The UK risks falling back into recession as the global jobs crisis continues “unabated”, according to a pessimistic report on the worldwide labour market. Read More UK risks new recession on weak jobs market, says ILO
Posted in FX News | Tagged ilo, jobs, market, new, on, recession, risks, says, uk, weak
The British economy just about scraped growth in the fourth quarter of 2011 according to the National Institute of Economic and Social Research (NIESR), but weaker data elsewhere darkened the economic outlook. Read More UK grew 01pc in fourth quarter, says think tank Niesr
Posted in FX News | Tagged 01pc, fourth, grew, in, niesr, quarter, says, tank, think, uk
Source: DowJones China Think-Tank: China should use $2 trill FX reserves for overseas… For more information, read our latest forex news. Read More China should use 2 trill FX reserves for overseas investment, says China ThinkTank
Posted in FX News | Tagged 2, china, for, fx, investment, overseas, reserves, says, should, thinktank, trill, use
The weak pound has boosted Britain’s trade position, helped by Britons taking fewer holidays abroad, according to the Bank of England. Read More Staycations and weak pound have boosted British trade, says Bank of England
Posted in FX News | Tagged and, bank, boosted, british, england, have, of, pound, says, staycations, trade, weak
David Cameron may have left Brussels with a fewer friends on Friday morning, but at least he can console himself in the knowledge that British households are wealthier than their German equivalents. Read More UK households wealthier than Germanys, says UBS
Posted in FX News | Tagged germanys, households, says, than, ubs, uk, wealthier
Bank of Japan warned speculators that it is watching for excessive strengthening of the Yen. Deputy Governor Kiyohiko Nishimura said that the strengthening of the Yen are out of line with the economic fundamentals of Japan. He said, "Japan’s curr 33 Vote(s) Read More BOJ Official says Intervention Successful
Posted in FX News | Tagged boj, intervention, official, says, successful
Britain will not “go out on a limb” in pumping extra cash into the International Monetary Fund to help restore the health of the global economy, the Chancellor said. Read More George Osborne says Britain wont go out on a limb with cash for IMF and warns Greek euro exit traumatic
Posted in FX News | Tagged a, and, britain, cash, euro, exit, for, george, go, greek, imf, limb, on, osborne, out, says, traumatic, warns, with, wont
On the current account deficit (CAD), which widened in first quarter of the fiscal, despite a surge in exports and higher net invisibles receipts, the RBI said "invisible earnings may also decelerate as slowdown in US and euro area could impact … 29 Vote(s) Read More Rate hike likely as inflation remains high, RBI says
Posted in FX News | Tagged as, high, hike, inflation, likely, rate, rbi, remains, says
Angela Merkel has denied that there is a deadlock between Germany and France and insisted that a debt crisis resolution has been delayed by ‘technical details’ not disagreement. Read More German Chancellor Angela Merkel denies there is an EU deadlock No schism in EU says Merkel as stocks rise
Posted in FX News | Tagged an, angela, as, chancellor, deadlock, denies, eu, german, in, is, merkel, no, rise, says, schism, stocks, there
Chancellor George Osborne urged European leaders to come up with a swift and credible resolution to the debt crisis, as EU finance ministers meet in Brussels to discuss the funding needs of the region’s banks. Read More George Osborne says euro crisis doing real damage to UK economy
Posted in FX News | Tagged crisis, damage, doing, economy, euro, george, osborne, real, says, to, uk
