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FX market in choppy consolidation
The USD is maintaining its gains from Friday night and it seems to have the momentum on its side at the moment. We may have to wait for Europe to come in before we see any major moves as Asia is doing it’s usual consolidation. The most likely big move would be if USD/JPY can break...
FOREX-US dollar up versus euro, yen after Treasury auction
By Vivianne Rodrigues NEW YORK, June 10 (Reuters) - The US dollar rose against the euro and the yen on Wednesday after the government sold $19 billion in ... See all stories on this...
West Lb denies was in danger
West LB, the German bank, denies it nearly went bust over the weekend (of course). Reuters reported earlier today that the Bank received an additional EUR 4 bln in guarantees from the state and other owners. Whether or not a failure was imminent, it is a reminder that European banks have done less...
Megaworld Corporation (MEG) Poised For Another 10% Drop
2010 was a marquee year for Andrew Tan’s flagship company Megaworld Corporation or MEG in the Philippine Stock Exchange as it was able to...
What’s In The News: January 12, 2012
This is what’s in the news for Thursday January 12, 2012. The Wall Street Journal reports U.S. energy firms are pumping so much natural gas...