The euro rebounded from yesterday’s drop to the eight-month low after global stocks advanced as the leaders of the Group of Twenty nations meet in Washington.(…)Read the rest of Euro Rebounds as Stocks Rises on Hopes for G-20 Meeting (53 words) Posted on Forex News. Read More Euro Rebounds as Stocks Rises on Hopes for G20 Meeting
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Another currency that benefited from the meeting of the Group of Twenty nations chiefs was the Great Britain pound. The sterling reached the record low versus the yen yesterday.(…)Read the rest of GBP Advances as G-20 Meeting Improves Outlook for Global Economy (69 words) Posted on Forex News. Read More GBP Advances as G20 Meeting Improves Outlook for Global Economy
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At 8:55 am EDT (1255 GMT), Redbook releases its retail sales index of department and chain store sales. In the prior period, sales rose 0.2 percent. Samsung Electronics Co (005930.KS) is considering a lawsuit to ban sales of Apple Inc’s (AAPL. … 41 Vote(s) Read More Futures gain ahead of 2day Fed meeting
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The Greek Prime Minister George Papandreou unexpectedly cancelled a planned trip to the US at the last minute, citing a “critical” week ahead for his country. Read More George Papandreou cancels US trip as Ecofin meeting reveals heightened tensions
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Currencies and equities around the world are gaining against the Dollar ahead of speculation that the Fed would announce QE3 measures to boost the struggling US economy and risk-appetite has been building up with the Dollar, Yen and Franc weak among the majors. Chinese manufacturing report earlier this morning saw Read More RiskAppetite Builds Up [...]
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The minutes to the meeting opened with a summary of the Fed’s exit strategy that followed up on some initial discussions at the April 26-27 Federal Open Market Committee (FOMC) meeting. The minutes to the June meeting formalized how that exit strategy would likely be implemented. The minutes emphasized that Read More US FOMC Minutes [...]
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FXstreet.com (Barcelona) – Greece already denied that it is considering leaving the euro but the… For more information, read our latest forex news. Read More European emergency meeting on Greece debt the country wont desert the Euro
Posted in FX News | Tagged country, debt, desert, emergency, euro, european, greece, meeting, on, the, wont
Maybe it was because today’s meeting took place in Finland that the ECB president started the press conference three minutes early. Going into the meeting, the market was split on the issue of whether the next hike would be in June or July. By applying the code “monitor very closely”, Read More ECB Meeting June [...]
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Last week, the USD saw its worst week in 3 months, as the USD Index fell to its lowest level since the financial crisis of 2008. The main reasons for this USD weakness remains the Fed’s ultra-loose monetary policy, strong risk appetite for commodities which is boosting commodity currencies at Read More This Week in [...]
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The full text of the communique from finance officials of the Group of 20 major economic powers after their meeting in Washington on April 15. Read More G20 communique from Washington meeting of finance ministers in full
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