The Brazilian real declined today and may drop 8 percent by the end of the year as the unnecessary excessive government spending increased the inflation.(…)Read the rest of Will Brazilian Real Decline Even More? (73 words) Posted on Forex News. Read More Will Brazilian Real Decline Even More
Posted in FX News | Tagged brazilian, decline, even, more, real, will |
The euro rebounded against the U.S. dollar after Greece announced that it’s going to activate the rescue package, provided by the European Union and the International Monetary Fund, to deal with the nation’s budget shortage and pay its debts.(…)Read the rest of Euro Rebounds vs. Dollar, but Is This for Long? (71 words) Posted on Forex News. Read More Euro Rebounds vs Dollar, but Is This for [...]
Posted in FX News | Tagged but, dollar, euro, for, is, long, rebounds, this, vs |
The U.S. dollar rose today, leaving its Canadian counterpart below the parity level, after the government reported about the March increase in the sales of the new houses and the orders for the manufactured durable goods. (…)Read the rest of Signs of Economic Recovery in U.S. Support Dollar (99 words) Posted on Forex News. Read More Signs of Economic Recovery in US Support Dollar
Posted in FX News | Tagged dollar, economic, in, of, recovery, signs, support, us |
The Great Britain pound declined versus the euro after the report that the U.K. economy’s growth was lower by half compared to the pace of the expansion forecasted by the experts in the first three months of this year.(…)Read the rest of Pound Falls vs. Euro as Economy Expanded Less then Predicted (93 words) Posted on Forex News. Read More Pound Falls vs Euro as Economy Expanded Less then [...]
Posted in FX News | Tagged as, economy, euro, expanded, falls, less, pound, predicted, then, vs |
The Canadian dollar rose against its U.S. counterpart by the end of this week, erasing the previous losses, after Jim Flaherty, the Canada’s Minister of Finance, said about the possible $8 billion capital inflow into Canada after it was designated by China as the country where the China’s financial institutions can make the investments.(…)Read the rest of Loonie at Highest Level vs. Greenback since June 2008 (115 words) Posted [...]
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One of the biggest talking points in the financial world is the direction of Gold. The internet is awash with predictions of price, mostly based on some combination of inflation, money-printing excesses and Chinese demand. 6 Vote(s) Read More When Gold Fundamentals Dont Matter
Posted in FX News | Tagged dont, fundamentals, gold, matter, when |
Prime Minister George Papandreou told Greeks in a televised speech on Friday that the aid his government is seeking is a "national need? as the previous conservative government had left the country a "sinking ship.? 5 Vote(s) Read More Merkel says Greek aid depends on credible savings plan
Posted in FX News | Tagged aid, credible, depends, greek, merkel, on, plan, savings, says |
When it comes to jobs and the economy, not all solutions to California’s estimated $20 billion budget shortfall are equal. Most measures designed to reduce the deficit can be expected to depress the state’s economy even further in the short term, 5 Vote(s) Read More Deficit reduction isnt one size fits all
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The dollar slid against the euro on Friday as Greece requested a 35-billion-euro loan from the European Union and International Monetary Fund. 5 Vote(s) Read More USD down against euro
Posted in FX News | Tagged against, down, euro, usd |
Continues the weak euro, which fell to 1.1774 against the dollar. The positive news from U.S. macroeconomic front arrived yesterday afternoon, have given back a bit ‘strength to the greenback, although some investment banks think that the euro wi 5 Vote(s) Read More Redemption of the dollar, euro 11770
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