Reuters – President Barack Obama, striking a hopeful note in a year-end weekly address, hailed foreign policy milestones while keeping pressure on Congress to further extend payroll tax cuts through the end of 2012.
Reuters – The euro could become the world’s leading currency in the next decade if leaders of the single-currency bloc succeed in tightening fiscal integration, European Central Bank policymaker Christian Noyer said in an article to be published in the…
Reuters – Washington will be the first state to require a minimum wage of more than $9 an hour when it joins seven other states on Sunday in automatically adjusting salaries to keep up with inflation.
Reuters – Switzerland and the United States need more time to negotiate a tax deal, Swiss finance minister Eveline Widmer-Schlumpf told Swiss radio on Saturday, as the United States pushes for it to supply information on bank clients who are alleged to…
Reuters – The United States has signed a $3.5 billion sale of an advanced antimissile interception system to the United Arab Emirates, part of an accelerating military buildup of its friends and allies near Iran.
AP – College students clash with administrators over steeply rising tuition. Public employees shut down statehouses amid cuts to pay and retirement benefits. Teachers and social welfare advocates protest budget cuts. Lawmakers struggle to cope with sha…
Reuters – China’s central bank governor argued in comments published on Saturday that Beijing does not control the yuan’s flow across borders as tightly as some think and that it is natural for the currency’s trading band to be widened over time.
Happy New Year, from everyone here at The Crude Oil Trader!We hope this week’s price action didn’t catch you off guard? It was profitable but you really had to be on the ball to pocket the gains…..Anyways, we just wanted to wish you a New Year and t…
Reuters – Boeing Co beat out Lockheed Martin to retain its position as the prime contractor for the U.S. long-range missile shield, the Pentagon said on Friday.
Know What to Look For
Before developing a ‘trading the news’ strategy, market participants should become familiar with the event risks that heavily impact the currency market. During normal market conditions, shifts in gov…
