posted by
refinancing
36 days ago
in EUR, CHF
In the weeks and months ahead, the likelihood is not of a steep decline in the EUR/USD, but rather a creeping erosion, with the pair expected to trade in ranges in the next week, according to Ulrich Leuchtmann, ...
posted by
Shawn
31 days ago
in EUR, CAD
Essentially, these numbers are showing that the potential debt contagion from the Eurozone is having only a limited effect and today's Federal Reserve meeting will provide the market with additional forecasts for GDP growth, inflation and jobs figures.
posted by
eriathwen
19 days ago
in all
While weak demand on US and Europe trade persists, China's economy appears to be stabilising and continues to be a key engine of global economic growth in 2012, with the Pearl River Delta region remaining a main cargo source, Hutchison Port said.
posted by
GoldTatoo
18 days ago
in AUD
by Andrew Robinson - Saxo Bank | View company's profile No doubt most Asian short EUR positions were wiped out yesterday as the single currency staged a dramatic comeback from its early post-election sell-off. There were no real drivers for the rebound ...
posted by
fxmasta
1479 days ago
in GBP, Fundamental, Daily
The pound pulled higher from a 10-week low against the dollar on Thursday after the Bank of England left UK interest rates on hold following its monetary policy committee meeting.
posted by
fxmasta
1449 days ago
in USD, Daily
The bottom fell out on the dollar versus a basket of major currencies on Friday as the chances of a Federal Reserve interest rate hike practically went out the window with the release of a dismal report on the US jobs situation.
posted by
pipsmgee
1407 days ago
in USD, Fundamental, Housing
New construction of single-family homes fell 5.3% to a fresh 17-year low in June, while a change in building permit rules for multifamily units in New York City pushed up total starts by 9.1%, the Commerce Department reported Thursday.
posted by
maximumpips
1335 days ago
in Oil, Metals
Commodities fell, led by oil, copper and lead, on concern the U.S. plan to spend $700 billion propping up America's banks won't unlock credit markets and avert a slowdown in the world's largest economy.
posted by
fxhottie
1325 days ago
in Daily, Gold, Metals
Gold fell for the first time this week on speculation that a global economic slump will reduce demand for commodities. Silver also declined.
posted by
dooly
1320 days ago
in USD, Fundamental
Treasury Secretary Henry Paulson announced an extraordinary investment by the federal government in the American banking system on Tuesday, laying out an unprecedented plan to give $250 billion to banks to repair the faltering financial system an
posted by
pippinator
1320 days ago
in USD, Fundamental
The feel good factor in the markets was relatively short-lived with the 400 point rally in the Dow Tuesday morning turning into a more than 76 point decline by the end of the US trading session.
posted by
czarinacleopatra
1319 days ago
in JPY
HONG KONG: Regulators in two of the biggest Asian financial centers stepped up their efforts Tuesday to ensure liquidity and insulate their respective banking systems from the turmoil in global credit markets.