Posts Tagged ‘help’
What started out his morning as an orderly market became anything but as the ECB announced that further Dollar liquidy measures have been put in place in coordination with the US Fed. This is going to help European banks that some thought may be facing a liquidity crisis as now there are more Dollars available [...]
NEW YORK (CNNMoney) — States and companies may get a little more help from Washington D.C. in dealing with high unemployment costs — at least for the next two years.
The Obama administration is proposing waiving interest payments for two years on the $42.3 billion states have borrowed from the federal government to cover unemployment benefits. [...]
FreeWeek of Elliott Wave International’s Currency Specialty Service is here thru Nov. 18
By Elliott Wave International
On November 1, the EUR/USD — the euro-dollar exchange rate and the most actively-traded forex pair — was trading the $1.38 [...]
EUR/USD firms bit more, presently at 1.2535.
Euro zone cannot allow a country to default
“Rift between ECB and Germany widening” is not a plus for the euro…
The ECB and EU are getting a shout-out from Chicago Fed President Evans. Evans says that the European rescue package is “very aggressive and forceful”.
The package should mitigate stress to the worldwide financial system, Evans says.
Rest easy over the weekend then, I guess…
EUR/USD sits doing little, presently at 1.3365.
