FreshPips.com / User / pippinallnite / Submitted

Dollar Erases Drop Versus Yen on Gain in Consumer Confidence

posted by pippinallnite 1096 days ago in USD, JPY, Consumer made popular 1096 days ago

The dollar erased its drop against the yen after a report showed consumer confidence rose this month to the highest level since September.

Discuss

Gold Heads for Biggest Weekly Drop in Over 28 Years on Dolla

posted by pippinallnite 1310 days ago in USD, Daily, Gold made popular 1307 days ago

Gold headed for its steepest weekly decline in more than a quarter-century in London as the rising dollar and plunging equities curbed investor demand for the precious metal.

Discuss

Fed Move Signals Possible 50 Point Cut

posted by pippinallnite 1311 days ago in USD, Sentiment, Daily made popular 1307 days ago

The U.S. Federal Reserve’s decision on Wednesday to alter the formula it uses to determine the interest rate paid to depositary institutions on excess balances may signal another 50 basis point rate cut next week, according to Scotia Capital.

Discuss

Oil Falls Below $67 as OPEC Mulls Supply Cut

posted by pippinallnite 1311 days ago in USD, Daily, Oil made popular 1307 days ago

Oil fell below $67 a barrel on Thursday ahead of an emergency OPEC meeting expected to consider supply cuts after a 45 percent drop in prices from record highs hit in July.

Discuss

BoJ Holds Key Interest Rate

posted by pippinallnite 1327 days ago in JPY, Fundamental, Inflation made popular 1327 days ago

Tuesday, the Bank of Japan maintained its key interest rate in October, while the Bank Indonesia hiked the policy rate for the sixth straight month. Official data showed inflation slowed in the Philippines.

Discuss

Yen Falls From Near 3-Year High as Fed to Buy Commercial Pap

posted by pippinallnite 1327 days ago in USD, EUR, JPY made popular 1327 days ago

The yen dropped from near a three- year high against the euro and slid against the dollar as the Federal Reserve's announcement that it will buy commercial paper encouraged investors to resume buying higher-yielding assets.

Discuss

Euro Drops To Long-Term Lows Versus Yen And Dollar

posted by pippinallnite 1328 days ago in USD, EUR, JPY made popular 1328 days ago

The euro saw sharp weakness against the other major currencies again on Monday as the credit crisis continued to make its way through Europe. The currency saw its biggest single-day drop ever versus the yen and added to a yearly low against the U

Discuss

Yen Unbeatable as Credit Seizure Kills Carry Trades

posted by pippinallnite 1329 days ago in JPY, Fundamental, Daily made popular 1328 days ago

The same credit market collapse that drove Lehman Brothers Holdings Inc. into bankruptcy and sent bank borrowing costs in Europe to record highs is making the yen unbeatable.

Discuss

Euro Drops Versus Dollar After Trichet Says Growth Is Weaken

posted by pippinallnite 1332 days ago in EUR, Fundamental, GDP made popular 1332 days ago

The euro fell to a 13-month low against the dollar after European Central Bank President Jean-Claude Trichet said economic activity in the region is ``weakening.''

Discuss

Dollar Hits Yearly High Versus Euro As ECB holds steady

posted by pippinallnite 1332 days ago in USD, EUR, Fundamental made popular 1332 days ago

The dollar continued its assault on the euro Thursday morning in New York as traders looked ahead to jobless claims data, a prelude to Friday's pivotal government employment report.

Discuss

Buy Euro as Dollar May Decline Toward $1.53, Citigroup Says

posted by pippinallnite 1340 days ago in USD, EUR, Fundamental made popular 1339 days ago

Investors should buy the euro against the dollar as weakness in the world's largest economy and a slow adjustment of its housing sector will push the greenback lower, according to Citigroup Global Markets Inc.

Discuss

Japan's Manufacturing Firms Continue To Be Pessimistic

posted by pippinallnite 1340 days ago in JPY, Fundamental, Manufacturing made popular 1340 days ago

Results of the latest business outlook survey conducted by the Japanese Ministry of Finance showed that confidence among manufacturers continued to record a negative reading as the global financial crisis and rising raw-material prices dog the se

Discuss