Britain’s ‘friendless’ pound will fall further, analysts said on Wednesday, after three of the Bank of England’s rate-setting panel, including Sir Mervyn King, voted for more money printing. Read More Britains friendless pound could fall further as Bank mulls more QE
Posted in FX News | Tagged as, bank, britains, could, fall, friendless, further, more, mulls, pound, qe |
Like a condemned man, the British government awaits the sentence. It’s ceased to be a question of whether we’ll lose our AAA rating, but when. Read More Losing our AAA rating could mean bank collapse and deflation
Posted in FX News | Tagged aaa, and, bank, collapse, could, deflation, losing, mean, our, rating |
As European markets closed on Friday EURUSD surged to close to 1.37 versus the dollar and close to 127.00 versus the yen, the highest level since November 2011. There were a few drivers for the move higher in the euro last week: 1, strong stock markets, which boosted trader sentiment Read More Could the Eurozone [...]
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As many Western countries start thinking about how they can borrow more at a lower cost, it might be possible that these governments turn to so-called “panda” bonds. China is looking to the future, and that means that the future might mean borrowing in yuan. (…)Read the rest of Could Western Governments Be Considering Borrowing in Yuan? (129 words) Posted on Forex News. Read [...]
Posted in FX News | Tagged be, borrowing, considering, could, governments, in, western, yuan |
So here we are, at the turn of the year, with the global economy tottering on the edge of America’s fiscal cliff. Read More Keynes great idea could lead us all over the edge
Posted in FX News | Tagged all, could, edge, great, idea, keynes, lead, over, the, us |
Moody’s has warned that France could be downgraded further if the Socialist government fails to implement announced reforms, after stripping the country of its prized ‘AAA’ credit rating. Read More Debt crisis France could be downgraded further live
Posted in FX News | Tagged be, could, crisis, debt, downgraded, france, further, live |
Sentiment has picked up as we start a fresh week. EURUSD is back above 1.2750 and USDJPY reached a 7-month high earlier in the Asia session after touching 81.60. Stocks in Europe are higher and US futures are pointing to a strong open to US markets later today. Read More EURUSD and SPX 500 Could [...]
Posted in FX News | Tagged 500, and, be, big, could, eurusd, in, movers, near, spx, term, the |
Creating a self-sustaining recovery in Britain could cost as little as the revenue that the Government hoped to raise from its controversial pasty tax, according to the director of a respected think tank. Read More Pasty tax could pay for British recovery, says NIESR
Posted in FX News | Tagged british, could, for, niesr, pasty, pay, recovery, says, tax |
America could become addicted to loose monetary policy, with an extended period of QE3 leading to excessive risk-taking by some investors, policymakers at the Federal Reserve have warned. Read More QE3 could lead to excessive risk taking, Fed minutes show
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America could begin to resemble Greece before the turn of the decade if it does not cut spending and raise taxes to tackle its debt, according to Bill Gross, the head of the world’s largest bond fund. Read More PIMCO America could resemble Greece before 2020
Posted in FX News | Tagged 2020, america, before, could, greece, pimco, resemble |