Back on the 16th of December the Feds decided for the first time in history to slash their rates to a range of 0.0% and 0.25%; confusing markets where participants did not really understand why the feds would use a range percentage instead of taking forex news :: view details »

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The flash estimate of European consumer prices took another sharp turn downwards in December. The annual rate cooled to 1.6% from 2.1% in November, the lowest level the annual rate has been in more than two years. It's the first time the annual rate forex news :: view details »

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The non-manufacturing ISM was a touch better than expected at 40.6 compared to the 37.3 in November. The market was looking for 36.5. The components of the index were better than expected with new orders and employment staging modest gains. On balan forex news :: view details »

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The Federal Reserve released the minutes from the last monetary policy meeting over December 15th and 16th; and their observations were discouraging. Though the Federal Open Market Committee decided to lower the benchmark lending rate to encompass a forex news :: view details »

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According to Statistics Canada, the steep drop in oil prices caused record monthly declines in the industrial product and raw materials price indexes. The Industrial Product Price Index (IPPI) decreased by 2.6%, while the Raw Materials Price Index b forex news :: view details »

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The dollar advanced another 2.0% against the euro and shows gains of 5.2% since Friday and 10.2% since December 18th. The dollar also gained 1.1% against the Swissy, 0.9% versus the yen, 0.7% against sterling, and 0.5% against the Australian and New forex news :: view details »

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The dollar extended its rebound against the euro (and to a lesser extent against the yen) on hopes that the US stimulus measures will ease to pain for the US economy. Sterling also made a remarkable rebound against the euro despite ongoing negative forex news :: view details »

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Another hectic day in the making as the focus continues to be on the slaking global economy that continues to drift further south as recession captivates household spending and companies continue to suffer to just limit the losses while financials a forex news :: view details »

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The resonance of the New Year is starting to show its true colors at the start of the first full trading-week this year. The Dow finished a volatile day lower, in some ways ruining the sense of stability that pervaded in last week's market. Volatili forex news :: view details »

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The dollar rose against the euro and yen on Monday as President-elect Barack Obama is seeking a largerthan- expected 300 billion in tax cuts and US construction spending dropped less than expected. The yen fell after breaking important technical lev forex news :: view details »

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U.S. Dollar Trading (USD) found strength against the Euro and JPY but lost ground against most other currencies which rebounded with improving market sentiment and rebound in commodity demand. US Construction Spending dropped by less than expected a forex news :: view details »

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Total construction spending fell 0.6 percent in November with an upward revision to September and October. Residential construction spending fell 4.1 percent and nonresidential construction spending increased 1.0 percent. We now expect nonresidentia forex news :: view details »

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