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Europe's Depressing Prospects
In both cases the real cost of debt must increase substantially in the former case because high German inflation will force up euro interest rates so that Spain's refinancing cost will exceed its domestic growth rate, and in the latter case because ...
33 votes
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EUR/USD back towards opening levels
It should have never been allowed in the Euro Zone... trader: you simply can not have risk on the euro slipping (dow nas comp gld slv 10yr oil hoil usd all showing risk... Pete Jackson: I think a lot of sensible Greeks are waking up this morning and ...
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Flash: EUR/USD could slide back to 1.25 in near term Danske Bank
The single currency is trading in sub 1.2700 levels on Friday, closing a 3-week negative streak against the greenback, on spiraling concerns circling the euro zone, with Greece and Spain in centre stage.
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Gold Continues Recovery From Range Support
As expected, the 1522-1530 range support provided a based for gold to recover after it fell sharply from around the central pivot of the range (the actual high was 1671.12). The concept of a range is that when the market is at resistance or suppo
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12 Surprising Reasons Why Pro Forex Traders Make Money
12 Surprising Reasons Why Pro Forex Traders Make Money
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Jean-Claude Trichet Has an Idea that Could Save the Euro...
Jean Claude Trichet, the former president of the European Central Bank, yesterday presented a bold but sure to be controversial plan that could go some way to saving the Eurozone. Many of the problems that currently exist in the Eurozone can be b
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Greece, Spain continue to pressure the Euro
Poor economic data from the US along with growing concerns about the instability in the Spanish banking sector continued to further put pressure on Euro.
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Australian Stock Market Report Midday 5/18/2012
Today the market here in Australia started lower with weakness in all areas except gold stocks. The Australian stock exchanges leading index, The All Ordinaries Index (XAO) fell over 70 points at the open of trade. Key overseas exchanges listed large ...
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EURUSD Outlook 18th May 2012
EURUSD Analysis & News – Euro/Dollar Rate Outlook 18th May.
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USD/CAD rises to test 1.0178 again
After trading in consolidation mode from 1.0178 4-month high in a pause in its rally from 1.0100, the USD/CAD has resume its uptrend and it is testing highs at 1.0178 again. Now at 1.0170, the USD/CAD is rising 0.50% so ...
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NZ Dollar Near This Year’s Low
The New Zealand dollar erased its earlier gains today as the potential Greece’s exit from the eurozone continued to spoil mood of Forex market participants. The currency traded near the lowest level this year.
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Portugal Telecom Q1 net 56.5 mln eur, beats fcast
Portugal Telecom posted on Thursday a first-quarter net profit of 56.5 million euros ($72 million) to beat market consensus even as domestic revenues fell due to Portugal's deep recession and painful austerity.


