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Greenspan Warns Of "Significant Rise" In Unemployment

posted by fxmasta 1206 days ago in USD, Fundamental, Employment made popular 1206 days ago

Former Federal Reserve Chairman Alan Greenspan addressed what he termed a "once-in-a century credit tsunami" Thursday before the House Committee on Oversight and Government Reform.

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Dollar Soars To 2-Year Peak Versus Euro As Recession Talk He

posted by fxmasta 1207 days ago in USD, EUR, Fundamental made popular 1207 days ago

The dollar skyrocketed versus most other majors overnight before leveling off Wednesday morning, but continued to move lower versus the broadly stronger yen. Traders are selling off higher-yielding currencies on favor of the dollar and yen amid g

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Swedish Govt. Announces Financial Stability Plan

posted by fxmasta 1209 days ago in EUR, Fundamental made popular 1209 days ago

Monday, the Swedish Government announced a proposal for a stabilization plan for the financial system. The plan comprises steps to secure financial stability and to deal with the negative effects of the global financial crisis.

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Housing Starts Fall Much More Than Expected In September

posted by fxmasta 1212 days ago in USD, Fundamental, Housing made popular 1209 days ago

Housing starts fell by much more than economists had been expecting in the month of September, according to a report released by the Department of Commerce on Friday, with starts falling to their lowest level since 1991.

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Industrial Production Falls By Much More Than Expected In Se

posted by fxmasta 1213 days ago in USD, Fundamental, Manufacturing

Industrial production fell by much more than expected in the month of September, according to a report released by the Federal Reserve on Thursday, with the report also showing a bigger than expected drop in capacity utilization.

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Producer Prices Fell In September Amid Continued Drop In Ene

posted by fxmasta 1214 days ago in USD, Fundamental, Inflation

Wednesday morning, the Department of Labor released its report on wholesale price inflation in the month of September, showing that total prices decreased in line with economist estimates. At the same time, core prices increased by more than expe

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German Investor Confidence Sinks In October On Financial Mar

posted by fxmasta 1215 days ago in EUR, Fundamental

Deepening tensions in the financial markets worsened the German economic sentiment and the current situation indexes in October, a closely watched survey revealed Tuesday.

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Dollar Eases Versus Euro and Sterling Amid Global Efforts To

posted by fxmasta 1216 days ago in USD, EUR, Technical made popular 1216 days ago

The dollar leveled off versus other major currencies Monday morning in New York, giving back some of last week's substantial gains after leading central banks across the globe announced additional measures to provide broad access to liquidity and

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Dollar Rises Further Versus Sterling Amid Efforts To Thaw Fr

posted by fxmasta 1220 days ago in USD, Technical, Fundamental

The greenback continued its levitation act versus the sterling and loonie while holding steady against other majors on Thursday. Traders once again were swept up in a wave of key global developments as central bankers and other policy makers arou

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Euro Gains Versus Dollar And Sterling

posted by fxmasta 1221 days ago in EUR, Technical, Daily made popular 1221 days ago

The euro gained on the dollar and sterling as traders mulled over the coordinated interest rate cut among several major banks around the world. The European currency touched a fresh multi-year low against the yen as Japan did not reduce its rates

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Euro Moves Away From Long-Term Lows Versus Dollar, Yen

posted by fxmasta 1222 days ago in EUR, Technical, Daily made popular 1222 days ago

The euro edged modestly higher against other major currencies on Tuesday in New York. The European currency climbed away from a seven-year low against the yen and a yearly low versus the dollar. The euro also gained on the British pound

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Income Increases By More Than Expected, Spending Unchanged

posted by fxmasta 1230 days ago in USD, Fundamental made popular 1230 days ago

Monday morning, the Department of Commerce released its report on personal income and spending in the month of August, showing that income increased by much more than expected while spending unexpectedly came in unchanged.

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