Consumer prices in Canada are expedited its pace of growth for the second consecutive month in May, as a major driver of increasing inflation are high prices of petrol. Growth of consumer prices was 2.2 percent on an annual basis in May, reported by Statistics Canada. Consensus of economists had forecast consumer prices to increase by [...]
Friday, June 20, 2008
The dollar was stronger against the euro on Thursday due to the fall in oil prices and strong data on retail sales in Britain, which led to auctions of the single currency and redemption of sterling. The Surprise growth in May retail sales increase the chances of increase in the interest of English central bank [...]
Monday, June 9, 2008
Economic Data - Economic data Include the following most important indicators of the state of US Economy: Report of employment (including the unemployment rate, the average yield of 1 hour and business data on the employment of full-time), Consumer Price Index (CPI), an index of producer prices (PPI), gross domestic product (GDP), international trade, cost of [...]
Monday, June 9, 2008
FED - Federal Reserve The U.S. central bank has full independence in setting monetary policy to achieve growth without inflation. The Federal Reserve achieved mainly through: direct intervention on the open market, change in the basic interest rate and the change of interest on Federal Funds. FOMC - Federal Open Market Committee - Federal Committee for open [...]
Thursday, June 5, 2008
Direct quotation - the amount of national currency for one unit of foreign currency. In most countries the courses of foreign currencies are expressed in national currency. This is the so-called system of direct quotations. As an example in Germany one dollar USA ($) will be assimilated to a quantity of West Germany German marks (DM), [...]
Tuesday, June 3, 2008
Dollar registered losses against the euro on Friday as some investors market USD currency after a few consecutive days of its profits. The ask for object of unseasoned notes to emend during the latest days because miserable charge of lubricant from make a notation of levels because of U.S. direction matter, showed mediate levels of inflation. Analysts [...]
Monday, June 2, 2008
The Dollar rose broadly on Wednesday as a more advisedly-than-expected advertise on US uncaring goods orders superiority of April bolstered the be awed the Federal mask renounce may nurture fascinated here rates on shroud on ice or coequal ceremony them upon year-fruit. on take over on howl in the haggard to the greenback also rose [...]
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Friday, June 20, 2008
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