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Dollar funding costs up on higher rate view

posted by Avatar recessionfear 1086 days ago in USD made popular 1086 days ago

The interbank cost of borrowing three-month dollar funds was fixed higher on Friday, stalling recent falls to record lows, after the United States reported a much smaller-than-expected drop in May non-farm payrolls, news that pushed interest rate  read more
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Euro vs Dollar - Daily Exchange Rate Chart 5th June 2009

posted by Avatar provision 1086 days ago in USD, EUR, Technical made popular 1086 days ago

Yesterday’s candle on the euro vs dollar daily chart has provided us with several interesting points to consider in our technical analysis for today, as we wait for the Non Farm Payroll numbers to be released later this afternoon in the US.  read more
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EUR/USD: Daily Currency Analysis

posted by Avatar vhinz316 1086 days ago in USD, EUR, Daily made popular 1086 days ago

The Euro rallied to levels above 1.42 against the dollar in early Europe on Thursday, but was unable to sustain the gains and dipped back towards the 1.4150 level ahead of the European interest rate decisions.  read more
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USD jumps as US jobs data sends hopeful signals

posted by Avatar vhinz316 1086 days ago in USD, Employment made popular 1086 days ago

The dollar leapt against the major currencies Friday, regaining some of its losses from this week as jobs data from the U.S. showed a jump in the unemployment rate but indicated a deceleration in layoffs.  read more
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US dollar mixed in Europe

posted by Avatar hinata 1086 days ago in USD, Gold, Trading Psychology made popular 1086 days ago

The U.S. dollar was mixed against other major currencies in European trading Friday morning. Gold rose.  read more
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U.S. dollar up on Taipei FOREX

posted by Avatar christine 1086 days ago in USD, Trading Psychology made popular 1086 days ago

The U.S. dollar gained against the New Taiwan dollar on the Taipei Foreign Exchange Friday, increasing NT$0.010 to close at NT$32.607.  read more
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Oil prices rebound above $67

posted by Avatar jonell 1086 days ago in USD, Oil made popular 1086 days ago

Oil prices recovered yesterday after plunging a day earlier on a surprise jump in US crude reserves. New York’s main futures contract, light sweet crude for delivery in July, rose $1.16 to $67.28 a barrel.  read more
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Rising CAD could offset economic improvements

posted by Avatar chezka 1086 days ago in CAD made popular 1086 days ago

The Bank of Canada warned Thursday the continued rapid rise of the Canadian dollar could "fully offset" recent positive developments in the economy.  read more
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British exports to Qatar rise by 10 percent

posted by Avatar shadowf 1086 days ago in GBP, GDP made popular 1086 days ago

British exports to Qatar have risen by more than 10 percent since last year, an official at British Embassy said here yesterday.  read more
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This budget does not compute

posted by Avatar forexclaim 1094 days ago in NZD, Special, Trade made popular 1094 days ago

The easiest way to avoid a tough decision is to delay it and hope something changes in the meantime so the decision never has to be made. This is what John Key and Bill English did in “Budget 2009: The road to recovery.”  read more
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Kiwi$ bounces after Standard & Poor’s reaffirms NZ credit

posted by Avatar eddie 1094 days ago in NZD

The major mission in yesterday’s Budget was to convince the rating agencies that NZ deserves to maintain its current world standing. It managed to do this by containing expenditure and forecasting NZ’s net debt position to stay around 40% of GDP  read more
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A Matter of Financial Security

posted by Avatar crunchy 1094 days ago in USD, Fundamental, Special

The government has released Treasury documents surrounding Oct. 13, 2008 — the day the U.S. government launched TARP. After a long battle between Judicial Watch and the Obama administration, the government has finally coughed up some details of t  read more