These Great Graphics are from my Bloomberg. The one on the left is the daily bar chart of the euro. It shows that the gains the strong gains on August 21 have carried the single currency to its highest level since July 5 and is testing a trend line off t
and Similar News
$A down against stronger US dollar
Weaker-than-expected domestic economic data has helped push the Australian dollar lower against its US counterpart At 1200 AEDT on Monday, the currency was trading at 101.89 US cents, down from 102.36 US cents on Friday. Easy Forex senior dealer Francisc
Pressure builds on the rupee
Lack of a concrete plan to tackle India’s burgeoning current account deficit and a rally in the dollar globally aided by upbeat economic data are expected to put pressure on the rupee in coming days. Globally, the euro sank to a 2-1/2-month low before qu
Euro posts weekly fall on record unemployment
LONDON: Europe’s 17-nation common currency posted its longest stretch of weekly losses since June as demand slumped after Italy’s election produced a hung parliament and euro-area unemployment climbed to a record. The Dollar Index (DXY) rose to the highe
Some (Not Very Convincing) Evidence That This is Still the Greatest Country in the World
Today is not a great day for the American government, people, economy and reputation. But that doesn’t mean a good dose of schadenfreude can’t lift the gloom some. The unemployment rate in the euro zone edged up in January to a new record, official data
Bloomberg strikes deal with BNA journalists
Bloomberg L.P. and the union representing journalists at its Washington-based subsidiary BNA have reached an agreement on a new three-year contract. The Newspaper Guild-Communication Workers of America posted that the agreement was reached at 3 a.m. A Bl
Brazil's Real Opens Weaker on Overseas Gloom
By Jeff Fick The Brazilian real opened weaker against the U.S. dollar Friday after Brazil reported its worst annual economic performance in the three years and looming spending cuts in the U.S. overhung the currency market. The local currency tracked dec
