IEA warns on the increase in prices for raw materials

The International Energy Agency (IEA) today warned that the global recovery is in danger should pass stimulus provides the Federal Reserve – appointed by Nick QE2 - rising commodity prices. Eduardo Lopez, senior analyst of oil demand of IEA, stated that a weakness of the dollar from the "printing" Fed more money to facilitate credit refers to the United States, could lead to lower prices that those goods are traded in U.S. dollars.

"If commodity prices from arises even further, it could disrupt recovery," explains during a Conference at Singapour.QE2 could inflate prices in nominal terms due to inflation and could derail recovery.»

Source: Reuters

Filed under: Forex Round Up, USD, EUR, GBP, CHF, JPY, AUD, CAD.

Worry about EURO event unlikely U.S.

Ah, the Fed should now be progressive? What is a pair of billion or billion between friends? Apr risk remains in the game, somewhat complicated by the requirements of the end of the month. The market will be happier if they can close the store and get the launch planned for helicopter Ben. Swirling rumors were most asset classes to lose. Actions should dive where a fall in stimulus policies below expectations. American income must save even more. In this scenario, the dollar has to be overcome, but by how much? Instead trade volatility should be trading in Word

Unemployment claims fell within 3 months in the United States

The number of new claims for unemployment benefits fell to a minimum of three months for the week ending 23 October 434.000. It is the level below new credits within three months, while the total number of persons receiving unemployment benefits fell to a minimum of two years.

Dollar falls as investors consider the impact of monetary easing

Investors until this dollar ignite a 0.8 percent decrease from $ 1.3876 per euro at 8: 38 a.m. in New York, $ 1.3769 yesterday. Marked the end of three days straight as markets analyzed the potential impact of the Fed buying Treasury Treasury bonds and other assets in order to increase the liquidity of the financial system earnings decline.

Source: Bloomberg

Filed under: Forex Round Up, USD.

End of the month dollar is in love-fest

Decipher and understand the reasons for the change in the dollar is worth its weight in gold. There are so many plots and subplots to consider it. Yesterday, we had helicopter Ben undermined credibility. Supposedly, decision-makers have sent a survey asking senior Treasury that expectations of dealers and size affect more acquisitions of goods. Ben, you do not know how, or how apply additional quantitative easing in the market? Reminds me not step to follow him in battle. Now, with the market shows no sustainable concern yesterday

The United States economy grows 2% annualized rate

The u.s. Department of commerce, said the u.s. economy has grown at a rate 2% in the third quarter of the year annualized. The result following the increase of 1.7% in the previous quarter, but less than 3.7% growth recorded between January and March.

Source: BBC News

Filed under: Forex Round Up, USD.

EU decides to new rules on the budget

European Union has adopted new rules on budget designed to prevent another crisis debt and to protect the euro against devaluation. In the framework of the agreement will establish a permanent Fund in support of the euro in times of crisis, and the European Union will have additional powers of control over national budgets.

Source: BBC News

Filed under: Forex Round Up,-EUR