarcB / Voted

Australian,New Zealand Dollars Decline as Risk Appetite Wane

posted by ChocoFudgeCake 1283 days ago in AUD, NZD, Fundamental made popular 1283 days ago

The Australian and New Zealand dollars fell the most in a week on speculation a slump in regional stocks and the prospect of more interest-rate cuts prompted investors to pare holdings of the two nations' assets.

Discuss

MoneyMarket Rates Fall on Bets Rate Reductions to Accelerate

posted by Centralian 1283 days ago in USD, Inflation made popular 1282 days ago

The cost of borrowing in dollars for three months in London fell on speculation policy makers will accelerate interest rate cuts and provide more cash amid signs the deepening global recession is thwarting lending by banks.

Discuss

High-yielding currencies under pressure

posted by MonteAmor 1283 days ago in GBP, AUD, Fundamental made popular 1283 days ago

High-yielding currencies like the Australian dollar and the British pound came under pressure as investors fretted about declining stock markets and an unraveling world economy.

Discuss

Fears increase on UK retail sales

posted by hanayoridango 1283 days ago in GBP, Retail Sales made popular 1283 days ago

Many analysts have described the pre-Christmas storm around retail sales in the UK simply as a high street war, due to the increased competition and price slashing that is used to entice hard-up consumers part with their hard earned cash.

Discuss

Risk aversion weighs on Aussie dollar

posted by HarrisClan 1283 days ago in AUD, Fundamental made popular 1283 days ago

The Australian dollar closed weaker yesterday, dropping to a three-week low in a market gripped by escalating risk aversion.

Discuss

Swiss National Bank makes surprise rate cut

posted by aranel 1283 days ago in CHF made popular 1283 days ago

The Swiss National Bank on Thursday made a surprise and steep one percentage point rate cut, noting fading price pressures and a deteriorating world economy.

Discuss

Pick of the Day: USD/JPY

posted by MarcB 1285 days ago in USD, JPY, Technical made popular 1283 days ago

Technical short idea on USD/JPY

Discuss

Developed economies in recession news

posted by scorpio 1285 days ago in Fundamental, Special made popular 1285 days ago

Almost all developed countries, including the US, Japan, Germany and the UK, are officially in recession, with their economies under a phase of contraction.

Discuss

Australian, New Zealand Dollar Decline on Equities

posted by Sylvanna 1285 days ago in AUD, NZD, Fundamental made popular 1285 days ago

The Australian and New Zealand dollars fell as equities declined and the Reserve Bank of Australia said its recent interventions to buy the currency weren't ``designed to defend any particular level.''

Discuss

Australia's RBA Saw Benefit of Moving to Neutral Rate

posted by Romantiq 1285 days ago in AUD, Inflation made popular 1283 days ago

The Australian central bank's interest rate cut this month was to move ``monetary policy quickly to a neutral position,'' policy makers said, stoking speculation they'll reduce borrowing costs again in two weeks.

Discuss

Britain needs tax cuts for life, not just for Christmas

posted by princesa 1286 days ago in GBP made popular 1286 days ago

TAX cuts planned in next week’s pre-budget report must be “for life, not just for Christmas”, the Conservatives said as they warned the government is hiding future rises.

Discuss

Pound sterling recovers against dollar

posted by sassygirl 1286 days ago in USD, GBP, Inflation made popular 1286 days ago

Pound sterling recovered against the dollar on Monday as short covering after a one-week selling and lack of major decisions on global economic policy at a weekend meeting of world leaders.

Discuss