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Japan revises growth up, but China stays on top

posted by Avatar twilight 18 hours ago in JPY, Fundamental made popular 15 hours ago

Japan's economy expanded more than first thought in the April-June quarter, government data showed Friday, soothing fears that a fragile recovery could grind to a halt. read more
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Obama concedes poor economy threatens Democrats

posted by Avatar xjessicax 18 hours ago in USD made popular 15 hours ago

President Barack Obama is conceding that if the midterm election turns out to be mostly a referendum on the sluggish economy, Democrats are "not going to do well." read more
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Fewer jobless claims, higher exports boost U.S. outlook

posted by Avatar chloegurl 18 hours ago in USD, Fundamental, Employment

The number of people who filed new claims for unemployment benefits fell in the latest week, reversing a recent run-up that stoked concerns of a weakening jobs market. read more
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It's the mortgages, stupid

posted by Avatar keiragabe 18 hours ago in Special

This week's proposals by the Obama administration to deal with the persistent economic crisis will be, as with previous plans that involved trillions of taxpayer dollars, little more than salt in the wounds. read more
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Daily Economic roundup - September 10, 2010

posted by Avatar pipSyGirl 19 hours ago in Fundamental, Daily made popular 18 hours ago

After a hip eenie-meenie-miney moe number on the dollar, the bulls and bears decided to leave the currency virtually unchanged against its major counterparts yesterday. USDJPY capped the day only 8 pips lower than its open price at 83.83. read more
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Japan's Economy Expands 1.5%, More Than Previously Estimated

posted by Avatar Sissie 20 hours ago in JPY, Fundamental, Trade made popular 19 hours ago

Japan’s economy expanded more than initially estimated in the second quarter, driven by exports and an upward revision to capital spending. read more
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Dollar on the rise after better-than-expected jobless data

posted by Avatar yerto 20 hours ago in USD, Fundamental, Employment made popular 19 hours ago

The U.S. dollar recovered from an earlier dip against most major rivals Thursday following data on weekly jobless claims, benefiting from pressure on the euro after a report a German bank may issue more shares. read more
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Daily Chart Art - September 10, 2010

posted by Avatar Kenneth 20 hours ago in Technical, Daily made popular 20 hours ago

It looks like EURUSD is starting to form a pretty obvious (and sexy) range on the 1-hour. As you can see, it was unable to pierce through the 38.2% Fibonacci retracement level twice already while it found some major support at the 1.2670-1.2680 a read more
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July Narrowing Trade Gap Lifts Hope for US Economic Recovery

posted by Avatar fxgirlie 20 hours ago in USD, Fundamental, Trade made popular 19 hours ago

The United States in July posted the biggest drop in its trade deficit in 17 months, as imports plunged and exports shot higher, according to a government report that could lift hopes for the economic recovery. read more
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U.S. falls in global competitiveness rating

posted by Avatar taddy 20 hours ago in USD, Fundamental made popular 20 hours ago

The respected World Economic Forum's new report on global competitiveness shows that while the U.S. is still the most innovative nation, Switzerland, Sweden and Singapore now outrank us in overall economic competitiveness. read more
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Gold ends near 1-week low, safe-haven bids unwound

posted by Avatar Tottie 21 hours ago in USD, Fundamental, Gold made popular 20 hours ago

Gold prices fell Thursday, settling near one-week lows on the biggest daily percentage loss in six weeks, as some investors unwound safe-haven trades and automatic sell orders were set off when prices slid past $1,250.0 an ounce. read more
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Green' jobs no longer golden in stimulus

posted by Avatar abski 21 hours ago in USD, Fundamental, Employment made popular 20 hours ago

Noticeably absent from President Obama's latest economic-stimulus package are any further attempts to create jobs through "green" energy projects, reflecting a year in which the administration's original, loudly trumpeted efforts proved largely u read more