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NZ: House values continue to increase slowly

posted by Avatar tsukasa 1021 days ago in NZD, Housing made popular 1021 days ago

House values have risen for a third consecutive month, but the fragile state of the economy means it may be too soon to expect a boom.  read more
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US: Don't give up, employers still hiring

posted by Avatar rui 1021 days ago in USD, Employment

Keith Mullin, chief executive for Mullin & Associates/Lincolnshire International, a worldwide executive outplacement firm with an office in Parsippany,  read more
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N.Z. Dollar Drops on Rate Outlook; Aussie Advances on Housin

posted by Avatar hanazawa 1031 days ago in NZD, Inflation, Housing

The New Zealand dollar fell the most on an intraday basis in two weeks after the central bank said it may resume cutting borrowing costs to prevent a strong currency from undermining the nation’s recovery.  read more
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NZ: June home-building approvals fall 9.5%

posted by Avatar fxcashmonster 1031 days ago in NZD, Housing

New Zealand's home-building approvals fell for the first time in three months in June, signalling that lower mortgage rates are yet to kick start sustained demand for property.  read more
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NZ: Dollar recovers ground after OCR hold

posted by Avatar butterscotch 1031 days ago in NZD, Inflation

The New Zealand dollar recovered some of the ground it lost against the greenback after yesterday's interest rate decision, then traded in a narrow range.  read more
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UK house prices enjoy strongest run of gains since 2007

posted by Avatar hanazawa 1032 days ago in GBP, Fundamental, Housing

UK house prices enjoyed their strongest run of gains over the past three months since the start of 2007, lifting hopes that the market may have found a bottom.  read more
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UK: Homes 'may rise in value in 2009'

posted by Avatar wizardfx 1032 days ago in GBP, Housing

The UK's largest building society believes there is a "reasonable chance" that house prices could end the year higher than they started 2009.  read more
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Gold May Drop a Third Day on Speculation Dollar

posted by Avatar wizardfx 1032 days ago in Gold

Gold May Drop a Third Day on Speculation Dollar to Extend Climb  read more
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EURUSD, AUDUSD, EURCHF Daily Outlook

posted by Avatar kim221b 1032 days ago in USD, EUR, AUD

Support has been found on the 1.4000 handle on yesterday's extended decline and the euro currently tries to stabilize above 1.4050. Downside risk remains high on a short-term basis as long as 1.4130 may provide a selling/reversal point on extende  read more
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NZ cenbank threatens rate cut on currency fears

posted by Avatar wizardfx 1032 days ago in NZD, Fundamental

New Zealand's central bank threatened on Thursday to cut interest rates further because a strong currency was putting the fragile economic recovery at risk, sending the kiwi down sharply.  read more
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Today's Key Points

posted by Avatar kim221b 1032 days ago in Technical, Fundamental, Daily

Federal Reserve's Beige Book indicated that the pace of decline in economic activity has moderated and even begun to stabilise, and a Commerce Department report showed that the steep drop in US business investment spending appears to be bottoming  read more
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As U.S. recession bites, Ohio hopes fade for Obama

posted by Avatar zero 1032 days ago in USD, Fundamental, Employment

Hope and jobs are in short supply in Ohio eight months after President Barack Obama won the recession-battered state in the 2008 election with promises of a better future.  read more