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Obama to announce $50 billion infrastructure job plan

posted by Avatar aranel 17 hours ago in USD, Employment made popular 15 hours ago

President Barack Obama will announce on Monday a six-year plan to revamp the United States’ road, railways and runways with a $50 billion up-front investment to jump-start job creation, the White House said. read more
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Australian Market Ends In Positive Territory

posted by Avatar aranel 23 hours ago in USD, AUD, Employment made popular 22 hours ago

The Australian market ended the trading session Monday, the first day of the trading week, in positive territory lifted by optimism about global economic recovery following fewer than expected job losses in the US for August. read more
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Gold Could Double over Five Years

posted by Avatar andes 1 day 3 minutes ago in USD, Gold made popular 22 hours ago

Gold has the potential to double within the next five years, and if governments stumble with their policies, it can go even higher, said Frank Holmes, CEO of US Global Investors. read more
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DAILY FUNDAMENTAL ANALYSIS: TEST OF RANGES TODAY

posted by Avatar bforex 1 day 19 minutes ago in Fundamental made popular 22 hours ago

The week will start on a quiet note because of the Labor Day holiday in the States. Before going into the weekend mixed data surrounded investors once again and gave both bulls and bears more reasons to foster a debate. read more
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Pound Falls, Gilts Rise as Quantitative Easing Seen

posted by Avatar stephenie 1 day 1 hour 20 minutes ago in GBP, Fundamental made popular 22 hours ago

The pound dropped against the dollar and gilts rose for the first day in four amid speculation signs of a slowing economy will prompt policy makers to consider increasing asset purchases at a central bank meeting this week. read more
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Dollar struggles, hovers near 15-year low vs yen

posted by Avatar strawberry 1 day 1 hour 23 minutes ago in USD, JPY made popular 22 hours ago

The dollar dipped on Monday and looked set to test a 15-year low against the yen after sheddinggains made after U.S. jobs data, while better risk appetite keptthe euro near a three-week high versus the U.S. currency. read more
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Dollar closes higher

posted by Avatar milkyway 1 day 1 hour 25 minutes ago in AUD made popular 23 hours ago

THE Australian dollar closed higher today after a rally on the local share market augmented gains made late last week. read more
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Eurozone and the EU27 in a virtuous path of growth

posted by Avatar aranel 1 day 15 hours ago in EUR, GDP made popular 1 day 14 hours ago

Eurozone did not let down those who believed in its ability to overcome the current real economy difficulties. It managed to grow at an increase rate during the second quarter of this year. read more
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What the BoE has to weigh up next week

posted by Avatar aranel 4 days ago in GBP, Inflation made popular 4 days ago

The Bank of England is expected to hold interest rates at a record low next week -- and probably well into next year -- to keep economic recovery on track in the face of a painful fiscal squeeze and weakening global backdrop. read more
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Eurozone service sector recovery led by France and Germany

posted by Avatar andes 4 days ago in EUR, GBP made popular 4 days ago

Eurozone Service Sector: At 55.9 in August, up slightly from 55.8 in July, the Final Markit Eurozone Services Business Activity Index rose to a three-month high and was above the earlier flash estimate of 55.6. Business activity has now increased read more
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Swiss Consumer Prices Remain Flat In August

posted by Avatar eriathwen 4 days ago in CHF, Consumer made popular 4 days ago

Switzerland's consumer prices remained unchanged in August from the previous month, data from the Federal Statistical Office showed on Friday. read more
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7 Scenarios for Non-Farm Payrolls and Market Reaction

posted by Avatar forexcrunch 4 days ago in USD, Employment made popular 4 days ago

Non-Farm Payrolls for August are expected to show another big drop, but with a gain in the private sector, showing that growth still continues. Here’s a preview for this release, the “king of forex trading” with 7 possible outcomes and expected m read more