Euro Posts Weekly Gains, Future Remains Uncertain
The euro posts gains this week even though it’s unclear whether Greece would receive the next portion of the planned €130 billion bailout. The future of the euro remains uncertain as a good outcome of the Greek story is in no way guaranteed.
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Intraday NSE BSE Stock Tips>Nifty Range For Monday 13 Feb
Nifty has strong support near the level of 5,330. Resistance near 5470 levels. Sustaining above the level of 5470 will lead to markets to higher levels of 5,650.VISIT: http://intraday-nsebse-stocktips.blogspot.in
Monetary Policy Week in Review - 11 February 2012
The past week in monetary policy saw just one bank lift rates; Jordan +50bps to 5.00%, and two banks cut rates; Belarus -200bps to 43.00%, and Indonesia -25bps to 5.75%. Meanwhile the banks that held rates unchanged were: Australia 4.25%, UK 0.5
Wheat Falls as Growin Stockpiles Counter Damage from Weather
Wheat was falling for the second trading session today on signs that there will be enough stockpiles to counter damage that adverse weather has done to supplies.
EUR/USD Slips as Greece Doesn’t Receive Rescue
EUR/USD was dropping today virtually without pause, a trend that started yesterday’s evening. The major news today was a denial of the new portion of bailout for Greece until Greek leaders would agree on deeper budget cuts. Forex market roiled on
Indonesia Cuts Interest Rates, Rupiah Weakness Ahead
Indonesia’s central bank cut rates by 25 basis points to 5.75% on Thursday. A very surprising move, the rate cut caught a lot of market analysts and traders by surprise given that the Indonesian economy has actually been growing at a torrid pace
CAD Drops as Greek Story Takes Troublesome Turn
The Canadian dollar dropped today against the greenback and the Japanese yen, but rose versus the euro, as Greece won’t receive rescue until nation’s leaders would accept deeper budget cuts demanded by other members of the European Union.
Top 3 FX Movers: Australian Dollar, Euro Lead Majors Lower
The single currency has failed to break through the pivotally important 1.3300 figure. The failure has lent to a bout of selling, taking the Euro lower – and posing as one of the top three movers on the day. With consolidation likely in the imm


