December 16, 2007

FOREX-Dollar rises sharply on consumer inflation data

FOREX-Dollar rises sharply on consumer inflation data
Reuters - NEW YORK, Dec 14 (Reuters) - The dollar rose on Friday, posting its largest daily increase against the euro in more than three years, after strong U.S. consumer price data trimmed expectations of aggressive rate cuts from the Federal Reserve. The

Russian markets -- Factors to Watch on Dec 14
Reuters - Russia's EconMin ups '07 GDP growth f'cast [ID:nL13875152] Russian gold/forex reserves fall to $461.2 bln [ID:nMSK000221] Russian PM says Kudrin lost 1 billion roubles [ID:nL13196949] Russia intrigue follows Putin to Belarus [ID

TFN NEWS BRIEFING: Macroeconomics highlights to 10:10 GMT
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Forex - Dollar consolidates strong gains as US inflation surprises on
Forbes - LONDON (Thomson Financial) - The dollar extended a strong morning rally after CPI inflation figures for the US came in above expectations, confirming Federal Reserve hesitations to cut rates too aggressively because of price pressures. US CPI rose a

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