By Katie Martin LONDON (Dow Jones)--The dollar has built on recent gains in European trading hours Monday, although sterling's post-election stumble has ...
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WORLD FOREX: Dollar Stands Firm; Politics Pressure Pound
Source: online.wsj.com
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IMF Approves More Funding for Greece’s Bailout
Good news for Greece and the Euro zone. The International Monetary Fund has just approved 28 billion euros in funding for the cash-strapped...
Dukascopy Morning Forex Overview - Oct 14 2009
Previous session overview The euro rose to a 14-month high against the dollar in Asia Wednesday amid the broad greenback weakness due to growing expectations the Federal Reserve will keep interest rates low for at least the next year. The yen also rose against the U.S. unit and the two currencies...
UK retail sales in May -0.8%, YoY
This comes on the back of a very strong retail sales number last month but when one delves a little deeper into the figures, one sees a very weak April 2008 figure which made April 2009 look good and similarly a strong May 2008 result has dropped off and this makes May 2009 look bad. Lies, damn...
Are the big wigs purposely allowing the euro to get kicked?
Hi, me again. Another goofy novice question. It appears that there will be possible good news coming out of eurozone, with some German Data. at 8 gmt. Are big players allowing Euro to flow down, in order to reap bigger profits at newstime on the way back up? The euro has been getting punished and...
Analyst Moves: MS, SNV
Morgan Stanley (MS) was downgraded today by Deutsche Bank (DB) from buy to hold with a price target of $22, due to a mixed macro outlook. Shares...