| Calls to cut cash rate misguided Calls for the Reserve Bank to cut the official cash rate in hopes of bringing the exchange rate down are misguided, a Westpac economist says.Lowering the OCR might not reduce the exchange rate and could make the economy's structural... nzherald.co.nz |
Canadian Dollar will respond to Friday's NFPs and its Own Employment Data (Daily FX) The Canadian economy is heavily influenced by the health of its largest trade partner ; but domestic factors are ultimately more influential. This creates an interesting situation for Friday. us.rd.yahoo.com |
Oil briefly above $80 as earnings beat forecasts (AP) Oil futures on Tuesday briefly topped $80 a barrel for the first time in a year before pulling back on a strengthening dollar. us.rd.yahoo.com |
The TJX Companies, Inc. Reports Record Third Quarter FY10 Results; Raises Fourth Quarter and Full Year Guidance (Business Wire) FRAMINGHAM, Mass.----The TJX Companies, Inc. , the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced record sales and earnings results for the third quarter ended October 31, 2009. us.rd.yahoo.com |
NKorea bans foreign currencies in market clampdown (AP) North Korea has banned the use of foreign currency, another sign its hard-line communist government is intent on reasserting control over the country's nascent market economy. us.rd.yahoo.com |