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Euro pares gains vs dollar after Greece downgraded

posted by erzon 712 days ago in USD, EUR, Trade

The euro pared gains against the dollar on Monday after Moody's Investors Service downgraded Greece's credit rating, rekindling fears about excessive debt levels in several euro zone countries.

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Forex Trading Skills You Can Use

posted by erzon 714 days ago in Special, Trading Psychology made popular 713 days ago

Have you been tempted to buy one forex trading robot after another? Or bought one and it did not work as planned? Well there is good news and bad news. I usually like the bad news first. Here it is. Most all of them don’t work. The good news is y

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EURUSD: Risk Opens Up Towards 1.2353/1.2771.

posted by FXTechstrategy 714 days ago in EUR, GBP, Technical made popular 714 days ago

EURUSD saw a respite the past week halting its strong medium term declines and triggering a recovery higher to close the week at 1.2110.

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Banks reviewing rates

posted by hinata 714 days ago in NZD made popular 714 days ago

Mortgage rates are in a holding patterning following yesterday's OCR announcement, with none of the big banks committing to a move in rates today.

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Ringgit Likely To Weaken Against Greenback Next Week

posted by Binsonu 714 days ago in USD, Weekly made popular 714 days ago

The ringgit is likely to weaken against the US dollar again next week following the recovery of the greenback as investors resume dollar buying, dealers said.

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Greece Debt Crisis Increased, Euro Declining

posted by jasumine 714 days ago in EUR, Trade made popular 714 days ago

Last week, EU and IMF jointly launched out acid plan reaching 750 billion with a purpose to keep stable of Euro. While this [rubber check” with quite large of fund can only relief worries of investors for a short time, which can hardly handle ser

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Oil expected to climb as stock markets, euro revive

posted by megumi 714 days ago in EUR, Oil made popular 714 days ago

Crude oil may rise this week on speculation the euro and equities will advance, signs that the global economy and oil demand will strengthen, a Bloomberg News survey showed.

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Markets exaggerating Eurozone risks

posted by camac 714 days ago in EUR made popular 714 days ago

Financial markets are exaggerating the risks to the Eurozone, which is on an economic recovery path, and to the single currency, European Central Bank policymakers said on Friday.

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Canadian dollar hits 8-month high

posted by erzon 714 days ago in EUR, CAD, Trade made popular 714 days ago

Canada's dollar rose the most in eight months on bets economic growth will fuel demand for the nation's raw materials and Europe's debt crisis spurred demand for currencies backed by relatively strong balance sheets.

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US Dollar sheds strength vs rupee

posted by vhinz316 714 days ago in USD made popular 714 days ago

The dollar depreciated against the rupee in the interbank market throughout the week’s trading, dealers said on Saturday. The American currency commenced the week’s trading at Rs 85.34 for buying, decreased seven paisas and closed at Rs 85.27 for

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Bank commission calls for 'profound reform' of banks

posted by peekaboo 714 days ago in GBP, Fundamental made popular 714 days ago

Risk-free "safe haven" accounts guaranteed by the government should be set up as part of a "profound reform of the banking system", an inquiry found.

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Inflation may force Bank to raise rates

posted by vinia 714 days ago in GBP, Inflation made popular 714 days ago

THE Bank of England could be forced to abandon its “highly expansionary” monetary policy — and raise interest rates — in the second half of the year, according to a member of its monetary policy committee.

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