EUR/USD  1.2587 / 90 EUR/AUD  1.9903 / 07 AUD/USD  0.6324 / 28
USD/JPY  95.96 / 9 EUR/JPY  120.73 / 77 GBP/JPY  143.18 / 26
GBP/USD  1.4924 / 28 EUR/GBP  0.8435 / 39 USD/CAD  1.2676 / 81
USD/CHF  1.2227 / 32 EUR/CHF  1.5391 / 95 All forex charts and rates

Forex news - recent top stories



15:03,  12 July 2007
US May trade deficit up 2.3 pct to 60.0 bln usd as expected 
WASHINGTON (Thomson Financial) - The US trade deficit rose 2.3 pct in May to 60.0 bln usd as Americans imported more and more expensive oil and other commodities.Economists were looking for a 60.0 bln usd deficit, expecting imports to recover from their April slide.

12:49,  12 July 2007
Forex - Euro at all-time high against dollar following strong GDP data 
LONDON (Thomson Financial) - The euro continued to post fresh all-time highs against the dollar, supported by an unexpected upward revision to first quarter GDP growth and robust industrial production figures.

09:45,  12 July 2007
Forex - Euro at fresh all-time high against dollar after hawkish ECB bulletin 
LONDON (Thomson Financial) - The euro climbed to a fresh all-time high against the dollar after a hawkish European Central Bank monthly bulletin, amid ongoing concern about the US sub-prime mortgage market.


See also:       

• United States 

• USA & Canada 

• Government 

19:01, Monday, 04 September 2006

Bush warns on foreign oil dependence


PINEY POINT, Md. (AFX) - 0904dv--bush--economy

President Bush said Monday the economy is growing steadily and jobs are plentiful, but America must work harder to break its dependency on foreign oil. Making a Labor Day appearance at Maryland's Paul Hall Center for Training and Education, which offers vocational training to Seafarers International Union members, Bush said "dependence on foreign oil jeopardizes our ability to grow."

"Problem is, we get oil from some parts of the world and they simply don't like us," he said. "The more dependent we are on that type of energy, the less likely it will be that we are able to compete and so people can have good paying jobs."

Bush also said he is interested in new technology that advances that produce battery-operated cars and allows people to fuel their vehicles with ethanol, particularly in Farm Belt states. And he made a fresh push for greater development of nuclear energy.

"Nuclear power is safe and nuclear power is clean and nuclear power is renewable," the president said.

On trade, he said the United States must "continue opening markets to U.S. products."

"... My message to the world is this: just treat us as we treat you," Bush said. "I believe this country can compete anytime, anywhere, as long as the rules are fair."

Bush again called on Congress to make permanent a host of tax cuts, saying "I like it when people working for a living have more after-tax money in their pocket."

He said people in all walks of life should work hard to ensure that "our workers have the skills necessary to compete in the 21st Century."

Bush made a brief mention on the war and terrorism issue, thanking America's fighting men and women for their sacrifices and saying, "They may hear all the political discourse going on, but the people of this country -- the people of the United States of America -- stand squarely behind the men and women who wear our uniform."

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


 

Forex news - 04 September 2006
23:43 Judge declines Airbus' bid to axe lawyer
20:22 Bank of France sees 2006 growth closer to 2.5 pct than 2 pct UPDATE
07:40 Bush vows to keep workers competitive
18:44 Alcatel purchase of Lucent seems likely
18:28 Home sales rise on Kalamazoo promise
17:45 AFX European summary - late
17:42 EU says it has received revised Polish shipyard restructuring plans
19:01 Bush warns on foreign oil dependence
17:35 Forex - Yen stays firm but comes off earlier highs; euro, pound steady
16:50 IWH sees eastern German growth slowing to 0.5 pct in Q3 vs 0.7 pct in Q2
05:18 OUTLOOK European economic data scheduled for today, Sept 5
15:45 AFX NEWS BRIEFING: Macroeconomics highlights to 15:30 BST
15:27 Danish Central Bank Aug currency reserves 180.0 bln dkr, dn 2.2 bln vs July
15:06 Israel PM wants dialogue with Abbas
14:50 Slovakia Jan-Aug budget deficit widens slightly to 5.716 bln koruna
14:48 Forex - Yen continues to gain on strong Japan capex data, surge in equities
14:19 Metals - Copper rises on fears of further supply disruptions UPDATE
15:35 Qatar Airways plane lands in Beirut



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