Search found 3 matches

by Benjamin
Mon Aug 06, 2012 12:32 pm
Forum: Boards
Topic: US Oil Imports Increased By 35%
Replies: 0
Views: 1723

US Oil Imports Increased By 35%

The Association of American Railroads reported that the number of rail tankers carrying crude oil and petroleum products in the United States increased more than 35 percent during the first six months of the year, compared to 2011. These numbers suggest in that there is an increased US demand for oi...
by Benjamin
Sun Jun 17, 2012 11:13 pm
Forum: Boards
Topic: Euro reaches one-month high on Greek vote results
Replies: 0
Views: 1319

Euro reaches one-month high on Greek vote results

The euro hit a one-month high against the U.S. dollar on Monday after Greek election projections showed parties committed to staying in the single currency were on course to secure a slim parliamentary majority. The euro rose to $1.2747 in early trade, from around $1.2655 late in New York on Friday....
by Benjamin
Thu May 31, 2012 11:07 am
Forum: Boards
Topic: SNB To Defend Floor, Measure Easing Economic Pressure
Replies: 0
Views: 1681

SNB To Defend Floor, Measure Easing Economic Pressure

Swiss National Bank Vice-President Jean-Pierre Danthine reiterated Thursday that while it will enforce its floor of 1.20 Swiss francs per euro with utmost determination, the measure is easing the deflationary and recessionary risks facing the country. "The minimum exchange rate has decreased the def...