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Forex News and Rumors – Afternoon Update

Obama Could Face Opposition From Fellow Democrats Over Stimulus Plans

It appears that opposition is growing amongst Democratic lawmakers opposing the wide-spread economic measures proposed by President-elect Barack Obama to deal with the deep recession facing the country. With Obama pledging to move quickly once next week’s inauguration is out of the way, he may find members of his own party are amongst the first set of obstacles he will face. More

German Economy Shrinks in 4th Quarter

Rapidly declining export sales pushed Germany’s economy to shrink by nearly 2 percent in the fourth quarter of 2008. More

Nortel Files for Bankruptcy Protection

Nortel Networks Corp – North America’s largest supplier of telephone equipment – filed for bankruptcy protection in the U.S. and Canada earlier today. More

Recent Articles

Posted by Scott Boyd at 8:13 am EDT, 03/15/2010
Posted by Scott Boyd at 7:46 am EDT, 03/15/2010
Posted by Dean Popplewell at 6:13 am EDT, 03/15/2010

Forex Insights »

Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 10:00 am EST, 03/12/2010
Posted under EUR, GBP, CHF, JPY, AUD, CAD at 8:31 am EST, 03/12/2010

Latest Articles

Posted by Scott Boyd at 8:13 am EDT, 03/15/2010
Posted by Scott Boyd at 7:46 am EDT, 03/15/2010
Posted by Dean Popplewell at 6:13 am EDT, 03/15/2010
Forex Rates
Interest Rates

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March
15
Today’s Global
Market Events
7:30am

CAD
New Motor Vehicle Sales m/m
0.0% vs. 2.6%
USD
Empire State Manufacturing Index
20.3 vs. 24.9
8:00 am

USD
TIC Long-Term Purchases
37.9b vs. 63.3b
8:15 am

USD
Capacity Utilization Rate
72.7% vs. 72.6%
USD
Industrial Production m/m
0.1% vs. 0.9%
12:00 pm

USD
NAHB Housing Market Index
17 vs. 17
7:30 pm

AUD
Monetary Policy Meeting Minutes