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Manufacturing index up for second month
September 30th, 2009 by forex
Manufacturing activity expanded for a second straight month in September as the sector responded to government stimulus measures and low interest rates, a survey says.
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Bernanke asks Congress to empower regulators
September 30th, 2009 by forex
Federal Reserve Chairman Ben Bernanke says federal regulators should be responsible for ensuring that the financial institutions they oversee don’t become so big and unwieldy that their failure could bring down the economy.
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Warm up for Friday…
September 30th, 2009 by forex
There have been much cryptic and not so cryptic comments of late from Federal Reserve Bank speakers. Some are implicitly calling for rate hikes sooner rather than later to mop up all the mess of money excess
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Daily Chart Art - October 1, 2009
September 30th, 2009 by forex
Welcome to October-chart-fest! To start of the festivities, take a look at the action on three of the major pairs - the EURUSD, GBPUSD and USDJPY!
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Jobless Rates Drop In Most Metro Areas In August
September 30th, 2009 by forex
The August unemployment rate fell in about 60 percent of metropolitan areas from the previous month, as layoffs ease nationwide.
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Gold reclaims $1,000 on weak dollar, oil rally
September 30th, 2009 by forex
Gold reclaimed $1,000 an ounce on Wednesday, rising 1.5 percent as a weaker dollar helped lift the precious metal to its best quarterly performance since early 2008.
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Area Unemployment Rate Fell in August
September 30th, 2009 by forex
The unemployment rate in the Washington region fell for the second consecutive month, according to government data released Wednesday
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Fed is developing new exit tools
September 30th, 2009 by forex
The Federal Reserve is developing some new tools for reeling in the extraordinary support it’s provided to the economy, Fed Vice Chairman Donald Kohn said Wednesday.
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USD/JPY stays under 90.00
September 30th, 2009 by forex
!–TITOL: h1 id=”titol”USD/JPY stays under 90.00FITITOL–FXstreet.com (Buenos Aires) – USD/JPY Current Price: 89.82. Despite Tankan better than expected results, pair failed to react in early Japan session; just under 90.00, that’s the first level to watch to the upside, yet strong zone around 90.35 is key, as break above that level will confirm an upside recovery. br /br /“Hourly indicators show no upside momentum in the pair, suggesting won’t be easy to reach. Under 89.30 zone, pair would likely extend the downside, and deny chances of an upside movement.” said a href=”http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-01.html”Valeria Bednarik, collaborator at FXstreet.com/a.br /br /Support levels: 89.60 89.30 89.00. Resistance levels: 90.00 90.35 90.70.br /For more information, read our latest a href=”http://www.fxstreet.com/news/forex-news/”forex news/a.div class=”feedflare”
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UK Manufacturing Sector Set to Expand in September
September 30th, 2009 by forex
UK Manufacturing PMI is expected to print at 50.2 in September, showing that the industrial sector expanded for the second time in three months, rising…
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