Philadelphia Fed Index for February climbed to the highest level in four months, suggesting that the regional production continued to expand at a faster pace. THE TAKEAWAY: Philadelphia Index Climbed more than Expected in February> Regional Production Continued to Grow> U.S. Dollar Slips Philadelphia Fed Pointer for February climbed to the top degree in four [...] [...]
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A worker at a fuel station checks a 500-rupee note after filing a vehicle with fuel in Kolkata February 3, 2011. Credit: Reuters/Rupak De Chowdhuri/FilesMUMBAI | Wed Sep 28, 2011 2:42pm IST MUMBAI (Reuters) – The rupee remained stronger in afternoon session on Wednesday aided by a rebound in the euro and continued corporate dollar [...] [...] Asian stock markets tumbled on Friday, with South Korea’s Kospi index plunging more than six percent, as weak economic data out of the United states fanned worries the world economy could shrink again. Escalating worries over European banks’ access to short-term funding also kept investors on the edge. Industrial metal and crude oil extended declines, [...] [...] Sexiest Landing Page In Marketing History. 21% Untargeted Conversion Rate. Never Seen Before and Totally Unheard Of 100% Accurate Artificial Intelligence Forex Trading Signals. People are making thousands of $ using our 100% accurate Forex trade signals. Find the best forex signal in the World here! Best results guaranteed Social BookmarkingCheck more:50% Commissions Selling the [...] [...] * Fed meeting, assessment of economy will be key focus * Swiss franc, yen stay in favor on economic worries * Investors on alert for more currency intervention (Recasts; add comment, updates prices) By Wanfeng Zhou NEW YORK, Aug 5 (Reuters) – The U.S. dollar could fall next week, especially against the Swiss franc and [...] [...] Social bookmarking refers to a method you can use to store, organize and manage bookmarks of web pages that interest you. These could be news articles, movie reviews, places you want to visit — any type of web page. The main advantage is that unlike traditional Internet bookmarks that are specific to one computer, you [...] [...] The US dollar index (USDX) is an important analytical tool for traders in just about any market. The USDX is actually a futures contract which means that if you have a futures trading account you could trade this instrument like corn, oil, gold or currency futures contracts. However rather than trading the USDX most retail [...] [...] WTI oil prices open Tuesday’s trading session around $96 a barrel as the US dollar holds a firm line whilst continued debt tensions surrounding Euro countries continue to affect currency markets and commodity prices.Latest WTI Oil PriceUS Light crude oil futures for August 2011 delivery was trading at $96.04 a barrel, 06.50 GMT this morning [...] [...] |
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U.S. Dollar Sell-Off Follows Bernanke’s QE3 Comments
The U.S. Dollar was party to a major sell-off yesterday following the Federal Reserve Bank Chairman’s testimony to the U.S. Congress. Bernanke made it clear that the continued sluggishness of the U.S. economy could warrant further stimulus and that the Federal Reserve is ready to provide it as and when they deem it necessary. View [...] [...]