NULL NULL, Author at TraderPlanet

May’s weak jobs report was “disappointing” but doesn’t substantially alter the economic outlook for 2012

AUDUSD: Australia’s central bank cut interest rates 25 basis points Tuesday to buttress the country’s A$1.4 trillion economy against growing signs of deterioration in the global growth outlook. The cut, which was...

Can European countries can resolve the euro crisis that has caused turmoil on the financial markets?

Forex

AUDUSD: Australia on Monday launched a campaign to lure more tourists from China as it seeks to boost the industry that has suffered from the strong Australian dollar. Total inbound tourism is worth around 30 billion Australian...

Euro depreciates further below $1.25, hits weakest versus yen since January

Forex

AUDUSD: The Australian dollar was weaker Wednesday on news of weaker-than-expected retail sales in April, which stoked expectations of a cut in interest rates next Tuesday. Retail sales fell 0.2% to a seasonally adjusted A$21.2...