Australia skyrockets to a 29 year high
Last Updated on Monday, 28 March 2011 05:54 Written by Elena Rajkovic Monday, 28 March 2011 05:54
The Aussies reached a 29 year high price of 1.0330 against the American Dollar earlier today. A positive attitude seems to prevail so more good news is expected for AUD/USD. The pair is currently trading at 1.0276
Euro Struggles after German Election
Last Updated on Monday, 28 March 2011 01:20 Written by Elena Rajkovic Monday, 28 March 2011 12:54
Angela Merkel suffered a crushing defeat in Baden-Württemberg, which plays against her leadership roles even though it was just a local vote. This caused the Euro to slip as it opened on Monday starting the new week in Asian trading.
Radioactive Japan
Last Updated on Monday, 28 March 2011 11:47 Written by Elena Rajkovic Monday, 28 March 2011 11:47
Nuclear radiation figures in Japan are over the top with the radiation levels reaching more that a 100,000 times above normal
Portuguese two notch downgrade causes Euro to sink
Last Updated on Friday, 25 March 2011 09:11 Written by Elena Rajkovic Thursday, 24 March 2011 11:21
Portuguese politics weigh the Euro down as the currency falls by 0.6% against the Dollar to a four day low at 1.4069. Moodys downgraded Portugal from A1 to A3 and outlook seems weaker for economic growth.
British Inflation Jumps
Last Updated on Wednesday, 23 March 2011 02:41 Written by Elena Rajkovic Wednesday, 23 March 2011 02:11
British inflation moved upwards in February by 0.4% from 4.0% to 4.4%.





