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Yen Continues Falling as Nikkei Closes at Three Month High

The Japanese yen is weaker across the board as the Nikkei stock index hit a three-month high on Monday.The move comes as the Japanese Nikkei picked up another 1.24% on Monday, bringing the index to 8857.93 - its highest close since Jan. 8.On Monday, Japanese Finance Minister Kaoru Yosano said Prime Minister Taro Aso wants his new stimulus package to be in excess of 2% of GDP. He also said the package would be unveiled on April

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BOE's King Says Stimulus, Banks Should be Focus of G20

Bank of England Governor Mervyn King said Tuesday that the focus of the upcoming G20 meetings in London should be fixing the banking system and providing significant stimulus to combat the economic downturn.The immediate need is to deal with the extraordinarily steep and simultaneous downturn in so many economies around the world, and to stabilize the banking system in those countries where it has failed, King said in his prepared remarks. That should be the main priority

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BOE's Blanchflower Supports Calls for Further Fiscal Stimulus Measures

Frankfurt - Bank of England Monetary Policy Committee member David Blanchflower supports calls for further stimulus measures and said that rising unemployment will be the next big problem for the economy.Those leaders pushing for a substantial fiscal stimulus are right, Blanchflower wrote in the UK newspaper Daily Telegraph. The central banker also commented on the growing number of jobless in the UK, saying that we have yet to feel the full pain of rising unemployment.This will be the

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Conversor Dólar de Zimbabwe / Krona de sueco (ZIMBABWE / SWEDEN)

Conversor Dólar de Zimbabwe / Krona de sueco permite-lhe converter a moeda da ZIMBABWE em SWEDEN baseado na taxa de câmbio.

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Yen Rallies as Japan Set to Announce More Stimulus; Equities Slide

The Japanese yen is stronger against majors on Wednesday after the government said it was examining a 15 trillion ($150 billion) stimulus package following a global slide in equities.The Japanese government is looking at adding another ¥15 trillion ($150 billion) in its next round of efforts to stimulate the economy. According to a report from Kyodo News on Wednesday, the package would represent roughly 3.0% of the country's GDP and would bring total stimulus spending to ¥25

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Yen Moves Lower Following News of More Stimulus; Downbeat Data

The Japanese yen is weaker on Tuesday as the government prepares to unveil details of a new stimulus package, and following some downbeat economic data for the region.On Tuesday, Japanese Finance Minister Taro Aso confirmed that his government is crafting another stimulus package to stimulate the economy, but said its size has not yet been decided.Also on Tuesday, Japanese Finance Minister Kaoru Yosano said the government would consider the purchase of exchange-traded funds only under extraordinary cases.The

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Fed's Lacker Expects Tentative Recovery By Year-End

The U.S. economy should begin to recover sometime near the end of the year, but given the high degree of uncertainty surrounding the United States, the timing of a rebound is difficult to predict, said Richmond Fed President Jeffrey Lacker in an interview with CNBC on Thursday.While the central banker agreed that the U.S. government's fiscal stimulus might help the economic situation at the margin, he reaffirmed his confidence in monetary stimulus and the extraordinary Fed actions

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October 8th - Bank Of Japan Monthly Economic Survey, Brc Shop Price Index, Industrial Production

Hello,We have some events today in the forex calendar. 05:00 GMT: Bank of Japan Monthly Economic Survey. The BoJ Monthly Economic Survey released by the Bank of Japan presents a study of economic movements in Japan. It reviews economic developments inside and outside of Japan and indicate a sign of new fiscal policy.. Any changes in this report ten

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La Chambre des représentants des États-Unis approuve le plan de stimuli fiscaux de 819 milliards $ d’Obama

Le plan touche entre autres l’aide sociale, les « food stamps », les prestations d’assurance chômage et les agences communautaires. De plus, 40 milliards $ iront vers les soins de santé, 43 milliards $, aux projets d’infrastructure publique pour créer des emplois et 41 milliards $, vers des bourses pour les districts scolaires.Des milliards de plus iront vers des projets de recherche en énergie renouvelable.Quelques heures avant le vote, Obama demandait à la Chambre de passer le projet de loi.«

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Obama espère atteindre un consensus sur le forfait de stimuli d’ici la mi-février

Disant de la crise courante qu’il s’agit de la plus sévère en une génération, Obama s’est réuni avec les chefs Démocrates et Républicains à la Maison-Blanche pour trouver un consensus biparti.La présidente de la Chambre des représentants Nancy Pelosi, une des neuf chefs aux réunions, dit qu’elle présentera le projet de loi à la Chambre d’ici mercredi prochain.« Le président nous a demandé d’agir de manière prompte et vive. C’est ce que nous faisons, » dit Pelosi à des reporters,

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