The dollar ended another week gaining versus the euro and the pound as the economic conditions in North America remain far more attractive than in the other side of the Atlantic, increasing the number of traders who are switching their investments from Europe towards the United States.(…)Read the rest of Dollar Post Record Advance Versus Euro on Fed Tone (144 words) Posted on Forex News. Read More Dollar Post [...]
Posted in FX News | Tagged advance, dollar, euro, fed, on, post, record, tone, versus |
UK businesses have yet to realise that life will not “return to pre-recession normality,” a new survey shows. Read More UK businesses blinkered on state of the economy after the recession
Posted in FX News | Tagged after, blinkered, businesses, economy, of, on, recession, state, the, uk |
The outlook for the European currency is perhaps the worst since its introduction in 1999, as disparities among Eurozone members’ financial structure is likely to decline the appeal for the currency even further, since measures to bring budget deficits to the ECB’s target are likely to set several countries into a longer recession.(…)Read the rest of Euro to Plunge Deeper on Fiscal Crisis Consequences (138 words) Posted on Forex News. [...]
Posted in FX News | Tagged consequences, crisis, deeper, euro, fiscal, on, plunge, to |
The Canadian currency didn’t manage to continue its last week rally as stocks and commodities markets had a less optimistic performance this Monday, setting the loonie down versus its U.S. counterpart and the Japanese yen.(…)Read the rest of Loonie Starts Week Bearish on Copper, Stocks (77 words) Posted on Forex News. Read More Loonie Starts Week Bearish on Copper, Stocks
Posted in FX News | Tagged bearish, copper, loonie, on, starts, stocks, week |
The Polish currency started another week gaining versus the euro as the economic recovery in the country and in other regions around the world, specially in North America, is making traders to bet in the zloty regionally, considering the Eurozone current crisis.(…)Read the rest of Polish Zloty Hits 2010 Record High Versus Weakened Euro (67 words) Posted on Forex News. Read More Polish Zloty Hits 2010 Record High Versus [...]
Posted in FX News | Tagged 2010, euro, high, hits, polish, record, versus, weakened, zloty |
The Australian dollar is profiting from speculations that a new series of interest rate hikes is likely to follow in the South Pacific nation, as its economy continues to improve, allowing the currency to gain versus its main rivals on foreign-exchange markets.(…)Read the rest of Aussie Dollar at High Levels on Rates Outlook (159 words) Posted on Forex News. Read More Aussie Dollar at High Levels [...]
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Lord Mandelson, the Business Secretary, said on Monday he expected no more surprises this year on public borrowing. Read More Lord Mandelson says budget deficit will stay within forecasts in 2010
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Gold climbed to a one-month high on speculation the withdrawal of government spending programs will erode the value of the dollar, reviving demand for the precious metal as an alternative investment. 7 Vote(s) Read More Gold Rises to OneMonth High as Dollars Drop
Posted in FX News | Tagged as, dollars, drop, gold, high, onemonth, rises, to |
The dollar was slightly lower against most rivals in Monday’s Asian trading, but remained in recent ranges as investors awaited clues this week for the timing of future U.S. interest rate hikes. 7 Vote(s) Read More Dollar edges down vs rivals in Asian trading
Posted in FX News | Tagged asian, dollar, down, edges, in, rivals, trading, vs |
Federal Reserve Chairman Ben S. Bernanke may be in favor of a do-nothing Congress when it comes to his fight over audits of monetary policy. 7 Vote(s) Read More Gridlock Is Good for Bernanke Dollar in Fight Over Rate
Posted in FX News | Tagged bernanke, dollar, fight, for, good, gridlock, in, is, over, rate |
