FreshPips.com / User / jirachi / Voted

Canada is first G7 state to hike rates

posted by Binsonu 725 days ago in CAD, Inflation made popular 725 days ago

THE Bank of Canada has become the first G7 central bank to hike interest rates at its monthly meeting.

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Euro Seen Vulnerable Near 4-Year Low vs Dollar

posted by megumi 725 days ago in EUR made popular 725 days ago

The euro was steady against the U.S. dollar above a four-year low on Wednesday but looked increasingly vulnerable to another sell-off amid mounting concern that the euro zone's debt crisis is spreading to its banking system.

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USD Pares Gains on Construction Spending Surge

posted by mountaindewd 725 days ago in USD, EUR, Fundamental made popular 725 days ago

USD traded at a 15 month high Tuesday supported by European debt worries and bank concern and in reaction to weak PMI data from China.

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Australian Q1 GDP +0.5% MoM, 2.7% YoY

posted by sora 725 days ago in USD, AUD, GDP made popular 725 days ago

This is pretty much on expectations. The AUD/USD is still trading around .8350 but the market has a ’short feel’ to it and we may be in for some further squeezing.

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US gasoline price falls to three-month low

posted by fahrell 725 days ago in USD made popular 725 days ago

The average price US drivers paid to fill up at the gasoline pump fell to the lowest level in three months, the Energy Department said on Tuesday.

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Bank of Canada raises interest rate

posted by mateo 725 days ago in CAD, Inflation made popular 725 days ago

For the first time in nearly three years, Canada's central bank has begun cranking up its key lending rate from historic lows, even as the country's stronger-than-expected economic rebound is being overshadowed by an "uneven" global recovery and

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Daily Chart Art - June 2, 2010

posted by gosspipgirl 725 days ago in Technical made popular 725 days ago

Good day forex traders! Get ready to start your pipping adventure with a dose of my daily chart art. On today's set, I've got the GBPUSD, AUDUSD, and EURUSD pairs. Check 'em out!

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Australia, NZ dlrs soft as risk avoided on euro woes

posted by Arnaud 725 days ago in AUD, NZD made popular 725 days ago

The Australian and New Zealand dollars stayed under pressure on Wednesday as persistent nervousness about the impact of euro zone's debt problems weighed on risky investment such as stocks and high yield currencies.

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Gold at new high on Re’s free fall

posted by durkie 725 days ago in Gold made popular 725 days ago

Gold priced in rupee hit a new high, driven by a fall in the local currency, which suffered its worst single-day fall in 18 months as foreign investors pulled out of Indian equities amid fears of a worsening crisis in Europe.

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Corn prices sag as US crop weather remains ideal

posted by Centralian 725 days ago in USD, Agriculture made popular 725 days ago

U.S. corn prices on the Chicago Board of Trade fell 1.4 percent on Tuesday, falling within a dime of their 2010 low due to rosy crop conditions coupled with weak outside markets, including crude oil, traders said.

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GDP shoots up, but so could interest rates

posted by jirachi 726 days ago in GDP, Inflation

A sharp rebound in industry and services combined with a better-than-expected farm output helped the Indian economy grow by 7.4 per cent in 2009-10. The expected results: more jobs, more wealth.

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Defending the Euro Is More Than an Economic Issue

posted by megumi 726 days ago in EUR made popular 726 days ago

Bill Clinton won the presidential election in 1992 with the motto “It’s the economy, stupid.” But when it comes to the future of the euro, “It’s the politics, stupid” is the more appropriate slogan. Since its inception, the euro has always been a

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