Britain’s economy is in the grip of its first double-dip recession for 35 years, City forecasters believe. Read More Britain in the midst of first double dip since the 1970s
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The Mexican peso jumped today to the highest level since October as the nation’s central bank refrained from cutting interest rates as high consumer prices hurt country’s economic growth.(…)Read the rest of Mexican Peso Highest Since October as Rates Remain Unchanged (142 words) Posted on Forex News. Read More Mexican Peso Highest Since October as Rates Remain Unchanged
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(Dow Jones via eFXnews) Traders amassed a net $24.8 billion in bets that the euro will continue to weaken, the largest such position since at least 2007, as of Jan. 10, government data showed Friday. Speculators held a net 155,195 contracts ag 41 Vote(s) Read More Speculators Pile Into Bets Against Euro Most Since 2007
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FXstreet.com (C?rdoba) – The recovery of the Euro seen at the beginning of the year was short-lived… For more information, read our latest forex news. Read More Forex EUR USD closes the week at its lowest level since Sep 2010
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FXstreet.com (C?rdoba) ? The Euro dropped sharply against the Pound on Wednesday, losing more than… For more information, read our latest forex news. Read More Forex EUR GBP posts lowest daily close since Sep 2010
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The euro ended yet another week with losses, falling to the lowest level in a year against the dollar and to the lowest in a decade against the yen, as Europe enters the new year with its crisis unresolved.(…)Read the rest of EUR/JPY Ends Year Below 100 for the First Time Since 2001 (139 words) Posted on Forex News. Read More EUR JPY Ends Year Below 100 for the [...]
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The European Central Bank and the Reserve Bank of Australia led central banks that reduced interest rates as the International Monetary Fund cut its forecast for global economic growth to 4 percent for this year and next from prior estimates of 4.3 … 34 Vote(s) Read More Bonds Prove Best Financial Asset for 1st Time [...]
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FXstreet.com (C?rdoba) – Despite Friday’s decline, the Euro is about to close the week with gains… For more information, read our latest forex news. Read More Forex EUR USD posts first weekly gain since October
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The euro dropped against the dollar and the yen to the lowest rate since October and retreated versus the pound today as there are no sings that the crisis in Europe may end.(…)Read the rest of Euro Lowest Since October (136 words) Posted on Forex News. Read More Euro Lowest Since October
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The euro posted the biggest drop since August 2010 yesterday, reaching the lowest level this month against the dollar and the yen and the lowest price since February against the pound today, as Forex market participants are becoming more and more concerned about the European debt crisis.(…)Read the rest of Euro’s Biggest Drop Since August 2010 (170 words) Posted on Forex News. Read More Euros Biggest Drop [...]
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