Investors welcomed the news and the euro jumped against the US dollar after the announcement. The interest that Greece needs to pay for the first bailout package was lowered to 1.5% over market rates from 2-3% about market rates previously agreed. 29 Vote(s) Read More Weekly Fundamentals Rise in Oil Prices May Further Defer Economic [...]
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"As expected, the BoC left its benchmark rate on hold and Governor Carney offered a more optimistic tone than recent months, stressing external risks as the main hurdles for the economy". "Canada’s exposure to swings in risk appetite and developments … 42 Vote(s) Read More Flash USD CAD US recovery should continue to benefit the [...]
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The British Pound may fall if a negative GDP print and minutes from January’s BOE meeting stoke QE added bets. The Euro recovery looks likely to continue. Read More FOREX British Pound Vulnerable But Euro Recovery May Continue
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Demand for Australia’s currency was limited before data that may show inflation is slowing, providing scope for the Reserve Bank to implement a third consecutive interest-rate cut. Any positive economic outcomes in the US would represent a … 33 Vote(s) Read More Australian Dollar Trades Near a 12Week High on US Recovery Indications
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But the board cautioned that significant downside risks remain – particularly from the European debt crisis and the appreciation of yen. "Japan’s economy will face an adverse effect from the slowdown in overseas economies and the appreciation of the … 25 Vote(s) Read More BoJ Minutes Europe May Threaten Japans Recovery
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The asset-purchase program was maintained at JPY 20 trillion, after boosting it by JPY 5 trillion last month. The BoJ also on Tuesday released the minutes from the unscheduled meeting on November 30, in which the Bank of Canada, the Bank of England, … 24 Vote(s) Read More BoJ Minutes Overseas Economies May Endanger Japans [...]
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In New York, gold edged higher after its 4-day losing streak lured buyers amidst lower dollar. Gold for February delivery up by USD 20.70 to USD 1597.90 an ounce on the Comex division of the NYMEX late yesterday, while March silver contract gained 40 … 28 Vote(s) Read More Moderate recovery in gold silver moves [...]
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FXstreet.com (Barcelona) – Dollar reversal from Tuesday’s high at 0.8960 has been contained at… For more information, read our latest forex news. Read More Forex USD CHF on recovery, approaches 08900 area
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Britain is now officially stuck on a slower recovery path than after the Great Depression of the 1930s despite better growth in the three months to September than expected. Read More UK recovery slowest in 100 years despite 05pc growth
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Guest Commentary For 46 Million Americans, Theredan146s No Recovery
Recent US indicators have been positive, and this finally includes also employment figures: jobs are created at a steady pace and unemployment is dropping. Read More Guest Commentary For 46 Million Americans, Theredan146s No Recovery
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