By admin on June 16, 2010
The Euro came under pressure today, declining overnight as fresh worries about Euro-zone sovereign debt and rumors about Spain needing to request aid from the EU or IMF dented risk appetite. Despite the news the Euro rebounded from its overnight lows as US production data was strong. Read More Worries about Spain Hit Euro Though [...]
Posted in Forex News | Tagged about, by, data, euro, hit, limited, losses, production, spain, though, us, worries
By admin on June 16, 2010
Oil prices climbed today as the downward trend in equity markets was reversed after US import prices were reported to have declined 0.6% in May after rising 1.1% in April, while UK inflation slowed to 3.4% from 3.7%, making it even more unlikely
7 Vote(s) Read More Oil Rises To 76 Barrel, Shares In … [...]
Posted in Forex News | Tagged 13, 76, barrel, bp, hit, in, low, oil, rises, shares, to, year
By admin on April 8, 2010
Greek bond prices tumble as doubts grow over a credible rescue.
Read More Greece debt fears hit fever pitch
Related PostKiwi likely to hold above US68c on Europe debt fearsGermany and France strike deal to rescue Greece from debt crisisSovereign debt crisis at boiling point, warns Bank for International SettlementsEuro Who Will Rescue GreeceGreece, Portugal, … [...]
Posted in Forex News | Tagged debt, fears, fever, greece, hit, pitch
By admin on March 25, 2010
FXstreet.com (Barcelona) ? Gold dropped to a fresh 6-week low to close at $1,086.00 level. The…
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Read More Gold hit 6week low
Related PostGold futures rise as US drops to 14month low against euroForex USD JPY hit 8month low at 8822Gold 0323Gold 0322EUR AUD extends alltime low capped [...]
Posted in Forex News | Tagged 6week, gold, hit, low
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
Related PostEuro, British Pound Strength May Be Tested by Q3 GDP, BOE Inflation ReportEuro Weakness May Continue, If US GDP [...]
Posted in Forex News | Tagged by, disappointing, euro, eurozone, figures, gdp, hit
By admin on February 8, 2010
It has been an extremely volatile day in the financial markets with the Dow Jones Industrial average falling close 160 points only to recover aggressively in the last hour of trading to end the day in positive territory. The turn in risk appetite
6 Vote(s) Read More US Dollar Have We Hit A Capitulation Point
Related [...]
Posted in Forex News | Tagged a, capitulation, dollar, have, hit, point, us, we
