Tag Archives: Federal Reserve
Euro gains a day after central banks agreement; Aussie dollar drops
The euro gained against both the U.S. dollar and Japanese Yen on Thursday after a move by central banks on Wednesday to ease lending to banks and increase the flow of the dollar eased strains on the global market .…
FedEx sinks on revised outlook
FedEx (NYSE:FDX) has dropped by more than 9 percent today after the package delivery company lowered its earnings expectations for the full fiscal year. The company says it made the the cut in expectations due to the slowdown in the …
Federal Reserve come up short with stimulus plan, dollar rises
The U.S. Dollar increased its appeal as a safe haven currency on Wednesday after the Federal Reserve announced that its will increase holdings of longer-maturity Treasuries and reinvest in mortgage securities. The move its anticipated to limit borrowing costs and …





















