German exports fell at their fastest rate in nearly three years in December raising concerns that the eurozone debt crisis has damaged the powerhouse economy more than expected. Read More German exports fall at fastest rate in three years, sparks fears over Europes bulwark economy
Posted in FX News | Tagged at, bulwark, economy, europes, exports, fall, fastest, fears, german, in, over, rate, sparks, three, years
Following the Federal Reserve’s announcement yesterday, the Euro again rallied against the U.S. Dollar, and is now trading higher today at 1.3156. On the OpenBook, traders who had expected the Euro to pullback are rethinking their positions. Trad 29 Vote(s) Read More ECB Frets over Greek Bonds as Traders Resume Bearish Posture
Posted in FX News | Tagged as, bearish, bonds, ecb, frets, greek, over, posture, resume, traders
Government proposals to crack down on lavish executive pay packets have drawn a mixed response from the business lobby, with some arguing the changes are unlikely to solve the problem of excessive pay. Read More Businesses raise doubts over Vince Cables pay proposals
Posted in FX News | Tagged businesses, cables, doubts, over, pay, proposals, raise, vince
The Euro remains the weakest performer for the time being and continues to adhere to a broader underlying downtrend off of the 2008 record highs which projects additional declines in 2012… Read More Euro to Close Out 2011 in Bearish Form, Expose 12000 Over Coming Months
Posted in FX News | Tagged 12000, 2011, bearish, close, coming, euro, expose, form, in, months, out, over, to
Asian Markets are set to fall after U.S. stocks retreated, following a two-day advance for the Standard & Poor?s 500 Index, amid concern European officials were failing to make progress in taming the debt crisis and as financial companies tumbled. Read More Stocks Fall As Concerns Over Euro Debt Signals Selloff
Posted in FX News | Tagged as, concerns, debt, euro, fall, over, selloff, signals, stocks
Whitehall is ignoring the Coalition’s deregulation plans, the British Chambers of Commerce (BCC) has warned. The trade body discovered that four departments had ignored official warnings that new legislation, including this year’s rise in the national minimum wage, was flawed. Read More Warnings over flawed legislation being ignored in Whitehall
Posted in FX News | Tagged being, flawed, ignored, in, legislation, over, warnings, whitehall
The eurozone faces fresh splits after one of the ECB’s most senior figures said the bank should not be used to fund national debts and that if it was forced to, it would mean the end of the single currency. Read More Divisions in eurozone over ECB bondbuying
Posted in FX News | Tagged bondbuying, divisions, ecb, eurozone, in, over
The US Dollar is likely to weaken into the end of the trading week as seasonal profit-taking overtakes the financial markets. Read More FOREX US Dollar to Decline as Seasonal Forces Take Over Markets
Posted in FX News | Tagged as, decline, dollar, forces, forex, markets, over, seasonal, take, to, us
Concerns are mounting that Britain may have to contribute a further ?30bn to eurozone rescue loans through the International Monetary Fund, matching the sorts of burdens shouldered by Germany, France and other EMU states. Read More Confusion over Britains ?30bn share of IMF rescue for Europe
Posted in FX News | Tagged britains, confusion, over
US dollar is mostly lower right now, due to optimism over Europe. Markets are reacting favorably to the latest news about a tighter fiscal union meant to stave off further euro crises. US dollar isn’t needed as a safe haven right now, so it is lower. (…)Read the rest of US Dollar Mostly Lower on Optimism over Europe (140 words) Posted on [...]
Posted in FX News | Tagged dollar, europe, lower, mostly, on, optimism, over, us
