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Euro under pressure as sentiment shifts
October 3, 2011The euro hit eight month lows of $1.3314 versus the dollar in overnight trade, weighed down by the announcement from the Greek government that it will miss this year’
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US Budget deficit reaches 57.64B in May
June 11, 2011FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news. FXstreet.com: Latest News
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EU Current Account deficit narrows to €0.7B in Jan; from €12.5B in Dec
March 18, 2011FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news. FXstreet.com: Latest News
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U.K. Deficit Decreases, Thanks to Spending Cuts
October 26, 2010Sterling heads higher against the U.S. dollar The U.S. dollar is gaining against most major currencies today as confidence in global economic recovery slips a bit. However, the one major currency that is gaining against the U.S. dollar is the sterling. U.K. Deficit Retreats David Cameron’s government promised to cut spending and lower the deficit, [...]
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Trade Deficit Increases — And So Does Risk Appetite on the FX Market
July 13, 2010U.S. dollar weakens in currency trading The trade deficit increased to its widest level since November 2008, and that is having the effect of helping risk appetite on the FX market. Why? Because a widening trade deficit indicates that Americans are getting ready to spend money. And when consumers start spending, the economy picks up. [...]