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U.S. Employment Shows Another Significant Decrease In Dec
Labor market conditions continued to show a significant deterioration in the month of December, with employment falling for the twelfth consecutive month. The unemployment rate for the month also jumped to a sixteen-year high.
9 votes
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Dollar drops ahead of US job figures
The dollar fell against the euro and yen on Friday as the market readied for key US jobs data, traders said.
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Dollar moves narrowly in lower 91 yen ahead of U.S. NFP
(Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, Jan. 9_(Kyodo) _ The U.S. dollar moved narrowly in the lower 91 yen territory Friday in Tokyo as market players retreated to the sidelines ahead of closely-monitored U.S. employment data
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Canada’s jobless rate jumps to 6.6 per cent
The deepening recession took another bite out of Canada’s labour market in December as the country shed 34,400 jobs — 70,700 full-time losses party offset by part-time gains — and the unemployment rate jumped three-tenths of a point to 6.6 per ce
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Spanish Industrial Production Surprises to the Downside
Spanish industrial production fell 15.1% in the 12 months to November in weighted daily average terms, down from both the 11.4% decline forecast and the previous month's 12.9% annualized contraction, the National Statistics institute reported on
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Consumer borrowing falls by $7.94B in November
Consumers cut back on their borrowing by a record amount in dollar terms in November, another sign of trouble for the rapidly weakening economy.
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Currencies Trading All Over the Map
Currencies including the dollar and the euro have entered a period of extreme volatility that is hindering global commerce and adding further uncertainty to a world economy facing its worst downturn in decade.
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Pick of the Day: USD/JPY
Greetings and Happy New Year! I'm back and it looks like currencies are back to their volatile ways. For my first trade of the year, I'm going short USD/JPY. Let's take a look at the fundamental and technical reasons why I think this pair may con
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Fed: Economic woes will last despite radical moves
Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful rut for
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MOT #76 - Which Comes First - Wealth or Wisdom?
Comment on this episode and more here:http://www.tradingpostfinancial.com/mot-------From the beginning of time the most successful individuals have had a common thread of applying wisdom to every action they attempt.T...
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EU faces deepening energy crunch over Russian gas
Europe faced a deepening energy crunch and more sub-zero temperatures on Wednesday, with Moscow and Kiev showing little sign of a swift resolution of a pricing dispute that has slashed Russian gas supplies to the West.
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Don't get used to cheap oil, analysts say
All that money you're saving these days at the gas pump? You might want to put it in the bank.


