Sterling dropped after Current Account
Last Updated on Tuesday, 28 June 2011 12:16 Written by Elena Rajkovic Tuesday, 28 June 2011 12:16
U.K’s Current Account was recorded with a deficit of 9.4 billion Pounds in the first quarter of 2011. Economists were widely off, as predictions were expected at 5.0 billion Pounds; whereas a 10.5 billion Pounds was previously recorded quarter.
Euro holding positive attitude prior to Greek Vote
Last Updated on Tuesday, 28 June 2011 10:26 Written by Elena Rajkovic Tuesday, 28 June 2011 10:26
Yesterday’s trading session had the Euro struggling to gain strength against the U.S Dollar. Today’s session is looking better for the Euro, as EUR/USD is maintaining a positive attitude before Greece’s next Parliament Vote.
U.S Consumer Spending
Last Updated on Monday, 27 June 2011 04:56 Written by Elena Rajkovic Monday, 27 June 2011 04:55
United States Core Personal Consumption Expenditures Price Index was released earlier today, at a better rate than generally expected.
U.S Durable Goods at 1.9%
Last Updated on Friday, 24 June 2011 04:44 Written by Elena Rajkovic Friday, 24 June 2011 04:44
U.S Durable Goods unexpectedly rose more than predicted in May to 1.9% as the U.S economy Gross Domestic Product grew this quarter.
Euro boosting after German Ifo
Last Updated on Friday, 24 June 2011 11:58 Written by Elena Rajkovic Friday, 24 June 2011 11:58
The Euro spiraled downwards after its highs at the 1.44 line earlier this week, to go back to its 1.4200 trading. German Ifo rose to 114.5 in June unexpectedly from 114.2 in May.
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