Reports that the US Treasury is preparing to announce today that it will let 10 US banks buy back government shares is helping boost risk appetite, which is benefitting likes of euro, sterling, aussie and canadian dollar.
Risk sentiment helped by reports 10 US banks to repay TARP
Source: www.forexlive.com
Read more...
Speculation over early Tarp repayment boosting risk sentiment
It is always interesting to see which story grabs the markets attention in early New York trading and with the market in recent weeks in optimistic mode, maybe it should come as no surprise that the news that the US Treasury is hoping that ten banks can repay their Tarp funds early, is adding to...
Dollar at crossroads ahead of policy meetings
The dollar stands at a critical juncture as investors await policy decisions from three of the world’s main central banks this week. The Federal Reserve delivers its verdict on monetary policy on Wednesday, while the European Central Bank and the Bank of England give their verdicts on...
Geithner to urge forex flexibility in China
Reuters WASHINGTON (Reuters) - US Treasury Secretary Timothy Geithner will discuss with top Chinese officials how to boost global economic growth as well as the ... See all stories on this...
Forex Market Update: US Dollar Gives Back, Reserve CurrencyTo Be ...
The dollar came back under pressure during the European morning after Russia indicated that global currency reserves would be discussed at the BRIC meeting. ... See all stories on this...
Greek Forex Broker — Forex Blog
I guess it's the first Greek Forex broker that I've seen. There were many from Cyprus, but though culturally related Cyprus isn't Greece. Is there anything else interesting about this broker? Not much, they are quite average and in some ... Forex Blog -...