Canadian Dollar keeps steady after weak Retail Sales

Tuesday, 21 June 2011 04:14

Canadian reports of Economic Activity on Core Retail Sales, Retail Sales and Leading Index were released just minutes ago. The Canadian Dollar didn’t see much of a mainstream after the important announcements.

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Euro drops after German report

Tuesday, 21 June 2011 12:18

ZEW released Germany’s Economic Sentiment with a dramatic drop as it stands at -9.0 from previous 3.1. A fall was expected as forecast for Sentiment was analysed at around -1.7.

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Public Sector Net Borrowing released at good pace

Tuesday, 21 June 2011 12:03

U.K Public Sector Net Borrowing value came out a few minutes ago. The release was better than economists expected. 15.2 billion pounds is the amount of the Net Borrowing for May, while investors were expecting a release of 16.1 billion pounds. April’s Public Sector Net Borrowing was released ay 7.7 billion pounds.

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Euro/Dollar skyrockets

Monday, 20 June 2011 05:00

Greek payment plan was delayed by the troika, so long until Greece settles some austerity measures; to which Juncker claims confident that Greece will not deny.

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Greek payment delayed yet again

Monday, 20 June 2011 12:41

EUR/USD starts the week with a downward spiral, resulting from the failure of agreement amongst the European leaders about the Greek bailout plan. Decision has been delayed up until July, whether or not Greece will receive the 12 billion euros as part of the 110 billion euros given to Greece in last year’s crisis.

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