Price rises fell within the Reserve Bank of Australia's target range of 2-3 per cent for first time in three years, making rate rise unlikely, analysts say
Aussie falls on surprise inflation news
Source: www.ft.com
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Forex: EUR/USD: Euro post weekly gains
Despite a decline on Friday, the Euro ended the week 0.79% higher against the Dollar. EUR/USD finished Friday trading in a range between 1.4830 and 1.4850. The Dollar failed to confirm a break below 1.4700 and on Wednesday the Euro rallied after the FED decided to leaves rates unchanged but on...
iTradeFX, Becomes eForex?
Since just before Christmas I’ve been receiving emails from a Forex dealer called eForex. Taking a closer look it’s a dealer that based in Panama (that is enough of a red flag, isn’t it?!?) that has only recently started to push business. An industry source has told me that it’s the former...
APC Group, Inc. (APC), Primed For A Bullish Explosion
Yes, you got that right! APC Group Inc. (APC), an energy unit of the much favored Belle Corporation (BEL), is indeed poised for a huge upswing in...
New York forex wrap-up; Dollar holds gains but not all
Fed unlikely to add to Treasury purchases, slow pace of existing program: WSJ Trichet: High level of uncertainty remains; prudent on economic outlook US import prices rise 1.3% in May, down 17.6% y/y BOE’s Dale: Inflation targeting should be “enhanced” German tax revenue falls...
Site up and down, sorry
We’re having server problems today, sorry to say. Hopefully the site will be stable shortly. On the wires, France’s Lagarde, speaking in Beijing, says that both France and China want a stronger dollar (we’d like to hear the Chinese say...