QE2 finally pulls into port

Almost eight months ago, the Federal Reserve announced their intention to launch a second round of “quantitative easing,” otherwise known as printing...

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8:31 AM | 0 comments

QE2 finally pulls into port

Almost eight months ago, the Federal Reserve announced their intention to launch a second round of “quantitative easing,” otherwise known as printing...

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8:30 AM | 0 comments

Does Durbin need a refresher course on the Constitution?

I never thought I’d long for the days of Robert Byrd and his “pocket Constitution,” but alas, Dick Durbin has managed to eke out that much nostalgia after...

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8:24 AM | 0 comments

Does Durbin need a refresher course on the Constitution?

I never thought I’d long for the days of Robert Byrd and his “pocket Constitution,” but alas, Dick Durbin has managed to eke out that much nostalgia after...

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8:24 AM | 0 comments

Weekly jobless claims remain flat

When I first looked at the weekly report from the Department of Labor on initial jobless claims, it didn’t look like news to me. The number remained...

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8:21 AM | 0 comments

Weekly jobless claims remain flat

When I first looked at the weekly report from the Department of Labor on initial jobless claims, it didn’t look like news to me. The number remained...

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8:20 AM | 0 comments

PM blames Thaksin, Hun Sen for conflict [A bad workman blames his tools]

Amid political war of words, armies on both sides deny they have any intention to trigger border clashesThe dispute between Thailand and Cambodia ...

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8:14 AM | 0 comments

PM blames Thaksin, Hun Sen for conflict [A bad workman blames his tools]

Amid political war of words, armies on both sides deny they have any intention to trigger border clashesThe dispute between Thailand and Cambodia over...

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8:14 AM | 0 comments

John Lennon … Reagan Republican?

Second look at John Lennon? If his last personal assistant is to be believed, we may have to imagine John Lennon as a Reaganite. Fred Seaman told a...

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5:22 AM | 0 comments

Great news: Obama has no idea what to do with captured terrorists

Say, anyone have any idea how to handle a captured terrorist? Apparently not anyone in the White House, even after more than two years of running the...

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11:23 AM | 0 comments

Obamateurism of the Day

While traveling out of the country last week, I pondered whether to add the Win A Date With Tad Hamilton President Obama $5 fundraiser to the list of...

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11:09 AM | 0 comments

Korea’s Won Jumps on Inflation Forecast

The South Korean won climbed today as outlook for higher consumer prices growth compared to the previous estimates increased appeal of the nation’s assets.According...

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10:17 AM | 0 comments

Canadian Dollar Rebounds vs. Greenback on Stocks & Oil

The Canadian dollar gained versus the US dollar today, after reaching yesterday the lowest level in more than three months, as crude...

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3:00 AM | 0 comments

US Dollar Rallies Ahead of Vote in Greek Parliament

The US dollar gained against most of its major counterparts as the concerns about the outcome of Greece’s vote for the bailout....

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7:29 AM | 0 comments

Pound Regains Strength After Week of Losses

June 27th, 2011The Great Britain pound rose today against most major currencies, following the significant drop last week, on the speculation...

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7:25 AM | 0 comments

Week of Worries — Week of Gains for Franc

The Swiss franc gained almost every day against other currencies this week, resulting in an impressive weekly gain for the safe...

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8:46 AM | 0 comments

Thai Baht Weak Ahead of Elections

The Thai baht fell today on the concerns about the coming elections and on the negative influence of the economic situation in the European Union. ...

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7:09 AM | 0 comments

Canadian Dollar Flat After Decline, Gains vs. US Dollar June 24th, 2011

The Canadian dollar traded sideways after it fell yesterday as crude oil declined on the Federal Reserve cut its US growth forecast....

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7:07 AM | 0 comments

Euro Falls as EU Leaders Discuss Greece June 24th, 2011

The euro went down before the end of the summit in Brussels today. The European Union leaders discussed the bailout...

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7:03 AM | 0 comments

Pound Falls as Retail Sales Decline Thursday

The Great Britain pound dropped today for the second day as the retail sales retreated to the lowest level this year,...

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9:05 AM | 0 comments

Rand Weakens with Commodities on US Growth Forecast June 23rd, 2011

The South African rand fell today for the second day as commodities weakened after the Federal Reserve slashed its US growth...

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9:04 AM | 0 comments

Canada’s Dollar Fluctuates After Carney Statement June 23rd, 2011

The Canadian dollar fluctuated after the dovish statement of the Federal Reserve and the speech of Mark Carney, Bank...

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9:01 AM | 0 comments

Pound Falls as Minutes Signal About More Stimulus

The Great Britain pound dropped today as the minutes of the Bank of England monetary policy meeting showed that most of the policy...

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6:49 AM | 0 comments

Kiwi Fluctuates, Can Become Stronger on Current Account

The New Zealand dollar fluctuated today after it rose yesterday as the nation’s current account deficit shrank more that was predicted...

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6:46 AM | 0 comments

Sheqel Gains on Interest Rates Swaps

The Israeli New Sheqel rose today as the difference between Israel’s and the US interest rates attracted investors to the currency....

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8:01 AM | 0 comments

Australian Dollar Falls on Monetary Policy Minutes

The Australian dollar weakened today after the minutes of the Reserve Bank of Australia monetary policy meeting indicated that...

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7:59 AM | 0 comments

Loonie Gains vs. Greenback on Fundamentals, Falls vs. Euro

The Canadian dollar advanced versus the US dollar on the good outlook for today’s Canadian macroeconomic reports, while fell...

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7:57 AM | 0 comments

US Dollar Falls as Traders Expect Fed Would Maintain Stimulus

The US dollar weakened on today’s trading session as analysts say that this week’s reports will show weakness of the US housing...

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7:56 AM | 0 comments

South African Rand Falls on Greek Crisis, Trims Losses June 20th, 2011

The South African rand dropped today as the disagreement of the European Union leaders about the bailout for Greece...

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11:22 AM | 0 comments

Greece’s Bailout Delayed, Swiss Franc Jumps June 20th, 2011

The Swiss franc advanced today as the European Union leaders considered withholding half of the €12 billion portion of the Greek...

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11:18 AM | 0 comments

Week Ended Positively for Euro

The situation with Greece’s debt was hurting the euro during this week, but by the end of the week traders glimpsed a light...

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9:34 AM | 0 comments

Australia’s Dollar Suffers from Europe’s Problems

The Australian dollar weakened as the unending troubles in Europe drove stocks and commodities to the downside, reducing...

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3:46 AM | 0 comments

Australia’s Dollar Suffers from Europe’s Problems

The Australian dollar weakened as the unending troubles in Europe drove stocks and commodities to the downside, reducing...

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3:42 AM | 0 comments