FreshPips.com / User / morgan / Voted

Weekly Economic and Financial Commentary

posted by jerome 729 days ago in USD, Fundamental, Weekly made popular 729 days ago

The U.S. economic recovery continues to show its Dr. Jekyll and Mr. Hyde sides. Perhaps that is a factor behind the schizophrenic stock market behavior of late. An “unbalanced” or “two-speed” recovery remains the current state of affairs.

Discuss

UK faces inflation setback

posted by jasumine 729 days ago in GBP, Inflation made popular 729 days ago

The rise in British inflation has been worrying and the independent Bank of England (BoE) will need to set interest rates to control it, Prime Minister David Cameron said yesterday.

Discuss

Euro edges higher against dollar

posted by Binsonu 729 days ago in USD, EUR made popular 729 days ago

The euro edged higher against the dollar on Friday. The euro fell some 12 cents against the dollar in the month to hit a 4-year low of $1.2143. It was on track for a hefty 6.9 percent monthly decline, which would be the biggest drop since January

Discuss

Weak euro raises currency bar for U.S. exporters

posted by megumi 729 days ago in USD, EUR, Manufacturing made popular 729 days ago

A slumping euro, while great news for tourists on their way to Europe, is creating headaches for U.S. manufacturers whose overseas sales take a dip every time the currency drops a notch.

Discuss

Long U.S. dollar bets increase in latest week

posted by sora 729 days ago in USD, Weekly made popular 729 days ago

Currency speculators extended bets in favor of the dollar, data from the Commodity Futures Trading Commission showed on Friday, and pared back bets
against the euro on a contract basis.

Discuss

Oil dips as euro-zone concerns resurface

posted by fahrell 729 days ago in EUR, Oil made popular 729 days ago

Oil prices fell on Friday after an upwards drive was reversed by renewed concerns about the health of Europe’s economy.

Discuss

USD depreciates versus rupee

posted by camac 729 days ago in USD made popular 729 days ago

The dollar lost strength versus the rupee in the interbank market, dealers said on Friday. The American currency recorded losses as it commenced the day’s trading at Rs 85.18 for buying, lost 10 paisas and closed at Rs 85.08 for buying and Rs 85.

Discuss

Gold firms as euro sinks

posted by camac 729 days ago in EUR, Gold made popular 729 days ago

Gold edged up late on Friday, after Fitch Rating cut Spain's debt ratings, renewing fears of spreading euro zone credit problems and pressuring the euro and US stock prices, which pushed some gold investors to cover short positions before the lon

Discuss

Euro up to $1.2288 as dollar takes breather

posted by morgan 730 days ago in EUR made popular 730 days ago

The euro has edged back up toward the $1.23 mark as the dollar takes a break from gains it made on the back of promising U.S. economic data.

Discuss

Daily Economic Roundup - May 28, 2010

posted by monstapips 730 days ago in USD, Fundamental, Daily made popular 730 days ago

The dollar took a hit in yesterday's trading as risk appetite came back with a vengeance. With it being a Friday, could we see more of the same?

Discuss

Markets Rally

posted by Itz 730 days ago in AUD, Technical, Oil

The S&P500 bounced off of 1040/1050 continued with a close over 1088, indicating conviction in this rally.

Discuss

Japan Core CPI Down 1.5% On Year In April

posted by Binsonu 730 days ago in JPY, Consumer made popular 730 days ago

Core consumer prices in Japan were down 1.5 percent in April, the Ministry of Internal Affairs and Communications said in a preliminary report on Friday, falling for the 14th consecutive month.

Discuss