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  1. Sean Hyman's Avatar

    News in 60 Seconds: Aussie Prime Minister Rudd Resigns; Gets 1st Female PM.

    by
    Sean Hyman
    , 06-24-2010 at 09:42 AM (News in 60 Seconds)
    The Australian Prime Minister (Rudd) Resigns! DailyFX - Dollar, Yen Decline as Australian PM Resignation Lifts Stocks in Asian Trade

    (Reuters) - Australia appointed its first woman prime minister, Julia Gillard, who vowed on Thursday to end division over a controversial mining tax, resurrect a carbon trade scheme and call elections within months.

    Gillard’s ascension to the nation’s top job was welcomed by BHP Billiton Ltd., Rio Tinto Group and Fortescue Metals Group Ltd., which had led the fight against the 40 percent so-called super-profits tax. Melbourne-based BHP, the world’s biggest mining company, said in a statement it was “encouraged” by the appointment and will suspend its advertising against the ...
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  2. Sean Hyman's Avatar

    News in 60 Seconds: Gold reclaims the $1,200 level!

    by
    Sean Hyman
    , 05-26-2010 at 09:41 AM (News in 60 Seconds)
    Biggest % gainers: AUD/JPY up 0.58%, AUD/USD, AUD/CAD, AUD/NZD on mild AUD strength.

    Biggest % losers: EUR/AUD down 1.09%, GBP/AUD, EUR/NZD, EUR/CHF, EUR/CAD, EUR/USD on mild EUR weakness.

    Gold $1,211
    Oil $70.29 (still well below its uptrend line break around the $75-$76 level)

    U.S. National Debt tops $13 trillion (or about $117,975 per taxpayer)

    Last night Bernanke just spoke about the continued need for central bank independence.

    USD Core Durable Goods Orders m/m worse at -1.0% vs. 0.5% expected. Last time was revised much higher to 4.8% from 2.8% formerly.

    USD Durable Goods Orders m/m better at 2.9% vs. 1.4% expected. Last time was revised ...
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  3. Sean Hyman's Avatar

    News in 60 Seconds: Commodity dollar weakness & Yen strength abounds!

    by
    Sean Hyman
    , 10-28-2009 at 09:47 AM (News in 60 Seconds)
    Biggest % gainers: USD/CAD up 0.70%, EUR/CAD ...so mild CAD weakness today so far.

    Biggest % losers: AUD/JPY down 1.79%, AUD/USD, NZD/USD, AUD/CHF, GBP/JPY...so commodity dollar weakness and yen strength are the "themes of the day" so far.

    One one hand...

    Bill Gross says the dollar will fall to a new record as it is "over-owned": http://www.bloomberg.com/apps/news?p...d=awhtO.kjEFII

    On the other hand...

    Jim Rogers is weighing in, saying that "the dollar's rally will last for a while": http://www.bloomberg.com/apps/news?p...d=aTBRFmkEX1eA

    AUD CPI Q/Q came in better at 1.0% vs. 0.9% expected and ...
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