Don’t Expect Anything From The ECB
With speculation regarding the European Central Bank decision looming over the market tonight, the euro continues to remain relatively directionless in the afternoon trade. But, there won’t be much to expect when it comes to decision time - wit
EUR/USD hits 8- week high on Greek optimism
Forexpros - The euro gained against the US dollar Wednesday, hitting an 8 week high, on renewed hopes that a second Greek bailout may be imminent. EUR/USD traded at a low of 1.3221 and hit a high of 1.3289 prior to trading higher by 0.08% at 1.3271.
GBP/USD falls ahead of BoE meeting
On Tuesday, Federal Reserve Chairman Ben Bernanke indicated that the central bank would keep borrowing costs close to zero for another two years, despite data last week showing the US unemployment rate unexpectedly fell to a three-year low.
Eurozone Finance Ministers To Meet In Brussels
The euro remains a bit supported in the afternoon trade, following an announcement of yet another European summit. This meeting, however, carries with a rather optimistic undertone, with eurozone finance ministers reconvening over a finalization
RBA Holds Rates Steady: What Now?
In a surprising turn of events, the Reserve Bank of Australia (RBA) announced yesterday that they have decided to keep rates steady at 4.25%. This was opposite of the market's expectation that the RBA would cut rates again for the third time in a
Cranking up the Long Euro Positions: Buying EUR/JPY
With Greece one step closer to drafting a debt deal, I think it's time to hop on the euro bandwagon! This time, I'm going long as EUR/JPY seems to be breaking past the 102.00 handle!
IT major Cognizant targets FY12 revenue at USD 7.53 bn
We really think that this is driven by the fact that more than ever our clients, who on one hand are facing significant cost pressures from economic volatility around the world and on the other side are looking to innovate and to drive topline revenue ...
USD/CAD – Looking for Breakout in Momentum
The USD/CAD respected the declining channel resistance the last couple of times, but since finding support at 0.9927, its momentum has gotten flat. The 1H chart shows the RSI reading stuck between 40 and 60, reflecting the neutral and consolidati
Ivanho Cambridge acquires additional assets in Silicon Valley, California
Last December Ivanho Cambridge announced the purchase of The Park Kiely, a 948-unit rental apartment complex located in San Jose. The three new properties, Verandas, Woodbridge and The Reserve, have been acquired for CAD $136 million and complement ...
Canada's New 'Yankee' Bond: Worth a Look?
And the increased popularity of the bonds has already pushed yields down by roughly a percentage point from a year ago, and bond yields could keep sinking as global interestand accessgrows, analysts say. Then there is interest rate risk: Canadian ...
EUR/USD Fluctuates as Future of Greece Remains Unclear
EUR/USD fluctuated today as market sentiment about an outcome of talks about a new portion of bailout for Greece shifted constantly. Nothing is clear yet, so the currency pair may move in any direction.
Euro Could Be Headed Toward $1.3435 -BBH
(Dow Jones via eFXnews)The euro broke a key technical level of $1.3244 Tuesday, which was the 38% retracement level from the October to January drop in the exchange rate, Brown Brothers Harriman says in a research note Wednesday.With that lev


