Oct 17, 2010

Your forexlive.com ENewsletter

Your forexlive.com ENewsletter

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Three’s a trend…

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A third member of Obama's economic team calls it quits to return to the Ivy League....

Trichet calls for putting euro zone in a fiscal straight-jacket

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Trichet's prescription for fiscal policy among the members of the eurozone? "[G]reater automaticity, accelerated timelines and reduced room for discretion in procedures." Keep the finance ministries on the straight and narrow and the ECB will not have to bend every rule ever written during the next downturn, seems to be his ...

Fed’s Evans fears a liquidity trap; wants aggressive action

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"If you reach the conclusion that we are in a liquidity trap, or even near a perilous liquidity trap, more accommodation is not data-dependent or a close call," the regional bank chief said in a speech in Boston today. He advocated targeting a path for the price level as a ...

Fed’s Evans: ‘Much More Policy Accom’dn Appropriate Today

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By Steven K. Beckner BOSTON (MNI) - Chicago Federal Reserve Bank President Charles Evans advocated "much more" monetary stimulus Saturday and said it's not even "a close call." Evans, who will be a voting member of the Fed's policymaking Federal Open ...

Fed’s Rosengren: Must act vigorously to counteract the risk of deflation,

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No sense pussy-footing around, the Boston dove says.

WSJ: Forex trading getting easier…

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Accessing the markets is getting easier...trading the markets is still as tough as ever...

Fed’s Rosengren: Boj Defl Experience Shows Gradl Resp Wrong

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By Steven K. Beckner BOSTON (MNI) - Boston Federal Reserve Bank President Eric Rosengren said Saturday that Japan's experience with combatting deflation shows that an "active," rather than "gradual" monetary policy response works best. Because deflation is "pernicious" and hard to ...

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