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NEW YORK - The government's plan to bail out Citigroup sent Wall Street soaring Monday for the second straight session as investors hoped that the worst of the financial industry's problems might finally be over. The Dow Jones industrials surged ...
Read moreHONG KONG, Nov 25 (Reuters) - Asian shares rallied and bonds fell after the U.S. government rescued banking giant Citigroup in a bid to prevent further damage to the ailing global financial system. But European shares were set for a tepid start, with ...
Read moreGreenback Falls on Fed's Quantitative Easing Tue, Nov 25 2008, 23:56 GMT by Hans Nilsson CMS Forex Greenback Falls on Fed’s Quantitative Easing The dollar traded mostly lower on Tuesday. The European currencies and Canadian dollar gained for a ...
Read morePlease register to gain free access to WSJ tools. An account already exists for the email address entered. Retailers, already grappling with slowing sales, are hoping that Black Friday and this year’s holiday shopping season brings a much needed ...
Read moreOver the last few weeks, Afghanistan has been in the news again--unfortunately, for all the wrong reasons. The media pack has made a brief reappearance in Afghanistan to report on carefully staged "spontaneous" riots, which briefly erupted around the ...
Read moreRevenge of Uncovered Interest Rate Parity Sun, Oct 26 2008, 22:25 GMT by Hans Nilsson CMS Forex Revenge of Uncovered Interest Rate Parity The dollar, while falling versus the yen, gained against other key currencies Friday. The two major currencies ...
Read moreNov 27 - Short-Term Forex Technical Outlook: NZD/USD Nov 27 - Euro, British Pound Threaten US Dollar as Thin Liquidity Amplifies Risk Appetite (Euro Open) Nov 26 - Identifying Trades with DailyFX 11.27.08 Nov 26 - What Will Happen To The Dollar As ...
Read moreNov. 18 (Bloomberg) -- The yen gained against the euro for a third day as the prospect of a global recession prompted investors to sell higher-yielding assets and pay back low-cost loans in Japan's currency. Japan's currency also strengthened against ...
Read moreTOKYO : Fears of a deep global recession sparked sharp falls in Asian markets Friday after a Wall Street slide, as the International Monetary Fund warned that advanced economies would contract next year. The IMF called for government spending to ...
Read moreIt was a tale of two central banks in the FX market last week as an über-hawkish Jean Claude Trichet was followed by a decidedly dovish Ben Bernanke who stated that the Fed stood “ready to take substantive additional action as needed to support ...
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