The Banca Nationala a Romaniei kept its key monetary policy interest rate unchanged at 6.25%. The Bank said: “Disinflation is...
Romania Central Bank Keeps Rate at 6.25%
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GBPUSD stays in a rising price channel
GBPUSD stays in a rising price channel and remains in uptrend from 1.5296. Further rise to test 1.5997 (Aug 6 high) resistance would more likely...
Pioneer Natural Acquires Carmeuse Industrial Sands Unit For $297 Million (PXD).mp4
Pioneer Natural (NYSE:PXD) announced that it was acquiring Carmeuse Industrial Sands unit in a deal valued at $297 million.Pioneer Natural expects...
Dukascopy Afternoon Forex Overview - Sept 08 09
Previous session overview The euro and other higher-yielding currencies traded sharply higher against the dollar Tuesday as risk appetite returned to the foreign exchange market with vengeance. The euro broke above USD1.4500 early in New York, its highest level since Dec. 18. With the single...
Dukascopy Afternoon Forex Overview - Sept 07 09
Previous session overview Renewed merger-and-acquisition activity and a weekend pledge by the world’s most powerful economies to push on with fiscal and monetary stimulus boosted equity markets and high-yielding currencies Monday, leaving the dollar on the defensive. Risk remained the driving...
EUR/JPY still under pressure
Not much respite so far for the cross, currently down at 136.15. Dealers tell me that there are lots of stops on the 135 handle, particularly under 135.20, if the fall continues. USD/JPY bids are reported at 97.25/50 but that’s a ways off...