FXstreet.com (Córdoba) - The Euro managed to close Tuesday consolidating gains against the Australian Dollar despite a late pullback during the American ...See all stories on this topic »
Forex: EUR/AUD trims gains in America, approaches to 1.4200
Source: www.google.com
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BOE hopes to launch two new schemes within asset purchase facility quantitative ease framework
The Bank of England has today announced that it hopes to launch two new schemes within its Asset Purchase Faciliity quantitative easing framework to help firms to get finance for working capital. The first scheme, the Secured Commercial Paper Facility (SCP), would be based on the central...
A few more comments hit the wires
More from Fed’s Fisher, says global economy still has “an awful lot of slack” and that the US Banking system has been pulled back from the brink of systemic risk. US Treasury’s Geithner has seen encouraging signs in credit conditions in recent weeks. EU’s Almunia says...
Dukascopy Afternoon Forex Overview - Oct 6 2009
Previous session overview The dollar dropped overnight Tuesday as the Reserve Bank of Australia hiked interest rates, the first G20 country to do so, putting added pressure on the low-yielding greenback. The rate hike comes at a time when U.S. interest rates are still ultra-low, making the dollar...
Regional stockmarkets lose ground
The Taiwanese exchange is down over 3%, the Kospi is down over 1% and all other exchanges are down by between 0.25%/0.5% on a day dominated by risk aversion related to geo-political events in Iran and North Korea. The oil price dipped back below $72/bbl as fears of another economic slowdown...
The Forex Week Ahead: Cable To Snap?
Weekly Trade Plans on the majors show separation between the pairs; cable and aussie long, euro, swissy and cad to range trade, and buyers coming into the ... See all stories on this...