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Weaker dollar strengthens trade

posted by chezka 898 days ago in USD made popular 897 days ago

A weaker dollar is lifting demand for U.S. goods, which become less expensive for foreign buyers when the greenback falls.

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Aussie dlr jumps on stunning jobs rise

posted by chezka 899 days ago in AUD, Inflation, Employment made popular 899 days ago

The Australian dollar jumped after the jobs data spurred investors to sharply raise bets the Reserve Bank of Australia (RBA) will lift interest rates at its next policy meeting.

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Double top now in place in EUR/USD; 1.4515 the target

posted by chezka 901 days ago in USD, EUR

On Friday we briefly probed the 1.4825 area, the trigger to a double top at 1.5150/60. The late session rebound Friday flashed a caution signal but this morning’s convincing break has the techs eying a completion of that pattern with a drop to th

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Bank of England to leave rates on hold

posted by chezka 903 days ago in GBP made popular 903 days ago

THE Bank of England's Monetary Policy Committee seems highly unlikely to deliver an early Christmas present for the economy this week, according to a leading economist.

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GBP, Euro, Yen fall; US Dollar, Yuan flat

posted by chezka 904 days ago in EUR, JPY made popular 903 days ago

Following are the indicative currency notes and travellers' cheques buying and selling rates per unit as given by Thomas Cook India here today.

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EUR/USD opens little firmer

posted by chezka 906 days ago in USD, EUR made popular 906 days ago

EUR/USD is trading a little firmer this morning, up at 1.5080 from a North Americna close Wednesday down around 1.5040. The pairing has been underpinned by a fairly-decent bout of EUR/JPY buying. The cross is up at 132.40 from around 131.50.

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Jobless rate will be 13.75% next year

posted by chezka 906 days ago in EUR, Employment made popular 906 days ago

UNEMPLOYMENT IS expected to run at 13.75 per cent next year, according to Minister for Enterprise Mary Coughlan, who said “significant employment growth” is not expected. The current standardised unemployment rate is 12.5 per cent, according to t

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EUR/USD opens steady after quiet overnight session

posted by chezka 907 days ago in USD, EUR made popular 907 days ago

EUR/USD sits at 1.5090 having done little overnight, the range confined to narrow 1.5074/1.5103 parameters.

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Manufacturing output driven higher by stronger new orders

posted by chezka 907 days ago in EUR, Manufacturing made popular 907 days ago

PRODUCTION AT Irish manufacturing firms rose in November, bringing an end to a 20-month contraction and adding weight to predictions that the economy is stabilising.

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Swiss economy pulls out of recession in Q3

posted by chezka 908 days ago in CHF, GDP made popular 908 days ago

The Swiss economy pulled out of
recession in the third quarter, growing by 0.3 percent compared
to the previous three months, slightly better than expected,
data showed on Tuesday.

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Japan PM orders action on rising yen

posted by chezka 909 days ago in JPY made popular 909 days ago

Japan's prime minister on Sunday ordered his cabinet to work out measures aimed at coping with a 14-year high in the value of the yen and the decline in domestic share prices, press reports said.

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Swedish economy drops an annual 5 percent in Q3

posted by chezka 911 days ago in CHF, Yearly made popular 910 days ago

Sweden's economic activity slumped by an annual 5 percent in the third quarter, mainly due to a larger-than-expected drop in business inventories, figures from the national statistics bureau showed yesterday.

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