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Forex News and Rumors

Pound Falls on Week Consumer Confidence

A report yesterday shows that consumer confidence in the UK has dropped to a 12-year low and fueling further speculation that the Bank of England could lower interest rates at a scheduled meeting tomorrow. More

European Markets Give Up Gains

European markets were down in morning trading in anticipation of a rough day on Wall Street as investors wait for an interest rate decision by the Federal Reserve and Friday’s Non-Farm Payroll Employment report.

See also.

Canadian Dollar Drops on Weaker Stocks and Political Questions

Weaker commodities and growing political turmoil that could see the recently-elected Conservative party defeated by a coalition government early next week, led Canada’s loonie to a 0.9 percent loss against the US dollar. More

US Auto Maker Plan Includes Sell-Offs and Employee Reductions

The three US auto makers revealed their plans to Congress yesterday in a bid to secure emergency financing. The plans included significant employee reductions, changes to benefits, and the selling-off of entire product divisions. More

Recent Articles

Posted by Scott Boyd at 4:04 pm EST, 11/06/2009
Posted by Scott Boyd at 3:58 pm EST, 11/06/2009
Posted by Scott Boyd at 12:17 pm EST, 11/06/2009

Forex Rumors »

Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 2:44 pm EST, 11/05/2009
Posted under at 9:44 am EST, 11/05/2009

Latest Articles

Posted by Scott Boyd at 4:04 pm EST, 11/06/2009
Posted by Scott Boyd at 3:58 pm EST, 11/06/2009
Posted by Scott Boyd at 12:17 pm EST, 11/06/2009
Forex Rates
Interest Rates

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November
6
Today’s Global
Market Events
7:00am

CAD
Employment Change
10.0k vs. 30.6k
CAD
Unemployment Rate
8.5% vs. 8.4%
8:30 am

USD
Non-Farm Employment Change
-173k vs. -263k
USD
Unemployment Rate
9.9% vs. 9.8%
USD
Average Hourly Earnings m/m
0.1% vs. 0.1%
9:45 am

USD
FOMC Member Evans Speaks
10:00 am

USD
Wholesale Inventories m/m
-0.9% vs. -1.3%
11:30 am

USD
FOMC Member Duke Speaks
3:00 pm

USD
Consumer Credit m/m
-9.9b vs. -12.0b