Eurozone leaders struggled to agree a Greek rescue deal last night after an EU-IMF report showed that Greece will almost certainly need an extra ?50bn (?42bn) in aid by the end of the decade. Read More Eurozone leaders battle to secure Greek deal
Posted in FX News | Tagged battle, deal, eurozone, greek, leaders, secure, to |
Britain’s business leaders are remarkably confident about the prospects for their companies this year despite fears of a double-dip recession. Read More Business leaders confident on 2012, says Institute of Directors
Posted in FX News | Tagged 2012, business, confident, directors, institute, leaders, of, on, says |
Eurozone officials agree a second ?130bn (?108bn) bail-out for Greece, averting a disorderly default in March, after persuading private investors to take greater losses on their debt and Athens to commit to deep cuts. Read More Debt crisis and Greek bailout deal live
Posted in FX News | Tagged and, bailout, crisis, deal, debt, greek, live |
US dollar is lower today, dropping as Forex traders look forward to a Greek bailout. The expectation is that eurozone leaders will come up with a way to get Greece the money it needs to avoid a messy default. Equities around the world rallied on the news, and the need for safe haven fell, bringing the US dollar down as well. (…)Read the rest of US Dollar Drops on Greek Bailout Hopes [...]
Posted in FX News | Tagged bailout, dollar, drops, greek, hopes, on, us |
George Osborne may be able to afford a tax giveaway of more than ?7bn in next month’s Budget and still meet his deficit reduction targets, after January’s public finances came in even better than expected. Read More UK public finances give Chancellor room for Budget giveaway
Posted in FX News | Tagged budget, chancellor, finances, for, give, giveaway, public, room, uk |
EUR/USD stands in a ever so slight bullish zone threatening a move up but this could change very fast in Asia on Monday. USD/CHF reluctance to play ball with risk fx has not gone unnoticed. Even while technical are mildly bullish, we expect this pair … 28 Vote(s) Read More FX Markets Analysis, Risk Trades [...]
Posted in FX News | Tagged analysis, elongate, fx, markets, risk, trades |
The index is useful in tracking economic growth and identifying potential inflation. The USD/CAD is currently trading 0.9938 slightly down, after the decision by the Chinese central bank to lower the ratio of funds that commercial banks must hold as … 42 Vote(s) Read More USD CAD Fundamental Analysis February 21, 2012, Forecast
Posted in FX News | Tagged 2012, 21, analysis, february, Forecast, fundamental, usdcad |
For workers in Shenzhen, a major manufacturing base for Foxconn, the increase raises monthly salaries to between 2200 yuan (AUD$325) and 2500 yuan. Previously, monthly salaries for Foxconn’s Shenzhen workers were at 1800 yuan. 33 Vote(s) Read More Foxconn to increase workers wages in China
Posted in FX News | Tagged china, foxconn, in, increase, to, wages, workers |
RBNZ inflation expectations data will set the scene today. Expectations have been drifting up, and it is crucial they fall. CURRENCY: The expected higher NZD open yesterday was duly delivered but attempts to make it through recent highs were very … 31 Vote(s) Read More Markets in risk mode
Posted in FX News | Tagged in, markets, mode, risk |
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your … 25 Vote(s) Read More NZD USD limited between 08380 08426
Posted in FX News | Tagged 0838008426, between, limited, nzdusd |
