The U.S. Currency is bolstered by Optimism about the U.S. Government Program

16 years ago

It appears that actions taken by the new administration of President Barack Obama might help to restore confidence among investors…

Fundamental Outlook at 1500 GMT (EST + 0500)

16 years ago

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2940 level…

G-7 Takes the Task of Rebuilding the World Economy

16 years ago

The G-7's finance ministers and central bankers meet tonight and tomorrow before releasing a statement and talking to reporters at…

Eurozone GDP falls more than expected in 4th Quarter. Euro falls in Currency Trading.

16 years ago

Friday, February 13th - The Eurozone Gross Domestic Product fell more than expected in the fourth quarter of 2008 according…

US Retail Sales gain more than expected in January, Jobless Claims fall. USD advances in Forex Trade.

16 years ago

U.S. Retail Sales increased by more than expected and reversed six straight months of decline in January according to a…

Fundamental Outlook at 1500 GMT (EST + 0500)

16 years ago

The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2720 level…

Falling Crude Oil Prices and Passage of Stimulus Bill May Push USD Higher

16 years ago

Yesterday's drop in Crude Oil prices lent weight to the notion that traders are expecting the consolidating USD to spike…

US trade deficit narrows in December. U.S. Dollar gains in Forex Trading.

16 years ago

The United States trade deficit narrowed to its lowest level in almost six years according to a release by the…

Economies Writhe in Agony from Geithner Speech

16 years ago

U.S. Treasury Secretary Timothy Geithner gave a less-than-inspiring speech yesterday regarding the U.S. bank bailout program. Many analysts criticized the…

EUR Tumbles on Russian Banks Restructuring European Loans

16 years ago

The EUR fell sharply in late-day trading after it was reported that Russian banks may seek to restructure over $400…