Obama’s 2013 State of the Union Address: Summary and Reaction
Key takeaways: On Deficit Reduction: – “Harsh, arbitrary cuts” jeopardize military...
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FED’s Plosser: Fed will cut down MBS and Treasuries purchases before fulling halting QE. 7% unemployment rate by Dec
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Obama’s Address: The biggest driver of long term debt is the rising cost of healthcare
Content is for general information purposes only. It is not investment advice or a solution to buy o...
AUD/USD – Westpec Consumer Sentiment echoes NAB
Australian Westpec Consumer Confidence index jumped 7.7% to 108.3, vs a previous reading of 100.6. T...
FED’s Plosser: Economic Linked Policy “not flexible enough”
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FED’s Lacker: Interest Rate Cut in 2007 may have worsened crisis
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Economists expects Japanese GDP to grow in Q4 2012
Japan’s economy probably emerged from its third recession in five years last quarter as cold weath...
Canadian Dollar Moves Back Towards 1
Canada’s dollar rose from the weakest this month versus its U.S. counterpart as the discount the n...
Yen Gains as G-7 Officials Offer Mixed Signals
The yen gained versus the dollar and euro after unnamed Group of Seven officials gave conflicting si...
GBP/USD Falls to 6-Month Low Below 1.56 Before BOE Data
The pound fell for a second day versus the euro on speculation the Bank of England will cut its grow...
EURUSD sits around 1.3450, AUDUSD rallies back to 1.03, GBPUSD moves back 1.5650, USDJPY moves to 93.60, gold at 1652
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ECB Draghi Dismisses Currency War Statements
“I think the term currency wars is way, way over done. We are not witnessing anything like tha...
Ireland is upgraded to stable by S&P
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UK Inflation 2.7% in January
The rate of UK consumer price inflation remained unchanged at 2.7% for the fourth consecutive month ...
International Banks Warn About Currency War Scenario
The G20 group of richest nations must act to avoid a currency war and halt a damaging drift toward f...
G-7 Said to Be Concerned About Excess Yen Moves
The Group of Seven is concerned about excessive moves in the Japanese yen, an official from a G-7 na...
US Treasury Posts First January Budget Surplus in 5-years
The U.S. government posted a January budget surplus for the first time in five years, reflecting hig...
GBP/USD – Pound Under Pressure Despite Solid UK Inflation Data
The British pound is under pressure, as it fights to stay above the 1.56 line. The pound has already...
USD/CAD – Loonie Edges Higher, Eyes Parity
USD/CAD continues to trade close to the parity level. The Canadian dollar has improved slightly, and...
AUD/USD – Steady after Solid Australian Business Confidence Data
AUD/USD is steady in Tuesday trading, following Monday’s quiet activity. The pair continues ...