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EU Constructing EU130 Billion Growth Package, Germany Says

posted by xjessicax 10 hours ago in EUR, Fundamental made popular 2 hours 56 minutes ago

The European Commission is working with the 27 EU states on a 130 billion-euro ($164 billion) package to bolster the region's economy amid recession, according to German government officials.  read more

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Money Rates Decline in Europe on Cash Injections

posted by twilight 10 hours ago in EUR, Fundamental, Inflation made popular 2 hours 56 minutes ago

The cost of borrowing in dollars for three months in London fell for a second day on speculation central-bank cash injections and deeper interest-rate reductions will further thaw the freeze in lending.  read more

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Central Bank Tries to Determine Interest Rates as Far as it

posted by chloegurl 10 hours ago in Fundamental, Special, Inflation made popular 2 hours 56 minutes ago

Occasionally I hear the odd guest on CNBC or Bloomberg Radio who lays blame for the crisis in exactly the right place - the Federal Reserve System in the U.S....or central banking more broadly.  read more

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Gordon Brown steps forward for UK small businesses

posted by eriathwen 11 hours ago in GBP, Fundamental made popular 2 hours 57 minutes ago

Yet against Gordon Brown has been forced to remind the UK banking sector of its new obligations towards small businesses and finance.  read more

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Bank of England gets out machete

posted by ceronueve 10 hours ago in GBP, Fundamental, Inflation made popular 2 hours 57 minutes ago

The benchmark interest rate might have to be cut by more than 2 percentage points, the Bank of England said yesterday, after its forecasts pointed to a deepening recession.  read more

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Great Traders are Gauged by How Many Good Trades They Make

posted by thegearedinvestor 2 days ago in Sentimental, Special, Trading made popular 4 hours ago

When I started trading forex I realized that 90% of the people who get into trading currencies are here because they think they are going to become rich. Whether you trade stocks, bonds, futures, options, forex, or any other flavor of investments  read more

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Euro Falls vs US Dollar Following Dovish ECB Comments

posted by milkyway 2 days ago in USD, EUR, Fundamental made popular 4 hours ago

The euro is relatively poorly bid against the U.S. dollar on Tuesday after early-morning comments by European Central Bank Board member Gertrude Tumpel-Gugerell caused a downturn in the cross.  read more

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EUR/JPY - Euro Yen 11/19/08

posted by GoldTatoo 1 day 7 hours ago in EUR, JPY, Technical made popular 9 hours ago

122,20. EUR JPY is in a range between 120,70 and 123,80. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100).  read more