At some point in time, you feel lost and confused. No matter what you do, your worries and fears are bothering you. In these particular cases, some people may turn to alcohol or other substances to manage their worries and stresses. Using alcohol or taking drugs will not take away all of your problems. You [...]
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The U.S. dollar was mixed across the board, significantly weaker against the Japanese yen and Swiss franc and much stronger against the New Zealand and Australian dollars as risk sentiment experienced large swings throughout the NY session. The U.S. May trade deficit widened by more than expected to $-50.2B from Read More Choppy Markets amid [...]
Posted in FX News | Tagged amid, choppy, debt, eu, fomc, markets, minutes, worries
Why, despite such a weak report in the US, did the EUR/USD still end up moving in the greenback’s favor, and what does that mean for the fate of the EUR/USD going into next week? That’s a questions we should be asking ourselves as we head into the weekend, and the Read More Eurozone Stress [...]
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The Indonesian rupiah strengthened today as concerns about the European debt crisis eased, increasing appeal of riskier currencies.(…)Read the rest of Worries About Europe Ease, Indonesian Rupiah Gains (56 words) Posted on Forex News. Read More Worries About Europe Ease, Indonesian Rupiah Gains
Posted in FX News | Tagged about, ease, europe, gains, indonesian, rupiah, worries
Standard & Poor’s has downgraded Greek debt, increasing jitters over the eurozone and pushing European shares lower. Read More SdanP downgrades Greece over debt restructuring worries
Posted in FX News | Tagged debt, downgrades, greece, over, restructuring, sp, worries
The dollar index managed to establish itself above the key 80.00 level on Friday as the euro slipped….. Read More USD Graphic Rewind Dollar Climbs as Debt Worries Hammer Euro
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I mentioned the link between the EONIA rate (the inter-bank lending rate) and EURUSD yesterday. This has lurched lower today, which is pulling EURUSD down to the 1.3220/30 mark. Eonia rates work a bit differently from yields on government debt. As Eonia declines it shows a reduced level of confidence Read More Banking Worries Dragging [...]
Posted in FX News | Tagged banking, dragging, euro, lower, the, worries
Central bank must combat inflation if it is to remain credible, warns senior policymaker who wants a rate rise. Read More Bank of England risks losing credibility over inflation worries, warns Andrew Sentance
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The financial squeeze on US consumers was underlined by figures that kick off a critical week for the world’s largest economy. Read More US recovery fears grow on consumer money worries
Posted in FX News | Tagged consumer, fears, grow, money, on, recovery, us, worries
April’s risk rally slammed into a wall on Friday, after reports surfaced that the Manhattan US attorney’s office is investigating further allegations of financial skulduggery at Goldman Sachs. 8 Vote(s) Read More Markets Fall on the Financial Regulation Worries
Posted in FX News | Tagged fall, financial, markets, on, regulation, the, worries