Euro falls below $1.32, hits lowest level in nearly a year

Posted by Forexsq 2 days ago (
img The euro fell below $1.32 for the first time in nearly a year Monday following Mario Draghi’s unexpected suggestion on Friday that more stimulus could be on the way for the euro zone.

The euro gapped lower against the dollar EURUSD, +0.01% during Asia’s trading session, but then held steady after the German Ifo survey reading showed business confidence declined more than expected in August.

S&P 500 Tops Record Level on Fed Bets Before Jackson Hole

Posted by Forexsq 6 days ago (
img U.S. stocks climbed, sending the Standard & Poor’s 500 Index above a closing record, as investors speculated the Federal Reserve will continue to support the economy as central bankers meet in Jackson Hole.

The S&P 500 added 0.1 percent to 1,988.94 at 9:34 a.m. in New York, above a closing high of 1,987.98 reached July 24.

“Markets are looking for some indication from Yellen as to what happ

Euro, bond yields dip as looser ECB policy eyed | Top Forex Brokers

Posted by Forexsq 1 day 17 hours ago (
img The euro hit its lowest level against the dollar in nearly a year and euro zone government bond yields fell to record lows on Tuesday on expectations the European Central... moreShare it now!

Russia's first McDonald's shut down

Posted by Forexsq 6 days ago (
img Russian officials have shut four McDonald's restaurants in Moscow, including the first to open in the city nearly 25 years ago at the end of the Cold War.

McDonald's (MCD) said the restaurants were closed Wednesday following a claim by Russia's federal consumer agency. Local media said the agency accused the company of "sanitary violations."

Yen Strengthens on Demand for Havens; Euro Touches 11-Month Low

Posted by Forexsq 1 day 17 hours ago (
img The yen strengthened versus most of its major counterparts as investors sought haven assets before the presidents of Russia and Ukraine meet today. The euro touched an 11-month low against the dollar.

The greenback fell for the first time in seven days against its Japanese peer as U.S. July durable goods orders excluding transportation fell. The euro weakened after European Central Bank Presid

Europe Stocks Rise as Data Signals Need for Stimulus

Posted by Forexsq 6 days ago (
img European stocks rose to the highest level this month as investors bet that a slowdown in euro-area manufacturing and services growth will increase pressure on the European Central Bank do more to support the recovery.

Raiffeisen Bank International AG (RBI) rallied the most since January 2012 after posting second-quarter net income that exceeded analysts’ projections. Nobel Biocare Holding AG a

U.S. Stock Futures Fluctuate After Record Amid Mergers

Posted by Forexsq 1 day 17 hours ago (
img U.S. stock futures fluctuated, with the Standard & Poor’s 500 Index near the 2,000 mark, amid corporate mergers as investors weighed data on durable-goods orders before a report on consumer confidence.

Tim Hortons Inc. jumped 13 percent after Burger King Worldwide Inc. agreed to acquire the company in a C$12.5 billion ($11.4 billion) cash-and-share deal. Premier Inc. rose 2.1 percent after pre

Family Dollar Rejects Dollar General Bid on Antitrust Issue

Posted by Forexsq 6 days ago (
img Family Dollar Stores Inc. (FDO) spurned a $9 billion offer from Dollar General Corp. in favor of a lower bid from Dollar Tree Inc. (DLTR), saying it was concerned the Dollar General deal wouldn’t be able to pass antitrust hurdles.

The board unanimously rejected the Dollar General proposal and reaffirmed last month’s pact to merge with Dollar Tree, according to a statement today from the Matthe

Orders for Durable Goods in U.S. Surge on Aircraft Demand

Posted by Forexsq 1 day 17 hours ago (
img Orders for U.S. durable goods jumped in July by the most on record as bookings surged for commercial aircraft. Demand for business equipment eased after the biggest gain in seven months.

Bookings for all goods meant to last at least three years rose 22.6 percent, the Commerce Department said today in Washington. A U.K. air show helped spark a 318 percent jump in plane orders, the most since Ja

Dollar flatlines ahead of Yellen, Draghi at Jackson Hole | Top Forex Brokers

Posted by Forexsq 5 days ago (
img The dollar was steady on Friday after its strongest weekly run since March and world stocks were near all-time highs as markets waited for steers from the Federal Reserve and... moreShare it now!

Burger King to Buy Tim Hortons for About $11.4 Billion

Posted by Forexsq 1 day 17 hours ago (
img Burger King Worldwide Inc. (BKW) agreed to acquire Tim Hortons Inc. for about C$12.5 billion ($11.4 billion) in a deal that creates the third-largest fast-food company and moves its headquarters to Canada.

Tim Hortons investors will receive C$65.50 in cash and 0.8025 a share of the combined entity for each share they own, the companies said in a statement today. The deal, which is backed in pa

How to protect your retirement from the next big crash

Posted by Forexsq 5 days ago (
img The market has been setting all-time highs — it's up almost 200% since the lows of March 2009. Over three-quarters, 77%, of companies reporting earnings beat estimates. We can look forward to the market rise that historically occurs after midterm elections.

I think we're on track to see 18,000 on the Dow Jones Industrial Average DJIA, -0.07%

While the market seems to be on a positive track,

Dollar falls against rivals after durable goods data

Posted by Forexsq 1 day 17 hours ago (
img The dollar traded slightly lower against the euro, yen and pound, but well within ranges for the day, after U.S. durable-goods data suggested businesses are still cautious about spending.

Orders for U.S. durable goods skyrocketed by a record 22.6% in July based on a surge in contracts for Boeing aircraft, but bookings actually fell for most other industries.

“It’s clear that this report was

Dollar Poised for Biggest Weekly Gain Since January

Posted by Forexsq 5 days ago (
img The dollar headed for its biggest weekly gain versus the euro in more than six months before Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi speak today in Jackson Hole, Wyoming.

The yen gained against most of its 16 major peers after A Russian aid convoy crossed the border into Ukraine, which said it hadn’t consented to the move, The U.S. currency retreated

IMF's Lagarde put under investigation in French fraud case | Top Forex Brokers

Posted by Forexsq 17 hours ago (
img International Monetary Fund chief Christine Lagarde has been placed under formal investigation by French magistrates for negligence in a political fraud affair dating from 2008 when she was finance minister,... moreShare it now!

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