SUBSCRIBE TO FEED'Economy' Tag
-
US Dollar Gains in Forex Trading
January 13, 2012Greenback higher in currency trading US dollar is gaining in forex trading on the currency market, thanks to concerns about what’s next for the European economy, US economy and more. US trade data has been anemic, and the latest debt auction from Italy didn’t go as well as expected. The result is that forex traders [...]
-
What’s Next for the US Economy?
December 26, 2011Is the economy finally ready to recover? Today, the US dollar index is lower, and the high beta currencies are gaining. Much of this has to do with optimism regarding what could be next for the US economy. Economic data today was mostly better than expected. Other than hiccups involving GDP, jobless claims were down [...]
-
Forex Flash: Swiss economy appears to be very weak – Wells Fargo
December 24, 2011FXstreet.com (Córdoba) – Economic growth in Switzerland has slowed all year and recent indicators… For more information, read our latest forex news. FXstreet.com: Latest News
-
Whats Next for the US Economy?
December 22, 2011Is the economy finally ready to recover? Today, the US dollar index is lower, and the high beta currencies are gaining. Much of this has to do with optimism regarding what could be next for the US economy. Economic data today was mostly better than expected. Other than hiccups involving GDP, jobless claims were down [...]
-
Hong Kong Economy Sound, but at Risk from a Euro Area Crisis
December 10, 2011Hong Kong Special Administrative Region has benefited greatly from China’s robust growth, and has successfully navigated a path through the current global uncertainty, but the fallout from the European debt crisis could negatively impact the region, say IMF economists. IMF Survey Magazine
-
Fed’s Beige Book: US economy grows at a slow to moderate pace
November 30, 2011FXstreet.com (Córdoba) – Overall economic activity increased at a slow to moderate pace in 11 of… For more information, read our latest forex news. FXstreet.com: Latest News
-
IMF Seeking to Curb Tensions, Risks in World Economy
November 3, 2011The IMF publishes a new work program for the next six months, in which top priorities include providing insightful analysis and policy advice to address vulnerabilities and rekindle growth and job creation. Other initiatives include advancing capital flows work and enhancing support for low-income countries. IMF Survey Magazine
-
China Slowing Down
October 14, 2011Global economy could be hit be China slowdown China’s economy is slowing down, with inflation easing, and expectations that it will continue to ease. The news isn’t great for the rest of the world, which has been counting on Chinese growth to help keep the global economy from sliding into recession. For now, currencies with [...]
-
World Economy Seen at Tipping Point in BBC Debate
September 24, 2011Political vision and leadership is needed to help the world out of the current economic impasse, panelists agreed at a BBC debate organized as part of the IMF-World Bank Annual Meetings. IMF Survey Magazine
-
Saudi Arabia Addressing Jobs, Housing as Economy Rebounds
September 22, 2011Higher oil prices—together with strong support from public spending—have helped Saudi Arabia’s economy rebound strongly from the global economic crisis. IMF Survey Magazine
-
Weak Global Economy Tops Agenda for Policymakers
September 20, 2011Recent turbulence in financial markets and increased risks in the global economy mean the 2011 IMF-World Bank Annual Meetings take place at a critical time. In an interview, the IMF’s Reza Moghadam discusses the issues that are likely to receive most attention at the meetings. IMF Survey Magazine
-
Financial Reforms Critical to Transforming Chinese Economy
July 21, 2011Financial liberalization will be essential in transforming China’s economic model to one of more inclusive growth, raising household incomes, boosting domestic consumption, and reducing the reliance on exports, say IMF economists in their regular review of the world’s second-largest economy. IMF Survey Magazine
-
Euro Cant Overcome Greece in Forex Trading
June 24, 2011Greenback higher in currency trading The euro has taken another beating this week in forex trading on the currency market. The 17-nation currency continues to struggle in forex trading as the Greek crisis appears no nearer to being resolved. Indeed, European leaders talk about solving the problem, but so far little has been done to [...]
-
Is QE3 Underway?
June 24, 2011U.S. dollar heads higher in forex trading There is some speculation that we are seeing de facto quantitative easing on a global scale. With concerns about a slowing economic recovery — especially with worries in the U.S. still in full effect — it is little wonder that some are trying to figure out how to [...]
-
Canadian Economy Sees Better Growth in Quarter 1
May 30, 2011Canadian dollar mostly rangebound ahead of interest rate announcement The Canadian economy saw increased growth in Quarter 1, growing to 3.9%. Businesses helped spur the growth. Even though there was improvement in economic growth, though, the Canadian dollar dropped a little bit. Economists had expected to see 4% growth for Canada in the first quarter [...]
-
U.S. Economy Sees Increase of 244,000 Jobs in April
May 6, 2011U.S. dollar falls back after another boost Yesterday, the U.S. dollar rallied as Jean-Claude Trichet disappointed forex traders about euro zone interest rates, and as commodities — especially gold prices — plunged. Today, though, the story is changing. The U.S. dollar did get a boost earlier on the news that the economy added 244,000 jobs [...]
-
Governments’ Role in Economy at Heart of Debts, Deficits Debate
April 21, 2011The current discussion about countries cutting public debts and deficits has reopened the larger philosophical debate about the role of government in a country’s economy. IMF Survey Magazine
-
FOMC: U.S. Economy Looks Good
April 7, 2011U.S. dollar mostly lower on improved economic outlook The Federal Reserve’s Open Market Committee is confident that the U.S. economy on the road to solid improvement right now. Even with the housing issues, the Fed believes that economic activity is about to pick up. Indeed, recent signs of economic improvement, including a better jobs outlook, [...]
-
Pound Rallies Across The Board After Strong Growth Figures
October 27, 2010The Pound rallied across the board yesterday after the preliminary 3rd quarter GDP figures showed the UK economy grew twice as much as initial forecasts. Sterling came under heavy selling pressure on Monday falling to a near 7 month low versus the Euro on speculation that the 3rd quarter GDP estimate would produce a weak [...]
-
Yuan Appreciation Likely to Come Slowly
September 22, 2010How soon will China become the #1 economy in the world? According to a Bloomberg global poll, there is wide belief that China will become the world’s foremost economy within two decades. The poll also indicates that many believe that yuan appreciation against the U.S. dollar will be slow. This is not terribly surprising, considering [...]