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Japan Unveils $11 Billion Stimulus
As Japan unveils a new stimulus package, Richard Yetsenga, global head of emerging market FX Strategy at HSBC, says it is unlikely to make a marked difference. He speaks to CNBC's Chloe Cho about whether spending more money will really help the economy.
What's Driving Ringgit Strength?
With the Malaysian ringgit on the rise, Richard Yetsenga, global head of emerging market FX Strategy at HSBC, speaks to CNBC's Chloe Cho about the fundamentals driving the strength and why he is bullish on the currency.
Kan Unveils $11 Billion Stimulus Package to Boost Japan Economy
Japanese Prime Minister Naoto Kan unveiled details of his 920 billion yen ($11 billion) stimulus plan to boost consumption and create jobs as the yens advance to a 15-year high threatens the economic recovery.
About 450 billion yen will go to spur consumer spending through incentives to buy ene...
Forex: USD/CHF accelerates and breaks above 1.0200 - Forexrazor
Forex: USD/CHF accelerates and breaks above 1.0200
Forexrazor
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work ...
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T-Bond, Gold outflows may indicate impending stock market rally
A better than expected U.S. Weekly Initial Claims Report helped drive up demand for risky assets early in the session but that euphoria ended shortly after stocks opened. Low volume because of a religious holiday may be to blame for the thin trading conditions. Money moved out of gold and T-Bonds on...
U.S. Dollar Up a bit on Job Claims but Mostly Rangebound
The U.S. Dollar opened mostly lower against most majors but recovered from its early losses following a better than expected Weekly Initial Claims Report.
ECB Makes Case for Belt-Tightening
The ECB is pressing the case for fiscal belt-tightening despite an uncertain global recovery, arguing that the benefits from higher private-sector confidence outweigh any drag on demand.
Forex: EUR/USD breaks 1.2650, 8-day low - NASDAQ
Forex Crunch (blog)
Forex: EUR/USD breaks 1.2650, 8-day low
NASDAQ
FXstreet.com (Barcelona) - Euro decline from 1.2917 on Sept 6 continues to head south on Friday, after a downside acceleration pierced 1.2658 support zone ...
Forex: EUR/USD ends under 1.2700NASDAQ
Forex: Euro and Pound bounce up as US data increases demand for riskNASDAQ
Forex: EUR/USD back below 1.2700NASDAQ
NASDAQ -NASDAQ -NASDAQ
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A Return of Speculative Liquidity Doesn’t Forge a Meaningful Breakout for EURUSD or the S&P 500
For those familiar with seasonal trends in the financial markets, this past week carried a significantly probability for not only volatility but also trend generation. The second trading week of September marks the return of US-based liquidity after an extended holiday weekend; and it is also considered the end to the summer doldrums.
Dollar Retrenches Itself Deep in its Month-Long Range as Scheduled Event Risk Evaporates, Weekend Approaches
Technically, the US dollar would put in for a positive close through Thursday’s active session. However, an astute trader would appreciate the fact that the single currency is actually still mired in its month-long congestion pattern. It is easy to become caught up in the day-to-day changes from particular currency pairs; and the headlines of a positive or negative move can often be exaggerated to catch the attention of traders with extraordinarily short attention spans.
Japan's Gross Domestic Product Expands 1.5% More Than Initial Expected During The Second Quarter
The Japanese economy released its report today, showed that the Japanese economy expanded more than initial expected during the second quarter of the year, as the nation’s export (which the main pillar of the growth) increased and surpassed imports, and an upward revision in capital expenditure.
Fed's Bullard: Fed Has Some Bullets Left If Needed
The Federal Reserve has some bullets left if needed, but the central bank should only act in increments rather than "do some kind of shock" if it were to further ease its policy through quantitative steps, St Louis Fed President James Bullard said Thursday.
The central banker continues to expect...
Japan Government: To Intervene In Forex If Necessary - Wall Street Journal
Japan Government: To Intervene In Forex If Necessary
Wall Street Journal
TOKYO (Dow Jones)--The Japanese government said Friday it will intervene in the foreign exchange market if needed to curb a rise in the yen that it warns ...
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