How do you see this impacting our current account deficit (CAD), which many say would be close to three per cent of GDP, the case during the balance of payments (BoP) crisis? Yes, we are likely to end up within the range of $150-155 bn, which is a very … 31 Vote(s) Read More Its [...]
Posted in FX News | Tagged a, be, difficult, exports, for, going, its, khullar, rahul, to, very, year
U.S. Dollar Trading (USD) better than expected US NonFarm Payrolls at 200k vs. 150k did little to reverse the negative market sentiment coming out of Europe and stocks closed negative. The Unemployment Rate dropped to 8.5% vs. 8.7% forecast as more people stopped looking for work. In US stocks, DJIA Read More EUR JPY Falling [...]
Posted in FX News | Tagged 11, eurjpy, falling, fresh, lows, year
After a brief rally at the start of this holiday-shortened week, the EUR went on a largely one-way trip south, resuming its year-end decline against all major currencies. EU sovereign debt fears and banking sector stresses continue to send investors fleeing from the Eurozone. Government bond yields of the most Read More EUR Gets Hit [...]
Posted in FX News | Tagged eur, gets, hard, hit, start, the, to, year
The Great Britain pound jumped against the euro to the highest level in more than a year as concerns about the problems of Europe made the UK currency more appealing. The sterling also advanced versus the Swiss franc, but dropped against the US dollar.(…)Read the rest of Pound Jumps to Highest Price in More Than a Year Against Euro (117 words) Posted on Forex News. Read More Pound [...]
Posted in FX News | Tagged a, against, euro, highest, in, jumps, more, pound, price, than, to, year
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 [...]
Posted in FX News | Tagged 100, 2001, below, ends, eurjpy, first, for, since, the, time, year
It seems only fitting that to kick off the last trading day of the year FX markets were just drifting. EURUSD traded down from 1.2964 to 1.2928 with little conviction in thin volume. Gold which took a pounding all week, crawled off the $1522.00 floor to $1563.57. Asian regional indices Read More Final Trading Day [...]
Posted in FX News | Tagged day, final, of, the, trading, year
Global asset markets are quiet on this last trading day before New Year. European stocks are 0.3 percent higher, EURUSD is down 0.2 percent, gold spot is up 1.6 percent, WTI crude is unchanged and Spanish & Italian 10-year bond yields are down eight and two basis points respectively. US Read More Quiet Markets as [...]
Posted in FX News | Tagged 2012, approaches, as, in, markets, new, quiet, to, watch, what, year
FXstreet.com (C?rdoba) ? The GBP/USD finished 2011 practically unchanged from the price it opened… For more information, read our latest forex news. Read More Forex GBP USD ends year with a gain of less than 50 pips
Posted in FX News | Tagged ?50, a, ends, forex, gain, gbpusd, less, of, pips, than, with, year
Crude oil and gold prices are expected to decline in the new year as risk aversion returns and the US Dollar gains on the back of safe-haven demand. Read More Crude Oil, Gold Expected to Decline as the New Year Begins
Posted in FX News | Tagged as, begins, crude, decline, expected, gold, new, oil, the, to, year
As we all recover from our plentiful Christmas feasts, some of us stumble back into the office, while others (the preferred) are still lounging on couches contemplating what (if anything) to do for New Years eve festivities. As you can tell I am one of the few that has found Read More The Year That [...]
Posted in FX News | Tagged be, that, the, was, will, year
