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EUR/USD: Trading The U.S. Consumer Confidence Survey
Consumer confidence in the world’s largest economy unexpectedly bounced back from an eight-month low, with the Conference Board’s survey coming in at 59.5 in July, and the data reinforces an improved outlook for private consumption, which remains one of the leading drivers of growth. As confidence wanes, the Fed may open the door to expand monetary policy further, and the central bank may step up its efforts to stimulate the ailing economy in an effort to stem the risks for a double-dip recession. However, the stickiness in price growth is likely to become a growing concern as the FOMC maintains its dual mandate to ensure price stability while fostering growth, and the central bank may soften its dovish tone for monetary policy as the risk for inflation emerge. Market participants showed a mixed reaction to the data, with the EUR/USD holding steady immediately following the release, but the development certainly spurred a rise in risk appetiteforeign currency exchange trading - News
Dollar Is Near Two-Month High on Fed's Outlook, Recovery Signs
SGGPDollar Is Attached Two-Month High on Fed's Outlook, Recovery Signs“The market is irascible to rising expectations for an earlier exit by the Fed,” said Toshiya Yamauchi, supervisor of foreign-exchange margin trading at Ueda Dollar slides for third dayDollar down vs euro in thin post-Christmas tradesDollar's New dawn Looks Poised to Continueall 314 news articles »
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US Dollar Takes Temperature of Troubled World: Paul Kennedy In sum, we endure in a world of fiscal trading doubt. As a comfort, financial columnists will patiently interpret why these reversals in currency values occur. and more » |
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Pilgrim's Pride Completes Reorganization; New Stock to Trade on New York Stock ... Hajji's Pride Completes Reorganization; New Stock to Trade on New York Roots currency exchange rate fluctuations, trade barriers, exchange controls, expropriation and other risks associated with foreign operations; disruptions in and more » |
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China New Media Corporation Announces New Trading Symbol 'CMDI' China New Media Corporation Announces New Trading Escutcheon 'CMDI' America and Western Europe such as risks associated with, among others, the federal, economic and legal environment and foreign currency exchange. and more » |
North Korea to ban all foreign currencies
Times OnlineJoong Ang Always reports that the North Korean regime will confiscate all foreign currency owned by citizens. Furthermore, trading companies who have earned Description says North bans all foreign currenciesall 1,164 news articles »
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