FreshPips.com / User / freshmint / Voted

Euro rises after US data

posted by freshmint 15 hours ago in USD, EUR

Global equities rose and the dollar steadied against the euro on Thursday amid renewed confidence in the economy after some encouraging data from the United States, the world's largest economy.

Discuss

CBA Likely To Be First Major Lender

posted by post-it 15 hours ago in AUD, Fundamental

An analyst with JP Morgan says he believes that at least one of the major Australian lenders is likely to raise its interest rates independently of any rate hike initiated by the Reserve Bank of Australia.

Discuss

Obama says aide is focused on job

posted by blitz 15 hours ago in USD

President Obama declared Thursday that his chief of staff would be an "excellent mayor" of Chicago - adding, in the same breath, that he did not expect Rahm Emanuel to decide about launching a mayoral bid until after the midterm elections in seve

Discuss

Japan GDP Revised To 0.4%Q-O-Q In June Quarter

posted by scorpio 16 hours ago in USD, Employment

Treasury prices fell Thursday, sending interest rates higher, after encouraging news on the jobs market led investors into riskier assets.

Discuss

US trade deficit narrows in July

posted by stephenie 16 hours ago in USD, Fundamental, Trade

The Commerce Department today announced the US trade deficit narrowed in July by 14% to $42.8 billion (Â£27.8 billion) from $49.90 billion the previous month.

Discuss

Japan finalizes 10.9 bln-dollar stimulus package to counter

posted by scorpio 17 hours ago in JPY, Fundamental made popular 15 hours ago

The Japanese government on Friday finalized the details of a fresh economic stimulus package worth 915 billion yen (10.91 billion U.S. dollars) as the nation struggles to cope with a surging yen and persistent deflation.

Discuss

Dollar hovers near 15-year low against yen - Sep 9

posted by stephenie 17 hours ago in USD, JPY made popular 15 hours ago

The greenback hovered above 15-year low against the Japanese yen on Thursday. The messages from Japanese officials were mixed and investors bet the Japanese government were not ready to stem the yen's rise.

Discuss

Japan announces 915-billion-yen stimulus package

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

The government announced Thursday that it was to spend 915 billion yen (10.85 billion dollars) on a new stimulus package as the country was struggling with the yen's rise and emerging threats to the global economic recovery.

Discuss

Manufacturing a renaissance at U.S. factories

posted by milkyway 18 hours ago in USD, Special made popular 15 hours ago

Not since Ronald Reagan has an American president spoken so emphatically about the importance of manufacturing. "We've got to go back to making things," President Obama says, embedding that view in his oratory. Yet manufacturing's presence in the

Discuss

Japan revises growth up, but China stays on top

posted by 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.

Discuss

Obama concedes poor economy threatens Democrats

posted by 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."

Discuss

Daily Economic roundup - September 10, 2010

posted by 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.

Discuss