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Canadian dollar drops for second week

By Agency Reporter Monday, 22 Nov 2010 MONTREAL: Canada‘s dollar fell for a second week against its United States counterpart as the biggest five-day decrease in crude oil since August reduced demand for assets related to economic growth. According to a report by Bloomberg on Saturday, the loonie declined versus most […]

Treasury 10-year notes fall

By Agency Reporter Monday, 22 Nov 2010 NEW YORK: Treasury 10-year note yields posted the biggest two-week increase in almost a year as sentiment increased that the Federal Reserve will be successful in boosting economic growth and avoiding deflation, Bloomberg reported on Friday. The yield on the 10-year note increased 34 […]

Survey: Economic growth will be tepid through 2011

By CANDICE CHOI, AP Business Writer  NEW YORK – The pace of the U.S. economic recovery will remain steady but slow in the face of persistently high unemployment and heavy debt burdens, according to a new survey.   The National Association for Business Economics survey, set to be released Monday, found economists now expect growth of […]