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 .…

Posted in Forex, Main Post | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Markets rally, oil prices top $100 a barrel

A decision to make it easier for banks to lend money to keep the economy growing by the Federal Reserve along with the European Central Bank, the Bank of England and central banks from Canada, Japan and Switzerland led to …

Posted in Commodities, Economy, Main Post | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Oil slips as investors speculate drop in global demand

Oil is trading lower for a third consecutive day on more concerns that the global economy will slowdown and reduce the demand for oil equivalents.

The U.S. and European economy has been a focal point for investors recently. Debt problems …

Posted in Commodities, Main Post | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

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 …

Posted in Latest Headlines, Services | Tagged , , , , , , , , , , , , , , , , , , , , , | Comments Off

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 …

Posted in Forex, Main Post | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Oil up as supplies drop and stimulus speculation grows

Oil is trading slightly higher today due to the sharp decrease in crude oil supply last week.

The Energy Department’s Energy Information Administration reported that oil inventories dropped by 7.3 million barrels last week, way more than the 1 million …

Posted in Commodities, Main Post | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Comments Off