moneyscience: MoneyScience Daily is out! http:/
moneyscience: RT @TandF_Economics RT @Routledge_BMA: New special issue from Business History - '2008 Crisis' in an Economic Hi... http:/
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US Dollar / Swiss Franc
HedgeFundLIVE.com – Just wanted to provide a Middle East update for all those interested. Libya – there are faint signs that the balance of power is starting to shift in the favor of rebel forces, aided by NATO airstrikes. The rebels scored an important victory in Misrata along w/other parts of the country. NYT Libya – [...]
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WASHINGTON (MarketWatch) — Jumping markedly for the second straight month, U.S. import prices shot up 2.2% in April, the Labor Department reported Tuesday, as fuel prices surged 6.7%. That’s above the 1.6% that economists polled by MarketWatch had anticipated and is the first time
import prices increased by more than 2% in consecutive months since June 2008. Export prices meanwhile rose 1.1%.
U.S. stock futures were slightly higher as China recorded a sharp widening of its trade surplus and Microsoft reportedly neared a deal to acquire Internet phone firm Skype Technologies.read more...
Forex Market Lacks Conviction
The US dollar is mostly firmer today, but the market lacks near-term conviction. After last Friday's unscheduled mini-EU summit, it seemed like key officials recognized that something more needs to be done for and with Greece, shy of asking it to leave …
The dollar remained mostly higher verus major rivals, with a euro rebound running out of steam amid ongoing turmoil for Greece.read more...