The Australian dollar posted a significant decline this week and may extended its losses versus currencies like the U.S. and the Canadian dollar after policy makers affirmed that interest rates may not be hiked further in the short term, decreasing attractiveness for the Aussie dollar in currency markets.(…)Read the rest of Australian Dollar to Decline on Interest Rate Outlook (165 words)
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There is always a debate when home buyers have to decide on the merits of 15 or 30 year fixed mortgage rates. Paying the mortgage off early is important for many people that buy a home later in life. It may take some time to reach a decision as there are many things to contemplate. [...]
Posted in Forex | Tagged fixed, for, go, loan, mortgage, rate, should, you
Halloween parties boosted clothing sales in October when UK retail sales volumes grew at the fastest annual rate since the start of the recession. Read More UK retail sales grow at fastest rate since start of recession
Related PostUK manufacturing orders fall at fastest rate since 1992 says CBIAUD USD Ahead of Retail Sales [...]
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Over 2 Million American families have found themselves to be an unlikely statistic as foreclosure rates continue to skyrocket, even causing some lenders to fail. Fannie Mae and Freddie Mac needed a “bail-out” of themselves from the government. It’s getting bad with yet another wave of foreclosures set to begin in 2009.
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• Canadian Dollar Dives Despite Other Commodity Dollar Rallies as Economy Unexpectedly Loses 43,200 Jobs in October
• Euro Lags Following Cautious Comments from ECB’s Nowotny, Gonzalez-Paramo
• British Pound Gains Against Dollar as UK Producer Prices Rise for Eighth Month
Read More US Dollar, Japanese Yen Mixed as Surge in Unemployment Rate to 26Year High Sparks [...]
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