The news has hit EUR/USD pretty hard, selling off below 1.4600, presently at 1.4580
EU’s Almunia says eurogroup will discuss euro appreciation, to prepare position for G7
Source: www.forexlive.com
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Pimco all over the wires, talking their book
El-Erian and Gross are tag-teaming, running for the cameras to tell the markets that the economy still sucks. When you are long $1 trln in bonds (that’s their job), what else would you expect. US 10-year notes are now around 3.85%, a level where Gross said he would be a buyer around a week...
Earnings Roundup: F, PG
Ford Motor Company (F) reported a profit of $13.62 billion, or $3.40 per share in the fourth quarter, representing the eleventh straight quarter...
Protests against Putin sweep Russia as factories go broke
From Vladivostok to St Petersburg, Russians are taking to the streets in anger over job losses, unpaid wages and controls on imported...
Do you know who is managing your money?
As investors look for guidance in these troubled markets, one question can’t be avoided: Whom can you trust? During boom times, it was easy to hire a financial adviser and jump in the market. Now the market is in chaos and thousands of investors have been devastated by fraud, with Madoff...
EUR/JPY: 135.91 low so far
The pair is having some trouble bouncing and is still hanging around 136.00. AUD/JPY is also lower, currently at 77.25, not helped by comments across Reuters by PM Rudd saying that unemployment is going to...