USD/JPY:Japan’s Intractable Fiscal Woes Sink the Yen

The Japanese yen plummeted by 87 pips as opposed to the American dollar in yesterday’s Asian session, its weakest level in seven days on prospects upcoming elections in Japan will hand power to the opposition party that has advocated more aggressive monetary easing.

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USD/CHF: Consumer Spending and Housing Stats Improve Sentiment

The US dollar is presumed to gain opposite the Swiss franc today on increasing signs that the US economy is gaining steam to conclude the year. Yesterday, the

AUD/USD: Consumer Spending and Housing Stats Improve Sentiment

The US dollar is presumed to gain opposite the Swiss franc today on increasing signs that the US economy is gaining steam to conclude the year. Yesterday, the

Economics Weekly by Lloyds TSB

It is a busy week for data in the US, which should provide some important clues about the pace of the overall economic contraction in the first quarter

Economics Weekly by Lloyds TSB

It is a busy week for data in the US, which should provide some important clues about the pace of the overall economic contraction in the first quarter

Light at the End of the Tunnel or an Oncoming Freight Train?

With regard to the economy, we believe there are faint signs of light at the end of the tunnel. Real consumer spending increased by 0.4% in January (and