News Source: The News Tribune
| about 1 month ago
Oil prices were essentially flat to end the week after Federal Reserve Chairman Ben Bernanke said this week that interest rates will have to be raised when the economy recovers in order to avoid inflation. It has been the weak dollar that has...
News Source: The Australian
| about 1 month ago
US stocks were higher today, led by IBM and a rallying tech sector, closing out a week to a new 2009 closing high for the Dow index. Alcoa and others helped fuel increasing optimism surrounding third-quarter earnings reports. On the two-year...
News Source: Channel NewsAsia
| about 1 month ago
The battered dollar found some breathing room Friday as Federal Reserve chairman Ben Bernanke's comments that US interest rates could be on the rise cooled some of the heavy selling of greenbacks. The euro dropped to 1.4727 dollars after 1.4791 late...
News Source: The Motley Fool
| about 1 month ago
What about the multitrillion overspending of next year and the year after that? Are you worried that the Federal Reserve's "teaser" rates to banks will come back to bite us? The U.S. government has attempted drastic fiscal and monetary solutions to...
News Source: Taiwan News
| about 1 month ago
The dollar rebounded against the euro and the yen in Asia yesterday after Federal Reserve chief Ben Bernanke said U.S...But the greenback was under pressure against some Asian currencies such as the South Korean won and the Singapore dollar,...
News Source: The Economic Times
| about 1 month ago
Snapping its strong five-day winning string, the rupee on Friday lost six paisa to close at 46.40/41, against the US currency on signs of the dollar recovery abroad. Forex dealers said a rise in dollar overseas following Federal Reserve chairman Ben...