America’s tepid interest in soccer has been set to boil several times over the decades, from Pele’s arrival in New York in 1975 to the U.S. women’s World Cup victory in 1999 to David Beckham signing with the L.A
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We like soccer, but we love hoops
For many, recovery means lower expectations
PROSPER, Texas – Advised by a Walgreens superior that a promotion was “very highly likely” if he transferred to the drugstore chain’s Dallas division, Chris Cummings uprooted his family and bought a spacious house in this hopefully named suburb.
Swiss Franc Drops After Aggressive Intervention by SNB
The Swiss franc experienced a decline against the euro because of the intervention by the Swiss National Bank, as the central bank was selling the currency after it reached the record high level.
One of the SNB Governing Board members said that the policy makers will stop a further excessive appreciation of the frank. That’s a stricter position compared to his statement on March 18th, when he stated that the bank is unable to purchase foreign currencies indefinitely. [...]
Chilean Peso Profits from Earthquake Damage
The Chilean peso gained, cutting its losing streak, which it experienced for three weeks, on speculation that the government and insurers may start selling dollars, to pay for fixing the damage caused by the earthquake with a magnitude of 8.8 magnitude.
The Chile’s government is required to pay more than $9 billion from $30 billion needed for the reconstruction, which it plans to raise by selling bonds in dollars and also by using its copper savings, totaling [...]
Pound’s Rally is Supported by Opinion Polls
The pound continues its rally versus the U.S. dollar, touching the highest level since March 22nd, as the survey showed that the Conservative party is leading against the opposing Labor party in the election, lowering a concern that the new government may be not strong enough to tame the budget deficit.
The U.K. currency fell earlier on concern that the parliamentary election, which is held this year, may result in a government without the majority [...]
Dollar Rebounds After Retreating on Signs of Global Recovery
The U.S. dollar rose slightly above the opening level after it dropped today to a lowest level in a week versus the euro as the pace of the global economic rebound increase, forcing down the demand from traders and investors for the U.S. currency as a safe haven and an investment asset, who are now more willing to part with the greenback and take a little more risk.
The renewed pace of the world economic recovery is proving to be dangerous to a performance of the greenback, [...]
Dollar Appeal Declines on Riskier Assets Outlook
The dollar continued to lose ground this Wednesday as appetite for risk remains predominant in trading markets worldwide this week, making investors to bet higher-yielding assets once and moving the dollar towards a weekly loss versus multiple currencies.
Several events during this week determined a reversal on the U.S. dollar charts as optimism increased significantly after positive reports were released in different economic regions around the globe, impacting negatively the demand for safer [...]