DailyMarkets.com - Forex – NZD/USD Weekly Outlook: May 2-6
DailyMarkets.com - Forex – NZD/USD Weekly Outlook: May 2-6 |
- Forex – NZD/USD Weekly Outlook: May 2-6
- How Increasing Worker Productivity Has Led To The “Decline Of Manufacturing” As A Share Of U.S. GDP
- Forex – AUD/USD Weekly Outlook: May 2-6
- Forex – USD/CAD Weekly Outlook: May 2-6
- Forex – USD/CHF Weekly Outlook: May 2-6
| Forex – NZD/USD Weekly Outlook: May 2-6 Posted: 01 May 2011 06:55 AM PDT Forex Pros – Last week saw the New Zealand dollar jump to a three-year high against its U.S. counterpart amid expectations that the Federal Reserve will continue to keep interest rates low for the foreseeable future. <br /><br />NZD/USD hit 0.8107 on Friday, the pair’s highest since March 19, 2008; the pair subsequently consolidated at 0.8096 by close of trade, climbing 1.05% over the week. <br /><br />The pair was likely to find support at 0.7969, Thursday’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| How Increasing Worker Productivity Has Led To The “Decline Of Manufacturing” As A Share Of U.S. GDP Posted: 01 May 2011 06:33 AM PDT As a follow-up to Friday’s CD post about U.S. (and world) manufacturing’s declining share of GDP, here’s some perspective from Chicago Fed economist William Strauss, who explains how rising worker productivity (see chart above) has contributed to that trend: “In 1950, the manufacturing share of the U.S. economy amounted to 27% of nominal GDP, but by 2007 it had fallen to 12.1%. How did a sector that experienced growth at a faster pace than the overall economy become a smaller part of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Weekly Outlook: May 2-6 Posted: 01 May 2011 06:11 AM PDT Forex Pros – The Australian dollar advanced for a sixth week against its U.S. counterpart, extending a rally to a fresh all-time high after Federal Reserve Chairman Ben Bernanke indicated that the central bank had no timetable to hike interest rates.<br /><br />AUD/USD hit 1.0976 on Friday, the highest since it was floated in 1983; the pair subsequently consolidated at 1.0968 by close of trade, jumping 2.1% over the week.<br /><br />The pair was likely to find support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CAD Weekly Outlook: May 2-6 Posted: 01 May 2011 04:34 AM PDT Forex Pros – The Canadian dollar climbed against its U.S. counterpart for the second week, reaching a fresh multi-year high after Federal Reserve Chairman Ben Bernanke gave no indication that the U.S. central bank will move to tighten policy anytime soon.<br /><br />USD/CAD hit 0.9575 on Wednesday, the weekly high; the pair subsequently consolidated at 0.9447 by close of trade on Friday, tumbling 4.27% over the week.<br /><br />The pair is likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CHF Weekly Outlook: May 2-6 Posted: 01 May 2011 03:20 AM PDT Forex Pros – Last week saw the U.S. dollar tumble to a new all-time low against the Swiss franc amid expectations that the Federal Reserve will continue to keep interest rates low for some time to come.<br /><br />USD/CHF hit 0.8624 on Friday, the pair’s all-time low; the pair subsequently consolidated at 0.8650 by close of trade, tumbling 2.27% over the week.<br /><br />The pair is likely to find short-term support at 0.8600 and resistance at 0.8759, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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