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Dollar Falls on Speculation Jobs Report Will Spur Fed Rate C

posted by strawberry 1296 days ago in USD, JPY, Fundamental made popular 1296 days ago

The dollar fell for a third day against the yen on speculation a government report will show the U.S. economy lost the most jobs since 2003, bolstering the case for the Federal Reserve to lower interest rates.

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Canada wants home remedies to financial crisis, not overhaul

posted by strawberry 1298 days ago in CAD, Fundamental made popular 1296 days ago

Canada will press G20 nations to tweak their own financial rules and coordinate to prevent a repeat financial crisis, in lieu of proposed new international controls, an senior finance official said Wednesday.

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Euro Falls on Speculation ECB Will Cut Rates

posted by strawberry 1298 days ago in USD, EUR, Fundamental made popular 1296 days ago

The euro fell for a fifth time in six days against the dollar on speculation the European Central Bank is in the midst of the most aggressive round of interest-rate cuts in its 10-year history.

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Europe Retail Sales Decline as Turmoil Hurts Economy

posted by strawberry 1298 days ago in EUR, Fundamental, Retail Sales made popular 1298 days ago

European retail sales declined in September as the mounting global financial turmoil took a toll on the wider economy, eroding consumer confidence.

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Gas prices continue dropping across Canada

posted by strawberry 1299 days ago in CAD, Oil made popular 1298 days ago

Gasoline prices have taken another tumble, falling well below $1 a litre on average across the country as fear of a shaky economy chips away at demand.

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Oil Rises More Than $7 as Dollar Drops

posted by strawberry 1299 days ago in USD, Fundamental, Oil made popular 1299 days ago

Crude oil rose more than $7 a barrel as the dollar dropped against the euro, increasing the appeal of commodities, and as global stock indexes advanced.

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Canada's Dollar Gains to the Highest in 3 Weeks on Commoditi

posted by strawberry 1299 days ago in CAD, Fundamental made popular 1299 days ago

Canada's currency rose to the highest in three weeks as commodities including oil gained and global stocks advanced, signaling an increase in risk appetite.

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Euro Zone Recession "Lurks Just Around the Corner,"

posted by strawberry 1299 days ago in EUR, Fundamental, GDP made popular 1299 days ago

Luxembourg Prime Minister and Eurogroup Chairman Jean-Claude Juncker said that a recession in the euro zone "lurked just around the corner" and stressed that one can not just adopt a sit and wait approach.

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Conference Board Sees Gloomy Year Ahead for Canadian Economy

posted by strawberry 1300 days ago in CAD, Fundamental made popular 1299 days ago

The Conference Board of Canada Monday issued a generally gloomy forecast for the Canadian economy in 2009, with a slowing housing market, rising unemployment rate and scarce GDP growth.

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From financial crisis to recovery:

posted by strawberry 1300 days ago in EUR, Fundamental made popular 1300 days ago

The shocks hitting the European economy are expected both to reduce the potential growth rate in the medium term and cut actual growth significantly in 2009 and 2010. As investment shies away from risk, productivity will be put under downward pre

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Commodities Dropping to 52-Year Low

posted by strawberry 1301 days ago in USD, Fundamental, Daily made popular 1301 days ago

Commodity prices are bracing for their worst month in 52 years as global demand continues to slide.

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A call for a European Financial Stability Fund

posted by strawberry 1302 days ago in EUR, Fundamental, Special made popular 1302 days ago

The euro is plunging and EU banks are coming under renewed pressure. There is a strong demand for ‘European’ bonds as well as a need for massive government capital infusions to prevent the crisis from getting worse in the banking sector and the E

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