The market is bailing out of euros now," said Brian Dolan, chief currency strategist at Forex.com in Bedminster, New Jersey. "The view here is that these ...
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Source: www.reuters.com
The market is bailing out of euros now," said Brian Dolan, chief currency strategist at Forex.com in Bedminster, New Jersey. "The view here is that these ...
See all stories on this topic
Both the Nikkei and the Kospi are up around 0.5% on the...
Today we found ourselves hitting support just as the London market opened while were were still in the midst of a solid 4hr/daily downtrend on cable and the yen pairings. While there is no reason to think the downtrend is over, the charts were certainly showing many clues of needing to hit some...
Thursday afternoon dealers relayed good interest to sell EUR/USD on the rally above 1.4150. Today they say they are selling from the 1.4030s. EUR/USD has fallen back toward 1.4000 despite a continued rebound equities and a bounce back in oil prices. The S&P is down just 3 points on the day...
Obviously all is not well in the state of Belgium. The Belgian central bank has; cut the GDP growth forecast for 2009 to -3.5% from -1.9%, which would be the worst on record sees a 2009 budget deficit of 5.5% of GDP sees a short period of negative inflation this year and has lowered the annual...
The National Australia Bank monthly survey showed that business confidence is rising but this has yet to translate into improved trading conditions. The monthly survey fell 4 points to...