Posted on Mar 16, 2010 in Online Trading News
A group of 14 U.S. senators unveiled legislation Tuesday that seeks to increase pressure on China to let its currency to rise in value against the dollar, saying Chinese “currency manipulation” is hurting the U.S. economy.
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Posted on Mar 16, 2010 in Online Trading News
The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the U.S. economic recovery and ease high unemployment.
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Posted on Mar 16, 2010 in Online Trading News
Greece won some respite from financial market pressure Tuesday as ratings agency Standard & Poor’s took the country off credit watch for a possible downgrade — a day after eurozone governments laid out a vague blueprint for possible loans to help the indebted country.
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Posted on Mar 16, 2010 in Online Trading News
European stock markets rose Tuesday after the 16 countries that share the euro agreed to help Greece with loans, if needed, and a German investor sentiment survey fell less than expected.
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Posted on Mar 15, 2010 in Online Trading News
Oil prices extended losses below $80 a barrel Tuesday in Asia as investors eyed meetings of the U.S. central bank and OPEC for trading catalysts.
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