Forex News and Rumors

Posted by Scott Jan 22, 2009 Share 0

U.S. New Jobless Claims Rises to 589,000 The U.S. Labor Department said this morning that the num...

Forex News and Rumors – Afternoon Update

Posted by Scott Jan 21, 2009 Share 0

Canadian Dollar Gains on Oil Price Increase Canada's dollar - nicknamed the "Loonie" - gained 0.1...

Forex News and Rumors

Posted by Scott Jan 21, 2009 Share 1

German Economy Now Expected to Shrink in 2009 Previous predictions of a very modest 0.2 percent g...

Forex News and Rumors – Afternoon Update

Posted by Scott Jan 20, 2009 Share 1

U.S. Stock Markets Lose Ground Despite the Inauguration festivities in Washington today, U.S. sto...

Forex News and Rumors

Posted by Scott Jan 20, 2009 Share 0

U.S. Treasury to Require Lending Reports In an attempt to free lending capital, the U.S. Treasury...

Forex News and Rumors

Posted by Scott Jan 19, 2009 Share 1

Eurozone Economy Predicted to Shrink for Next Two Years The European Commission released a report...

Forex News and Rumors – Afternoon Update

Posted by Scott Jan 16, 2009 Share 1

Euro Predicted to Underperform - More Rate Cuts Likely Just one day after the European Central Ba...

Forex News and Rumors

Posted by Scott Jan 16, 2009 Share 1

Citigroup Loses $8.29B in 4th Quarter After revealing that it has lost $8.29 billion in the 4th q...

Forex News and Rumors – Afternoon Update

Posted by Scott Jan 15, 2009 Share 1

Oil Falls on Weak Demand Oil fell below $34 a barrel in New York today as weak demand continues t...

Forex News and Rumors

Posted by Scott Jan 15, 2009 Share 0

U.S. New Jobless Claims Higher Than Expected The U.S. Labor Department reported this morning that...

Forex News and Rumors – Afternoon Update

Posted by Scott Jan 14, 2009 Share 1

Obama Could Face Opposition From Fellow Democrats Over Stimulus Plans It appears that opposition ...

Forex News and Rumors

Posted by Scott Jan 14, 2009 Share 0

Deutsche Bank Issue Profit Warning Deutshe Bank - Germany's largest commercial bank - issued a wa...

Forex News and Rumors – Afternoon Update

Posted by Scott Jan 13, 2009 Share 0

U.S. Deficit on Track to Break $1 Trillion Industry experts say that the U.S. deficit could break...

Forex News and Rumors

Posted by Scott Jan 13, 2009 Share 0

U.S. Trade Deficit Falls 28.7% The U.S. trade deficit dropped by 28.7 percent for the month of No...

Forex News and Rumors – Afternoon Update

Posted by Scott Jan 12, 2009 Share 1

Morgan Stanley Bearish on Euro Morgan Stanley's chief strategist Stephen Jen was quoted as saying...

Forex News and Rumors

Posted by Scott Jan 12, 2009 Share 0

Euro Declines on Rate Cut Speculation The euro lost ground to the dollar this morning as pressure...

Forex News and Rumors – Afternoon Update

Posted by Scott Jan 9, 2009 Share 1

Oil Falls to Under $40 in New York With today's confirmation that the U.S. economy is still shedd...

Forex News and Rumors

Posted by Scott Jan 9, 2009 Share 1

U.S. Unemployment Hits 7.2 % The U.S. Labor Department announced that December's unemployment rat...

Forex News and Rumors – Afternoon Update

Posted by Scott Jan 8, 2009 Share 1

U.S. Retail Sales Weak for Traditional Holiday Period Despite massive price cuts to entice shoppe...

Forex News and Rumors

Posted by Scott Jan 8, 2009 Share 0

Bank of England Chops Half Point The Bank of England cut interest rates by another half point to ...