California Job Cuts: California Cuts 20,000 State Jobs
People living in California have very few reasons to smile after the formal announcement made by the Office of the Governor that almost 20,000 state workers will be eliminated from the state’s job...
View ArticleUS Unemployment Charts and Statistics
Is This Unemployment Graph Real? Unemployment Rate: Seasonal Labor force status: Unemployment rate Type of data: Percent Age:...
View ArticleHow Will the Dollar React to the G20?
The dollar slid quickly in overnight trading as investors awaited today’s decisions from the Federal Reserve and the upcoming G20 summit in Pittsburgh. Meanwhile, equity markets surged and oil edged...
View ArticleDecisive Leadership Lacking At the G20
Later today the G20 officially convenes but indications are that momentum on three key fronts is conflicted. At a time when give-and-take progress is necessary, the world’s economic leaders seem...
View ArticleHas Growth Returned to US Economy?
On Wednesday, the U.S. Federal Reserve said that growth had returned to the U.S. economy. With congressional leaders and the Obama Administration locked in heated debates regarding health care and the...
View ArticleIs The U.S. Dollar Under Attack?
Britain’s newspaper, The Independent, reported on Tuesday that Gulf Arab states, Japan, Russia, China and France were negotiating behind the scenes to replace the U.S. dollar with a basket of...
View ArticleThe Light Euro Weighs Heavily On Some – Works For Others
Recently White House Financial Adviser, Paul Volcker, addressed the London School of Economics with two significant points about the euro. His first point was that although he originally thought the...
View ArticleGerman Ban Creates Euro Downdraft
On Monday, German Finance Minister Wolfgang Schaeuble made a telling statement about the fate of the EU and the proposed 750 billion euro bailout package. “We must overcome the causes of the crisis....
View ArticleEuro Falls Further
Fear of further weakness in Greece, Spain and Italy drove the euro to levels close to parity against the dollar as many investors moved to the sidelines while gold pressed the 1200 mark as a safety...
View ArticleAbout Trading Forex Pairs
If you are an individual Forex investor, your success will depend upon your ability to read how giant Forex traders will interpret a host of factors that affect the demand for a specific currency...
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