Archive for May, 2008

How Forex Trading Can Help You In Bad Economic Conditions

During bad economic times it seems like there is nothing that can help you get through it. Read here how forex trading can easily get you through a tough time into prosperity.

Originally from Finance: Currency Trading Articles from EzineArticles.com on May 30, 2008, 7:15am

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US Chicago PMI Unexpectedly Inches Higher, Yet Still Signals Contraction

Business conditions on the Chicago area improved more than expected during the month of May as PMI edged up to 49.1 from 48.3. A breakdown of index shows a surge in the prices paid component, as rocketing commodity prices are undoubtly pushing input costs higher. Given the pick up we’ve…

Originally from Forex Fundamental Analysis Reports (ActionForex.com) on May 30, 2008, 1:21am

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U.S. Personal Income and Spending were Largely as Expeted in April

The U.S. personal income and spending data was basically in line with expectations in April. Personal income was up 0.2% M/M, after rising 0.4% M/M in March. This is not particularly surprising since there was a 0.9% fall in hours worked and the smallest monthly increase in average hourly earnings…

Originally from Forex Fundamental Analysis Reports (ActionForex.com) on May 30, 2008, 1:27am

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US Chicago PMI Unexpectedly Inches Higher, Yet Still Signals Contraction

Business conditions on the Chicago area improved more than expected during the month of May as PMI edged up to 49.1 from 48.3. A breakdown of index shows…

Originally from Currency Trading News by DailyFX on May 30, 2008, 10:47am

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US Reuters/U. Michigan Consumer Sentiment Index drops to 28 year low in May

FXstreet.com (Barcelona) Consumer confidence has collapsed in May to its lowest level since 1980 in the United Stated, weighed by food and fuel prices, shrinking employment and falling home prices, according to the latest consumer sentiment report due by Reuters and the University of Michigan.

The index of consumer confidence has fell to 59.8 in May from 62.6 in April and well below the 88.3 posted in May 2007. The index consumer expectations decreased to 51.5 in May from 53.3 in April and significantly below the 77.6 recorded in May 2007.

Current index was dropped, also, to 73.3 in May from 77.0 data posted in April.

Richard Curtin, the Reuters/University of Michigan Surveys of Consumers’ Director, says that consumers are painfull aware that their living standards are shrinking under the weight of higher food and fuel prices.

Originally from FXstreet.com: Latest News on May 30, 2008, 2:15pm

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Canada’s Economy Contracts in First Quarter

Canada’s economy contracted at a 0.3% annual rate in the first quarter, much weaker than the expected 0.4% rise, for the first decline since the second quarter of 2003. Real GDP for March, with a 0.2% drop, was also weaker than expected.

Originally from Forex Fundamental Analysis Reports (ActionForex.com) on May 30, 2008, 12:54am

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U.S. Personal Spending Rises in Line with Expectations

Personal consumer expenditure (PCE) rose 0.2% in April in line with market expectations. This represented a slowing in growth from the 0.4% gain seen in March. Personal income rose 0.2%, a touch faster than market expectations, although down from the 0.4% gain in March. The modest overall gain in personal…

Originally from Forex Fundamental Analysis Reports (ActionForex.com) on May 30, 2008, 12:56am

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Economic Calendar: 06-Jun-08 10:00 ET

06-Jun-08 10:00 ET Wholesale Inventories For Briefing.com

Originally from Briefing.com - Calendars on May 30, 2008, 7:04am

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US May Chicago PMI increase to 49.1, yet on negative field

FXstreet.com (Barcelona) For more information, read our latest forex news.

Originally from FXstreet.com: Latest News on May 30, 2008, 1:50pm

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US May Reuters/Michigan Consumer Sentiment Index decreases to 59.8, the lowest since 1980

FXstreet.com (Barcelona) For more information, read our latest forex news.

Originally from FXstreet.com: Latest News on May 30, 2008, 1:58pm

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