Eurozone debt markets continued to show signs of further stabilization as Greek/private sector bondholder (private sector investors or PSI) negotiations continued to stumble along with repeated promises that a deal was soon to be reached, possibly over this weekend. The debt swap deal is a prerequisite to Greece receiving the Read More Its all Greek [...]
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FXstreet.com (C?rdoba) – The EUR has actually been quite resilient in the midst of the crisis,… For more information, read our latest forex news. Read More Forex Flash EUR USD might move temporarily towards its 2010 low Scotiabank
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How do you see this impacting our current account deficit (CAD), which many say would be close to three per cent of GDP, the case during the balance of payments (BoP) crisis? Yes, we are likely to end up within the range of $150-155 bn, which is a very … 31 Vote(s) Read More Its [...]
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At the height of empire, Britain accounted for somewhere between 15 and 20pc of global output in manufactured goods. Read More Britain could hold on to its place in the world after all
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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 … 41 Vote(s) Read More Investors send EUR NZD to its [...]
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FXstreet.com (C?rdoba) – The recovery of the Euro seen at the beginning of the year was short-lived… For more information, read our latest forex news. Read More Forex EUR USD closes the week at its lowest level since Sep 2010
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Does Too Much Calm Mean it’s Time for a Little Storm? The market activity has been positively glacial over the last several days, but is suddenly kicking into gear ahead of US equity trading today on no readily discernible catalyst. We should all be reminded that quietude and complacency often Read More Does Too Much [...]
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It’s a quiet week in the City as most people take advantage of the bank holidays to extend their Christmas breaks, however the Eurozone debt crisis never takes a break. As we enter the third consecutive year where European debt concerns have dominated market sentiment the effects of the crisis Read More Its all about [...]
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The euro to Canadian dollar exchange rate is 0.41% lower with EUR CAD at 1.3560. The US dollar to Canadian dollar exchange rate is 0.83% higher with USD CAD at 1.0254. "Declines in gold, crude oil and copper today would ordinarily be a more of a drag … 23 Vote(s) Read More Canadian dollar manages [...]
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Globalisation threatens the West’s prosperity, argues Jeremy Warner. Read More Globalisation has turned on its Western creators
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