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When the National Bureau of Economic Research made its official recession declaration yesterday, a couple of questions came to mind. One, as expressed in one of the comments on our story , is, “DUHHH. Did it really take them that long to figure ...
Read moreNEW YORK - In a session that showed more indecision than conviction, the stock market rebounded Tuesday from the previous day's massive decline. The Dow Jones industrials rose 270 points after fluctuating sharply, and all the major indexes rose more ...
Read moreTOKYO, Dec 3 (Reuters) - The Nikkei average rose 1.8 percent on Wednesday, buoyed by a jump in retailer Seven & I Holdings after a brokerage upgrade, though automakers, facing a sharp drop in U.S. car sales, weighed on the market
Read more_____AUSTRALIAN CREDIT/FOREX (0100 GMT) SNAPSHOT_____ FOREIGN EXCHANGE (against previous Sydney close) 0.6419/23 (0.6388/93) 1.2079/98 (1.2039/58) 92.97/93.00 (93.38/42) 0.5059/63 (0.5055/58) 1.2686/88 (1.2640/43) DEBT FUTURES CASH YIELDS ...
Read moreSEOUL, Dec 3 (Reuters) - South Korean authorities would make only make marginal interventions in the foreign exchange market due to a rapid depletion of the country's foreign currency reserves, a top government official said on Wednesday. 'South ...
Read moreBANGKOK, Dec 3 (Reuters) - The Bank of Thailand could cut interest rates on Wednesday by more than economists had expected just a week ago after the economic damage wrought by a week of political protests and the big drop in inflation in November ...
Read moreIt's a rather quiet pre-Thanksgiving Asian session. Major pairs and crosses in the forex markets are basically staying in tight range today. Dollar gives back some of yesterday's gain as Asian stocks are sent higher by China's rate cut. Main focus ...
Read moreNEW YORK (Reuters) - The dollar and yen rallied Monday as sharp declines in U.S., European and Chinese manufacturing activity unnerved investors and pushed world stock markets lower. THe U.S. and Japanese currencies have rallied over the last few ...
Read moreCurrency bid prices at 9:10 a.m. EST (1410 GMT). All data taken from Reuters calculated from levels in the previous New York session. Last US Close Pct YTD Pct 2007 Dec. 1 Change Change Close ...
Read moreNov 28 - Japanese Yen May Fall As Seasonal Forces Grip the Forex Market Nov 26 - Japanese Yen Congestion May Turn Into Breakouts As Low Liquidity Leverages Volatility Nov 26 - US Dollar/Japanese Yen Exchange Rate Forecast Nov 25 - Japanese Yen Gains ...
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