By admin on February 12, 2010
China brought risk aversion once again to high levels before the end of this week’s session after it announced new lending requirements for banks, making the pound to trade towards another week of losses versus lower yielding currencies.(…)Read the rest of Pound Down on China’s New Requirements (139 words)
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By admin on February 12, 2010
European economic growth slowed to a snail’s pace in the final quarter of last
year, raising fears that the region could experience a double dip recession.
Read More Euro hit by disappointing eurozone GDP figures
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By admin on February 12, 2010
Russia is one of the main suppliers of oil for Europe, and today, as the energetic commodity continued to climb, the ruble profited from renewed confidence in trade markets and gained versus several currencies of its trading partners.(…)Read the rest of Ruble Benefits From Oil Rally (60 words)
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By admin on February 12, 2010
The Swedish krona traded at the highest level in more than a year versus the euro as the nation’s central bank signaled that interest rates may be hiked sooner than previously expected by analysts, bringing regional investors to purchase assets in the region.(…)Read the rest of Krona Hits Record High on Swedish Interest Rate Outlook (77 words)
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By admin on February 12, 2010
The Canadian dollar continued to gain today versus its U.S. counterpart as risk appetite rose considerably in North America after U.S. jobless claims declined beyond expectations raising demand in markets that influence the loonie, as stocks and commodities.(…)Read the rest of Canadian Dollar Advances on U.S. Jobless Claims (152 words)
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By admin on February 12, 2010
European leaders standaccused of sparking unease and confusion after failing
to present a concrete plan to provide emergency support.
Read More EUs lack of detail on Greek rescue leads to confusion
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