Search Results for: U.S. economy
Dollar eases after U.S. data disappoints, awaits Yellen
May 22nd, 2015
* Dollar index hovers below recent 2-week high * For the week, dollar index up more than 2 pct * BOJ keeps policy unchanged as expected * Caution reigns ahead of Kuroda, Yellen comments (Updates prices, adds comments) The ...
Dollar pushes higher but near lows after downbeat U.S. data
May 18th, 2015
* Output, consumer confidence data back bets that Fed will wait * IMM data show speculators continued to trim long dollar bets * DXY vulnerable to further near-term correction-strategist * Kiwi skids after tax news raises rate-cut speculation The ...
U.S. Trade Gap Widens on Surging Imports
May 6th, 2015
Stronger dollar, influx of foreign goods augur lower numbers on economic growth A stronger dollar and an influx of pent-up imports into West Coast ports are pointing the U.S. economy toward its third quarterly contraction in its six-year-long expansion, ...
Stocks slip, euro near two-month high as US economy loses steam
April 30th, 2015
Asian stocks stumbled on Thursday while the euro held near two-month highs against the dollar after surprisingly downbeat first-quarter economic growth in the United States – a key export destination for many of the region’s economies. Spreadbetters expected the ...
Dollar near 2-month low ahead of U.S. GDP, Fed policy statement
April 29th, 2015
* Dollar index hovers near its lowest level in 2 months * Euro flirts with $1.10, Aussie back near 80 U.S. cents * Investors await U.S. GDP, Fed outcome The dollar wallowed near a two-month low against a basket ...
Dollar on defensive after more weak U.S. economic data
April 27th, 2015
The dollar started the week on the defensive on Monday after more disappointing U.S. economic data reinforced expectations the U.S. Federal Reserve will not hike interest rates any time soon, while concerns about Greece‘s debt talks pressured the euro. ...
Huge Trouble Is Percolating Just Under The Surface Of The Global Economy
April 16th, 2015
Did you know that the number of publicly traded companies declaring bankruptcy has reached a five year high? And did you know that Chinese exports are absolutely collapsing and that Chinese economic growth in 2014 was the weakest in ...
Japan Overtakes China as Largest U.S. Bondholder
April 16th, 2015
Japanese become biggest funders of American government for first time since 2008 financial crisis Japan dethroned China as the top foreign holder of U.S. Treasurys for the first time since the financial crisis, following a wave of purchases by ...
India is world’s fastest growing major economy. Can it last?
April 15th, 2015
India is looking like the success story of 2015. Its economy is growing faster than China‘s this year, and the most of any major economy in the world. It will surpass Russia‘s this year in size and nearly equal ...
Citibank Seen as Target for Plea in U.S. Currency Case
April 3rd, 2015
The U.S. Department of Justice is pressing for Citigroup Inc.’s main banking subsidiary to plead guilty to a felony tied to the rigging of foreign-exchange markets, according to two people briefed on the matter. Citigroup has countered with an ...
