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EURUSD bouncing around today. Pressured in early NY trade on rumors »
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
FTSE rises in midday trade (AFP) »
rose on Friday, as dealers digested news of a surge in the nation's debt.
The FTSE added 0.92 percent to 5,265.92 points in late morning trade.
Official data on Friday showed public borrowing soared to a record high in November, stoking concerns about the nation's ballooning debt.
— hit 20.3 billion pounds in November.
That [...]
Wall St gains in choppy trade; tech lifts Nasdaq »
NEW YORK (Reuters) – Stocks rose on Friday in choppy trade as quarterly results from Oracle and Research In Motion lifted the Nasdaq more than 1 percent, but the U.S. dollar’s climb curbed gains in both the Dow and the S&P 500.
The Nasdaq was led higher by Oracle Corp shares, which jumped 6.4 percent [...]
Pound to Trade Below $1.60 on Weak Resilience, Fed Rate Hikes »
TheU.K. economy is being one oftheslowest torecover from theglobal slump that started inthesecond semester last year, andaseconomies recover globally faster than intheBritish Isles, thepound may decline further versus theeuro andthedollar.
After posting thefourth consecutive weekly decline versus thegreenback, theoutlook fortheBritish currency remains rather unattractive, asforecasts suggest ahigher than previously expected budget deficit forthefollowing years intheU.K., [...]
New U.S. jobless claims rise, trade gap narrows »
New U.S. jobless claims rise, trade gap narrows
WASHINGTON (Reuters) – The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, but a surprise narrowing in the trade gap in October suggested the economic recovery was becoming entrenched.
Initial claims for state unemployment insurance rose 17,000 to 474,000 [...]