Feedback Form

Avatar trade2win

5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

High Oil Prices Dampen Dollar Sentiment - and BBQ Parties

posted by Avatar trade2win 1463 days ago in USD, Fundamental, Daily made popular 1461 days ago

The US dollar just had its third weekly decline against the Euro, as rising oil prices and weak home sales threaten to prolong and deepen the US economic downturn. The dollar fell to the lowest level against the Swiss franc in a month, and its we read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Dollar eyes sharpest weekly decline in 2 months

posted by Avatar trade2win 1463 days ago in USD, Fundamental, Daily made popular 1462 days ago

The dollar fell on Friday and was on track for its steepest weekly decline against a basket of major currencies in two months, as investors worried surging oil prices could deepen an economic downturn and fan inflation pressures. read more
8 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

UK Economy Records Slowest Growth In Three Years

posted by Avatar trade2win 1464 days ago in GBP, Fundamental, Daily made popular 1464 days ago

The UK economy recorded its weakest pace of growth in three years in the first quarter of 2008 driven by a decline in activity in the business service sector and investment as against robust growth in household consumption. read more
6 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

The Economy is Spelled with a W

posted by Avatar trade2win 1465 days ago in USD, Fundamental, Daily made popular 1464 days ago

The economic debate seems to have settled into which letter best fits the future trend of the US economy: V, U, L, or W? read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Dollar Rallies Versus Yen As Jobless Claims Fall

posted by Avatar trade2win 1465 days ago in USD, Fundamental, Daily made popular 1465 days ago

The dollar rallied versus the yen and was stable against a basket of other major currencies Thursday morning in New York after the release of data showing that jobless claims decreased by more than expected compared to an upwardly revised reading read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

BOE Minutes Confirm Inflation, Slowing Growth

posted by Avatar trade2win 1466 days ago in EUR, GBP, Daily made popular 1465 days ago

The BOE majority argued that an immediate cut would suggest that the MPC’s focus is on growth, adding that some slowing in output growth is likely necessary in order to reach the CPI target. Furthermore the BOE said that reaching the 2.0% CPI tar read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Dollar falls broadly as Fed lowers growth forecast

posted by Avatar trade2win 1466 days ago in USD, Fundamental, Daily made popular 1465 days ago

The dollar fell to a one-month low versus the euro on Wednesday after the Federal Reserve cut its 2008 growth forecast and warned of higher unemployment, reducing prospects of an interest rate hike later this year. read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Europe Round Up - Germany's Business Climate Unexpectedly Im

posted by Avatar trade2win 1466 days ago in EUR, Fundamental, Daily made popular 1465 days ago

Wednesday, an unexpected improvement in the German business confidence took center stage in Europe read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Dollar slides as interest rate oultook lifts euro

posted by Avatar trade2win 1467 days ago in USD, Fundamental, Daily made popular 1466 days ago

The dollar fell on Tuesday as talk of higher euro zone interest rates prompted investors to increase exposure to the euro, though losses were capped by inflation data that muddied the U.S. interest rate outlook. read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Oil Moves Past $129, Defying Technicals

posted by Avatar trade2win 1467 days ago in Fundamental, Daily, Oil made popular 1467 days ago

Crude futures are surging higher in early Tuesday trading at the New York Mercantile Exchange, fueled by a sharp fall in the value of the U.S. dollar. read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Small Banks Next in Line for Credit Crunch

posted by Avatar trade2win 1473 days ago in Fundamental, Housing made popular 1466 days ago

Bank of America Corp. (BAC) said Tuesday that it now expects losses on home equity loans to reach above last month’s Q1 estimates… suggesting that the credit crunch that hit financial institutions with epidemic force during H2’07 is now moving to read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

New Zealand Q1 Retail Sales Plummet

posted by Avatar trade2win 1473 days ago in NZD, Fundamental, Daily made popular 1463 days ago

New Zealand shoppers have shown a reluctance to spend since the start of the New Year. read more