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IMF Renews Support for Burundi’s Economic Reforms
January 25, 2012The IMF Executive Board approved a final $ 7.6 million payout to Burundi under its existing IMF loan, and also supported a new three-year loan to the central African country. Burundi’s new IMF-supported program aims to alleviate key bottlenecks to growth and foster macroeconomic stability. IMF Survey Magazine
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Forex Flash: USD strength driven by economic data – Commerzbank
January 21, 2012FXstreet.com (Córdoba) – The further the prospect of additional quantitative easing measures (QE3)… For more information, read our latest forex news. FXstreet.com: Latest News
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Odds in Africa’s Favor as Continent Walks Economic Tightrope
January 11, 2012The big question for sub-Saharan Africa in 2012 is whether the region can sustain its recent strong growth despite a stalling global economy. The odds seem in its favor. But the costs of a fall from its tightrope 2011 performance remain disconcertingly high. IMF Survey Magazine
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US Growth May Improve in 2012 — Even as Eurozone Growth Decreases
December 30, 2011US dollar forex trading forecast The US economy has been showing signs of growth recently, with declining jobs claims, increased holiday sales, better housing data (thanks to pending home sales) and improved consumer sentiment. As a result of this good news, some expect to see a US economic recovery pick up the pace in 2012 [...]
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The EU new economic governance package
September 18, 2011FXstreet.com (Buenos Aires) – Today, the finance Ministers of the euro zone had reached an… For more information, read our latest forex news. FXstreet.com: Latest News
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Euro Slumps on Concerns about Global Economic Growth
August 21, 2011Euro lower in forex trading The euro is slumping today in forex trading as concerns about the global economy rise to the surface. In the euro zone, concerns about growth, connected to Germany’s recently disappointing reading, are combining with sovereign debt worries. In the U.S., the latest jobless claims data is once again raising questions [...]
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EU Economic Confidence declines to 105.1 in Jun from 105.5 in may
June 29, 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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IMF: U.S. Economic Growth to Slow
June 17, 2011U.S. dollar lower in currency trading The IMF has lowered its forecast for the U.S. economy, prompting a lower U.S. dollar in currency trading on the FX market. The IMF believes that U.S. economic recovery is in danger — and the rest of the world’s recovery is in danger as well. Also sending the U.S. [...]
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EUROZONE 1Q GDP HEADLINES THE ECONOMIC CALENDER
June 13, 2011The dollar fell to a one-month low below the Y80 level versus the yen in early morning trade with the Japanese currency bought on the back of heightened risk aversion reflecting falls in Asian share prices. The USD was also weighed down by remarks from Fed Chairman Ben Bernanke, the tone of which reinforced market [...]
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US: IBD/TIPP Economic Optimism up to 44.6 in June
June 7, 2011FXstreet.com (Barcelona) – US IBD/TIPP Economic Optimism increased by 44.6 in June in comparison… For more information, read our latest forex news. FXstreet.com: Latest News
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US Q1 GDP HEADLINES THE ECONOMIC CALENDER
May 26, 2011There was a bounce in the euro yesterday and overnight on talk of the possibility of China stepping up its European bond purchases, as well as easing risk aversion on the back of a rise in Asian share prices. The talk on China was fuelled by newspaper story from a professor at the People’s Bank [...]
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Economic Policy Cooperation Vital to Global Recovery
May 22, 2011Advanced and emerging market economies stand to benefit from a stronger economic recovery if they cooperate in setting their basic economic policy plans, said John Lipsky, acting managing director of the International Monetary Fund. IMF Survey Magazine
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STERLING WEIGHED DOWN BY POOR ECONOMIC FIGURES
May 10, 2011The pound remains weighed down by poor economic data, the political fallout within the coalition government from last week’s local elections and the resounding ‘No’ vote in the AV referendum and the growing realisation that the Bank of England’s Monetary Policy Committee look set to keep UK interest rates unchanged at the historic 0.5% l [...]
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Asia Likely to Suffer Economic Repercussions From Japan Earthquake
April 28, 2011The earthquake and tsunami which devastated much of Japan’s north east coastal region earlier this year will affect economic activity not only in Japan, but also other Asian countries over the coming months, predicts the IMF. IMF Survey Magazine
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ZEW index plunges in the EU
April 12, 2011FXstreet.com (Barcelona) – The Centre for European Economic Research’s Survey on Economic Sentiment… For more information, read our latest forex news.
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Aussie Continues to Surge in Forex Trading
March 30, 2011Australian dollar gets support from prospect of global economic growth The Aussie continues to surge in forex trading. An Australian dollar rally that started yesterday continues today as commodities — especially gold — show signs of strength. One of the drivers right now is the prospect of global economic growth. The latest employment data out [...]
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IMF Spurs Global Economic Policy Rethink
March 24, 2011Wide-ranging new ideas and innovative thinking at a high-profile IMF conference marked an important step in the global debate on macroeconomic policies in the wake of the global economic crisis. Participants shared a common view on the need for new approaches to policy formulation. IMF Survey Magazine
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Sterling Higher After Positive Economic Data
February 18, 2011U.K. pound gains in forex trading The sterling is higher in currency trading on the FX market today, thanks to the latest economic data. Positive economic data, including better than expected retail sales data for January, is helping the U.K. pound in forex trading. Risk appetite is making a bit of a comeback as equities [...]
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Risk Appetite Reduced in Currency Trading
January 10, 2011Currency trading on the FX market Risk appetite has all but disappeared right now in currency trading on the FX market. While the euro is heading higher right now, this state of affairs in not expected to last. Other risk currencies, like the Aussie and the sterling, are lower in forex trading. Concerns about what [...]