Forex News and Rumors

US Trade Deficit Increases to $27.6 Billion

The Commerce Department announced this morning that the US trade deficit rose in March to $27.6 billion and is the first increase since July 2008. More

China’s Exports Fall 22.6%

The global economic crisis continues to batter China’s exports which are down 22.6 percent from this time last year and marks the sixth consecutive month of declines. More

Crude Prices Jump on Optimism Worst is Over

Crude oil prices rose more than a dollar in London this morning to $59.52 a barrel on growing optimism that the US economy is slowly turning around. More

US Budget Shortfall Nearly $2 Trillion

The US Annual budget has been revised from $1.75 trillion to $1.84 trillion for the fiscal year ending September 30. More

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