Forex News and Rumors

Dollar Weaker on Recession Fears

The dollar fell against the euro and the yen on fears that the US recession could be deeper and could last longer than originally predicted. More

Citigroup to Receive Government Assistance

Stock futures were up early Monday morning on news that troubled Citigroup would receive a cash infusion of $20 billion as well as guarantees for hundreds of billions of billions worth of toxic debt. More

See also

Obama to Reveal Key Economic Appointments Today

President-elect Barack Obama will introduce his economic team later today in advance of rolling out his economic plan with a goal to preserve and create 2.5 million jobs over the next two years. More

German Business Confidence Plummets

A survey of 7,000 German businesses reveals that corporate confidence has fallen for six straight months falling to levels not seen since 1993. More

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