Economists forecast decades of spending cuts and tax hikes if the national debt is to be brought under control. Read More Decades of cuts and tax rises ahead, economists forecast
Posted in FX News | Tagged ahead, and, cuts, decades, economists, Forecast, of, rises, tax
Top stories: house prices, Eurozone, Shanks’ update and BSkyB. Read More Business Bullet on UK house prices, Spains painful cuts, Shanks update and BSkyB
Posted in FX News | Tagged and, bskyb, bullet, business, cuts, house, on, painful, prices, shanks, spains, uk, update
Investor sentiment has received a welcome boost from China?s central bank. The People?s Bank of China has announced plans to lower the reserve ratio requirement by 50 bps from February 24, allowing banks in the country to increase lending, thereby boosting liquidity. However, Monday?s meeting of Eurozone finance ministers will Read More Beijing Cuts RRR
Posted in FX News | Tagged beijing, cuts, rrr
The Greek government offered deeper cuts to public sector salaries and defence spending in a bid to axe ?325m from its budget as the options to stave off bankruptcy narrowed. Read More Greece tries deeper cuts to meet European demands
Posted in FX News | Tagged cuts, deeper, demands, european, greece, meet, to, tries
The Swedish krona declined today after the nation’s central bank cut its main interest rate and lowered its growth forecast for 2012 as the negative developments in the eurozone hurt the country’s economy.(…)Read the rest of Swedish Krona Falls After Riksbank Cuts Main Rate & Growth Forecast (81 words) Posted on Forex News. Read More Swedish Krona Falls After Riksbank Cuts Main Rate dan [...]
Posted in FX News | Tagged after, cuts, falls, Forecast, growth, krona, main, rate, riksbank, swedish
Fidelity’s Michael Clark: how to maintain income from dividends. Read More Dodging dividend cuts
Posted in FX News | Tagged cuts, dividend, dodging
Euro dollar is steady in the middle of the range, as talks between Greek leaders are close to conclusion regarding the terms of the bailout. Greek politicians have little choice, but they want to improve their position before the elections. In th 39 Vote(s) Read More EUR USD Waiting in Range for more Greek Cuts
Posted in FX News | Tagged cuts, eurusd, for, greek, in, more, range, waiting
Swiss franc is lower today in Forex trading, dropping as leaders warn that more job cuts are likely on the way in the country. Swiss companies expect to see weaker sales going forward (an outgrowth of the recently strong franc, which puts Swiss companies at an export disadvantage), and the news means that job cuts are likely on the way. Additionally, Swiss financial leaders reiterated their commitment to a weaker franc. (…)Read the [...]
Posted in FX News | Tagged cuts, expected, franc, job, lower, on, swiss
Spain and Italy were both told to brace for a debt downgrade after a leading rating agency concluded that a “comprehensive solution to the eurozone crisis is technically and politically beyond reach”. Read More Spain and Italy warned of downgrade as Moodys cuts Belgium by two notches
Posted in FX News | Tagged and, as, belgium, by, cuts, downgrade, italy, moodys, notches, of, spain, two, warned
Spain and Italy were both told to brace for a debt downgrade after a leading rating agency concluded that a “comprehensive solution to the eurozone crisis is technically and politically beyond reach”. Read More Fitch warns Spain and Italy of downgrade as Moodys cuts Belgium by two notches
Posted in FX News | Tagged and, as, belgium, by, cuts, downgrade, fitch, italy, moodys, notches, of, spain, two, warns