Posts Tagged ‘the exchange rate’
U.S. Nonfarm jobs drop by 524k in December. Unemployment rate hits 16-year high.
U.S. Non-farm Payrolls employment data released today showed that jobs fell by more than 500 000 for the second straight month in December. The non-farm payrolls Department of Labor report showed that US payrolls shed 524,000 jobs in December, following a revised drop of 584,000 jobs in November. The November payrolls data had showed a originally decline of 533,000 jobs and the number of job losses total in 2008 extended to 2.6 million. The two straight months of over 500 000 jobs Lost marked a first in the history of the government report. December's jobs data surpassed economic forecasts that were expecting a job loss of approximately 500 000 workers for the month. (more...)
Tags: currency trading, Foreign Exchange, the exchange rate, USD/CHF trades
Summary currencies
Regarding the exchange rate between euro and dollar, we see that until just over half of the week, the dollar has gained very strong against our currency. Then there was reversed during the Thursday and Friday that led the euro to regain almost all the ground lost. Closing the week was therefore virtually in balance with the opening. Surely the figure of unemployment, worse than expected, has affected negatively on the bigletto green.
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Tags: currency, economic data., Exchange rate, the exchange rate, U.S. dollar trend
Why action “UkrAuto” risen 30 times?
In late February, the East-European stock exchange there was a tremendous difference in the value of shares corporation UkrAvto “in comparison with other trading platforms.
So, February 25, the minimum stock price “UkrAuto” was recorded at the Ukrainian market and is 132 UAH. per share, and the next day was the lowest rate in the East-European stock exchange (VEFB) – 3964 UAH. per share. At other sites on February 26 shares “UkrAvto not traded again,” Case “.
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Tags: the exchange rate, the stock exchanges, the stock price
Landmark: Balance of payments and exchange rates
The balance of payments is one of the main variables responsible for changes in exchange rates (interest rates, inflation, productivity growth, are other important variables). At least consider that, in the context of trade, the different models Keynesian developed in the 60s (Mundell, Fleming).
To understand the following, a few simple reminders: the three major scales.
The trade balance between countries. It corresponds to the accounting balances resulting from exchange of goods (physical assets) between a country and other countries. Read the rest of this entry »
Tags: currency until, foreign currencies, Foreign Exchange, The central bank, the exchange rate, The stocks
Forecasts Euro Dollar
The U.S. Federal Reserve (Fed), has hinted it is not intended to raise the exchange rate until 2012. The statements of members of the Fed, have strengthened expectations that rates will stay low for an extended period. This situation will cause the dollar continues to depreciate.
Moreover, the president of the St. Louis Federal Reserve, James Bullard said on Sunday that the central bank should keep alive its procurement program for mortgage-related assets beyond the time planned to help stimulate the economy . Read the rest of this entry »
Tags: the dollar, the euro., the exchange rate, The U.S. currency
