Posts Tagged ‘republicans’

Washington & Loss of Risk Appetite Give Yen Eight Week Highs and USDJPY Bulls Headaches

by Christopher Lemieuxon October 8, 2013 2:33 am BST
The upward movement continues in the yen as it reaches eight week highs given the fiasco in the U.S. capital. The Japanese yen is acting as a safe haven as President Obama bumps heads with the Republicans in the GOP run House of Representatives on the debt limit and the Affordable Care Act, or simply […]

Oil falls near $108 on IEA downgrade

by on November 13, 2012 2:26 pm BST
The International Energy Agency, which advises industrialised nations on energy policy, issued a bearish report on Tuesday, showing improving supply, more limited increases in demand and rising global inventories.The IEA said Iran's production and exports had both rebounded in October, adding to growing global supply.Oil also came under pressure

FOREX-Dollar falls after Obama victory, fiscal cliff looms

by on November 7, 2012 9:16 am BST
Wed Nov 7, 2012 4:16am EST * Obama re-election dents dollar, lifts riskier currencies* Obama seen supportive of Federal Reserve's QE* But Congress still divided, raising worries over fiscal cliff* Greece parliament vote in focus for euroBy Jessica MortimerLONDON, Nov 7 (Reuters) - The dollar fell on Wednesday after U.S. President Barack

Lawmakers ask for review of energy subsidies

by on October 10, 2012 10:28 pm BST
Lawmakers want the GAO to try to determine what impact these subsidies, which relate to all forms of energy production and consumption, have on energy markets. “Despite the expansion and extension of federal support for energy technologies, there is not a thorough understanding of how such federal interventions and subsidies