It is feasible that the euro will not survive the current sovereign debt crisis sweeping Europe, one of the Treasury’s leading independent forecasters has said. Read More Euro collapse possible amid deepening divisions over bailout
Posted in FX News | Tagged amid, bailout, collapse, deepening, divisions, euro, over, possible
After a range-bound trading due to absence of economic fundamentals from major economies and Thanksgiving holiday in the United States, markets resumed its trading actions where tensions from the euro-area debt remained predominant. Read More Ongoing Tensions In European Markets On Possible Rescue Package For Portugal
Posted in FX News | Tagged european, for, in, markets, on, ongoing, package, portugal, possible, rescue, tensions
Ken Clarke has warning that a ”double dip” recession was still a real possibility, painting a bleaker picture of Britain’s economy than some of his coalition colleagues. Read More Double dip recession in Britain still possible, warns Ken Clarke
Posted in FX News | Tagged britain, clarke, dip, double, in, ken, possible, recession, still, warns
The Canadian dollar strengthened today, rising for the first time this week against the U.S. currency and for the first time in four days versus the euro, as the crude oil gained and the U.S. economic growth were slower than expected, increasing the demand for the safe haven.(…)Read the rest of Canadian Dollar as Safe Currency? It May Be Possible (141 words) Posted on Forex News. Read More Canadian Dollar as [...]
Posted in FX News | Tagged as, be, canadian, currency, dollar, it, may, possible, safe
There should be no doubt that the oil markets are not simply populated by those looking to hedge their exposure to physical supply and demand. This market – like most others – is heavily influenced by speculative interests. Read More The Blossoming of Another Possible Financial Crisis Unnerves Crude Oil Speculators
Posted in FX News | Tagged another, blossoming, crisis, crude, financial, of, oil, possible, speculators, the, unnerves
The Australian dollar’s rise to parity with its U.S. counterpart stalled on the speculation that the central bank may increase the interest rates with the slower pace as China is likely to plan the revaluation of the yuan.(…)Read the rest of Aussie’s Race to Parity Halted by Possible Yuan’s Revaluation (72 words) Posted on Forex News. Read More Aussies Race to Parity Halted by Possible Yuans Revaluation
Posted in FX News | Tagged aussies, by, halted, parity, possible, race, revaluation, to, yuans
The Icelandic prime minister said on Friday she still believed an agreement could be reached with the UK and Dutch governments on Icesave compensation, despite the failure of the latest round of talks. Read More Icesave deal still possible, Icelands PM says
Posted in FX News | Tagged deal, icelands, icesave, pm, possible, says, still
Greek’s finance minister has said that turning for outside help to solve its debt problems would send “the worst possible signal.” Read More Greek finance minister says turning for help would send worst possible signal
Posted in FX News | Tagged finance, for, greek, help, minister, possible, says, send, signal, turning, worst, would
Read More EURUSD Upward Correction Possible But Bias Still Bearish
Posted in FX News | Tagged bearish, bias, but, correction, eurusd, possible, still, upward
NZD/USD, declined over 300 points from a 0.7332 high to a current intraday low at 0.7026. Outlook has now turned bearish as risk aversion looks to prevail. Read More NZD USD Possible Sell Setup at 07217
Posted in FX News | Tagged 07217, at, nzdusd, possible, sell, setup
