Feb 29, 2012
WASHINGTON (Reuters) - The economy grew slightly faster than initially thought in the fourth quarter and a gauge of factory activity in the Midwest hit a 10 month-high in February, pointing to... ...
Bernanke warns of slow progress ahead on jobs
Feb 29, 2012
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Wednesday offered a tempered view of the U.S. economy, pouring cold water on the notion that recent upbeat signs herald a stronger... ...
USD/CHF Forms a Double Bottom Pattern; Key Resistance Cluster Near 0.9155
Feb 29, 2012
USD-strength is very prominent after Ben Bernanke's semi-annual Monetary Report to congress during the 2/29 trading day. While the EUR/USD forms a double top, we see a double bottom in the USD/CHF. While the short-term outlook went from bearish to bullish in a short period of time, the medium...
U.S. Fed’s Beige Book Suggests Overall Economic Activity Continued to Increase at a …
Feb 29, 2012
The Fed's Summary of Commentary on Current Economic Conditions, otherwise known as the Beige Book, compiled in preparation for the March 13, 2012 Federal Open Market Committee meeting again characterized economic activity as having "increased at a modest to moderate pace" in January and early February 2012 with all...
Fed’s Plosser warns on bond buys as "free" tool
Feb 29, 2012
NEW YORK (Reuters) - A top U.S. Federal Reserve official on Wednesday warned about using large-scale asset purchases, and the resulting expanded balance sheet, as a "free" tool that is used outside... ...