Search Results for 'Obama'

Sen. Majority Leader Reid Links Obama Jobs Package to Action...

Is this the season (or year) that the U.S. finally moves the correct levers to get China to a adopt a more reasonable currency policy? It will be, if Senate Majority Leader Harry Reid, D-Nev., gets his way. Reid has underscored that he [...]

Posted On : Sep, 29 2011 | Comments : 0

Aussie and NZ dollars softer ahead of Obama, China

The Australian and New Zealand dollars are sitting lower on Friday as investors turn risk wary after the European Central Bank signaled a pause in rate tightening and the Federal Reserve head gave no details on how he might support for th [...]

Posted On : Sep, 12 2011 | Comments : 0

Obama says China's yuan move a constructive step

"China's decision to increase the flexibility of its exchange rate is a constructive step that can help safeguard the recovery and contribute to a more balanced global economy," Obama said in a statement. Beijing said earli [...]

Posted On : Jun, 21 2010 | Comments : 0

Yen Climbs as Obama Bank Plan, China Outlook Deter Risk Dema...

The yen rallied against all of its major counterparts for a second week as President Barack Obama’s proposal to rein in banks and China’s possible increase in interest rates discouraged demand for higher-yielding assets. The [...]

Posted On : Jan, 23 2010 | Comments : 0

Obama may have to play the Nixon card with China in 2011

President Barack Obama proposed additional stimulus measures last week to boost the bumpy recovery in the United States, while China reported several indicators showing the positive impact of its own huge stimulus program. By 2011, one y [...]

Posted On : Dec, 14 2009 | Comments : 0

Currency rift with China casts shadow on Obama's trade hopes...

Increasing global frustration over China's currency waffling threatens to overshadow U.S. President Barack Obama's trade agenda as his first presidential visit to Asia gets under way. After failing to win an agreement on easing currency c [...]

Posted On : Nov, 16 2009 | Comments : 0

Dollar Heads for Weekly Gain as Obamas Plans May Not Be Enou...

The dollar headed for a weekly gain against the euro and British pound on speculation U.S. efforts to stimulate the economy won’t be enough to avoid a prolonged recession, spurring demand for the relative safety of Treasuries. The ye [...]