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Euro sees moderate gains

posted by erzon 730 days ago in EUR

Pressure on the euro eased Thursday as it saw moderate gains against the dollar and yen in Asian trade, but risk appetite was constrained by persistent eurozone fears.The single unit advanced to 1.2263 dollars in Tokyo afternoon trade after falli

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Mortgage rates close to record low

posted by erzon 730 days ago in USD, Housing, Trade made popular 730 days ago

Turmoil in the stock market and the European debt crisis are making life easier for U.S. homebuyers and families looking to refinance: Mortgage rates are inching closer to a record low.

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Euro Fears Hammer Markets

posted by erzon 732 days ago in EUR

Commodity prices and global stocks fell hard on Tuesday on heightened worries that euro-zone banking troubles could hobble the global recovery and as saber-rattling on the Korean peninsula also unnerved investors.

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Gold inches up after five days of falls

posted by erzon 734 days ago in USD made popular 733 days ago

Gold edged higher on Monday after falling for five straight sessions, with investors attracted by the precious metal in the face of remaining uncertainty over the global economy.

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Local gold producers gain from dollar's fall

posted by erzon 734 days ago in USD, Gold made popular 734 days ago

While the US dollar gold price has increased all of 3 per cent in the last 30 days, the local price has put on 15 per cent, or $183 an ounce, to $1413 an ounce.

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Cable warns euro crisis could harm UK exports

posted by erzon 735 days ago in EUR, GBP, GDP made popular 735 days ago

Business secretary mindful of eurozone concerns but pledges to help British companies 'grow and flourish'

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Yen Gains Against Aussie, Loonie as Oil Slumps; Euro Rallies

posted by erzon 737 days ago in JPY, CAD, Oil made popular 737 days ago

The yen rose against commodity currencies and traded near the highest level in more than eight years versus the euro as stocks fell and oil prices declined for a third week on concern Europe’s debt crisis will slow growth.

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Euro at four year low as German trading ban hits sentiment

posted by erzon 739 days ago in EUR made popular 738 days ago

News that Germany had banned some riskier trading to help restore stability to financial markets dragged the euro to new four year lows and pulled the pound to a two year low against the dollar overnight.

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As The Euro Wavers, The Dollar Looks Better

posted by erzon 742 days ago in USD, Gold made popular 742 days ago

Both gold and the U.S. dollar have been gaining in value. Last week, the price of an ounce of gold reached nearly $1,250, roughly double what it was just three years ago. And the dollar reached its highest value, compared with the euro, in 18 mon

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Euro break-up talk increase as Greek woes worsen

posted by erzon 743 days ago in EUR made popular 743 days ago

Romano Prodi recalls how he persuaded Germany to allow debt-swamped Italy into the euro: support our membership and we'll buy your milk, he said.

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Euro slumps to new 14-month low

posted by erzon 744 days ago in USD, EUR, Trade made popular 744 days ago

The euro slumped to a new 14-month low against the US dollar amid persistent concerns over Europe's debt crisis.

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Trader And Forex News Of The World

posted by erzon 744 days ago in USD made popular 744 days ago

The USD traded higher Tuesday in reaction to weaker economic data from Europe and a sharp drop in US consumer confidence. The EUR was pressured by report of an unexpected drop in German IFO and ongoing concern about the outlook for sovereign debt

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