The European Central Bank (ECB) has announced the resignation of key ECB official, Jürgen Stark. The Bank said in the...
Jürgen Stark Resigns From Position at ECB
Source: feedproxy.google.com
Read more...
Dukascopy Morning Forex Overview
Previous session overview The U.K. pound fell sharply in Asia Tuesday, dragging the euro down with it, due to reported remarks by a senior official at Fitch Ratings that the U.K. is most at risk among major economies of losing its AAA status. Fitch’s co-head of global sovereign ratings David...
ECB’s Constancio: No swift dollar fall; would be undesirable
Portuguese central banker Constancio repeats that he does not see a swift dollar fall ahead and says it would be undesirable if it occurred. He made similar comments last week, but there has been a swift dollar fall since then! He adds the US needs a gradual rise in its savings rate to adjust...
FOREX-Dollar slides as Russia shifts currency view
By Gertrude Chavez-Dreyfuss NEW YORK, June 16 (Reuters) - The dollar slid across the board on Tuesday, pressured by comments from Russia suggesting a need ... See all stories on this...
GBP/USD Deflects Off our 3rd Tier Trend Lines
By Fast Brokers - The Cable is deflecting off our 3rd tier uptrend and downtrend lines as the S&P futures battle their...
Cable extends rally
Cable is seeing acclerated gains this morning, presently at 1.6140. Buy stops are said to have been triggered on breach of 1.6100. Sterling is being bolstered by improving housing data and by the fact PM Gordon looks safe for now. There is also al ot of speculation that sterling is being boosted by...