The Currency Report - U.S. Dollar, Japanese Yen
Seeking Safety in Dollars and Yen (Bloomberg News)
Category: News & Politics
Tags: Personal Finance Business Economy International Government Politics Science Technology Energy Oil Editors Pick
Friday, July 10, 2009
Oil Price Volatile
One Year Anniversary of Oil's Intraday Record High - Analysis and Discussion with Maynard Holt of Tudor, Pickering, Holt & Co. (Bloomberg News)
Oil closed 2008 at $44.60 after falling from $147 nearly a year ago. Crude then surged from below $35 in March in part on investor concern that massive U.S. fiscal stimulus spending will eventually spark high inflation. Investors often buy commodities such as crude as a hedge against a weakening dollar and inflation.
Category: News & Politics
Tags: Law Legal Issues Business Economy Energy International Government Politics Science Technology Oil Natural Gas Editors Pick
Oil closed 2008 at $44.60 after falling from $147 nearly a year ago. Crude then surged from below $35 in March in part on investor concern that massive U.S. fiscal stimulus spending will eventually spark high inflation. Investors often buy commodities such as crude as a hedge against a weakening dollar and inflation.
Category: News & Politics
Tags: Law Legal Issues Business Economy Energy International Government Politics Science Technology Oil Natural Gas Editors Pick
The Euro Under Pressure
Analysis and Discussion with Ian Stannard of BNP Paribas (Bloomberg News)
The fall below $ 1.4080, as expected, resulted in a further weakening of the single European currency, now trading around $ 1.4065, to find some support in the area of $ 1.4045. Dealers, however, pay attention to the fact that the news about lowering the credit rating of Ireland was not helped to improve an already negative mood, and a foot below the $ 1.4045 to be in jeopardy. Currency strategists BNP Paribas, meanwhile, also saw the risk of continuing in the direction of the fall of the euro to $ 1.4000, while it should be noted that in the area of the figure is страйк major option and, while small orders for the purchase of stored near $ 1.4020, testing support at the $ 1.4000 is very likely.
Tags: Personal Finance Business Economy International Banking Government Politics Editors Pick
The fall below $ 1.4080, as expected, resulted in a further weakening of the single European currency, now trading around $ 1.4065, to find some support in the area of $ 1.4045. Dealers, however, pay attention to the fact that the news about lowering the credit rating of Ireland was not helped to improve an already negative mood, and a foot below the $ 1.4045 to be in jeopardy. Currency strategists BNP Paribas, meanwhile, also saw the risk of continuing in the direction of the fall of the euro to $ 1.4000, while it should be noted that in the area of the figure is страйк major option and, while small orders for the purchase of stored near $ 1.4020, testing support at the $ 1.4000 is very likely.
Tags: Personal Finance Business Economy International Banking Government Politics Editors Pick
Role of housing in economic recovery
The Wall Street Journal: Role of housing in economic recovery
“The economy will not recover until housing prices stabilize. Housing affects not just American families but banks, credit markets and construction business and jobs. Economics editor David Wessel explains.”
“The economy will not recover until housing prices stabilize. Housing affects not just American families but banks, credit markets and construction business and jobs. Economics editor David Wessel explains.”
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