Traders Brace for Possible Stagflation as Rates Rise Faster than Economic Growth
Traders Brace for Possible Stagflation as Rates Rise Faster than Economic Growth
The dollar moves higher against most of the major currencies after a drop in stocks stimulated demand for the safety of the world’s main reserve currency, and investors raised bets the Federal Reserve will increase interest rates by the end of the year after […]
The U.S Economy Sheds Much Less than Expected Jobs and Unemployment Peaks at 9.4 Percent!
The U.S Economy Sheds Much Less than Expected Jobs and Unemployment Peaks at 9.4 Percent!
Surprising indeed was the final revelation and the labor market had something else to say to all analysts and investors as the nonfarm payrolls testified that the recession is easing and the pace of layoffs has slowed as the worst has […]
Dollar Strengthens On Better Than Expected Jobs Data
Dollar Strengthens On Better Than Expected Jobs Data
Overall: In a reversal of what we have seen lately, positive economic news spurred traders to buy the dollar as better than expected non-farm payrolls led traders to speculate it would be the U.S. that leads the global economy out of the recession. The dollar strengthened against all […]