ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
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LaborTitle:
Job openings rise to 3.4 million in December
(Reuters) - The number of jobs waiting to be filled rose in December as employers tried to ramp up hiring in factories, retail and business services, the government said on Tuesday.
There were 3.4 million available jobs at the end of December, up from 3.1 million in November, according to the Labor Department's Job Openings and Labor Turnover Survey.
The number of jobs open in November was revised slightly downward from an initially reported 3.2 million.
Monthly job openings - unfilled, ...
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Bernanke repeats vow to shield U.S. from Europe fallout
(Reuters) - Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.
"We are in frequent contact with European authorities, and we will continue to monitor the situation closely and take every available step to protect the U.S. financial system and the economy," Bernanke said in remarks prepared for delivery to the Senate Budget Committee.
The Fed ...
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Free Daily Price Action Forex Trading Strategies & System
The Forex: Gold Rises As Fed Extends Its Plan To Keep Interest Rates Low
THE FOREX
In the forex market, American dollar gained again the euro after mixed economic data. According to Commerce Department data, bookings for long-lasting goods advanced 3% after rising 4.3% the prior month, this is the biggest back-to-back gains in almost a year. Figures from the Commerce Department showed Purchases of single-family properties decreased 2.2% from the prior month to a 307,000 annual pace. Latest ...
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Asian stocks drop as Greece failed to meet the deadline; focus remains on Europe
As Greece failed to meet Monday’s deadline and did not decided on the terms of a new bailout that will secure the 130 billion euro, the prospects of a default in March widened, which could threaten other euro zone countries. As conditions in Europe may be deteriorating, the outlook for the global recovery is worsening.
This is also making the outlook for the Asian economies gloomy and may lead to more cuts in profit forecasts by companies; thereby investors in Asia lost their appetite for risk ...
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Greece wrangling tempers market momentum; RBA holds rates
(Reuters) - Greek resistance to the strict conditions attached to a bailout fund on Tuesday sapped recent momentum in markets spurred by hopes the global economy is improving, and the euro fell on renewed fears of a messy debt default.
The Australian dollar leapt to a six-month high but stocks turned negative after the central bank held rates steady at a review when markets had positioned for a rate cut.
Opinions were divided over whether the wrangling over Greece's debt restructuring talks ...
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The Problem with Contemporary Education
Several of the ‘Capitalism in Crisis’ thinkers — even those who should have known better — thought the government needed to invest more money in education.
Kenneth Rogoff, for example, concludes that “improved education alone will not resolve the flaws inherent in today’s capitalism, but it essential first step down any path to a solution.”
Oh? We never quite figured out the connection. The problem in a nutshell is that developed countries have too much debt and not enough growth. And their ...
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Forex-Euro dips on delay in Greek debt deal approval
(Reuters) - The euro weakened against the dollar on Monday, after the failure of Greek coalition parties to approve the terms of a new bailout package rekindled worries about a chaotic default that could spread to other debt-ridden, euro zone countries.
A European Commission spokesman said Greece had already gone beyond the deadline for finalizing talks on the second financing package from the euro zone and the International Monetary Fund, and Athens needed urgently to take decisions.
Greece's ...
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Fed should raise rates in 2013, Bullard says
(Reuters) - The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that even if rates stay near zero for many years, U.S. economic output will not bounce back to pre-recession levels.
Last month the Fed said it was likely to keep interest rates exceptionally low through late 2014 to bolster a recovery that was moving too slowly.
St. Louis Fed President James Bullard said he disagreed with that decision, arguing that the housing collapse ...
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Greek uncertainty undermines euro, dollar firm
(Reuters) - The euro fell on Monday on mounting investor concern that Greek coalition parties had yet to sign off on the terms of a new bailout, keeping alive the risk of a messy default that could ensnare other countries such as Portugal.
Greece's coalition members must agree to painful terms of a new bailout worth 130 billion euros before euro zone finance ministers next meet, with a Greek government official denying that there was a deadline for the parties to respond to.
A spokesman of the ...
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