Credit woes resurfaced throughout the major money centers on Friday, which sent off a fresh wave of unwinding of JPY…
Month: November 2007
Major Market Movers: The Battle Continues
As for the University of Michigan Confidence for the month of November, the reading showed a dreadful 75.0 making it…
University of Michigan Consumer Confidence Falls to 2-year Lows
University of Michigan Consumer confidence fell to its lowest levels since October, 2005, as consumers grew sharply less optimistic about…
Forex Fundamental Outlook
Data released in the U.S. today saw the September trade balance narrow to -US$ 56.45 billion from -US$ 56.8 billion…
Daily Economic Update
U.S. trade sector a big support for the economy. The U.S. international trade deficit improved modestly to US$56.45 billion from…
Mid-Day Report: Yen Surges on Risk Aversion and Yuan, Dollar Benefited
The Japanese yen surges across the board today pushing through 111.59 against the greenback. While risk aversion on further credit…
US Import Price Growth Posts Sharpest Gain In Two-Year, Trade Balance Narrows Slightly
The US import price index rose 1.8 percent during the month of October and rocketed to a two-year high of…
Canadian Trade Surplus Lowest Since 1998
Commodity exports may not be able to sustain Canada’s long-running trade surplus if the nation’s currency sustains its recent record…