The euro sold off from highs
Friday, 8 April 2011 08:21
The euro sold off from highs after the European Central Bank’s widely expected interest rate rise and a broad sell-off in the yen stalled.
Read MoreAsian stocks consolidated Friday
Friday, 8 April 2011 08:19
Asian stocks consolidated Friday, edging up despite a strong aftershock that jolted northeastern Japan, the region that endured vast destruction following a major earthquake last month.
Read MoreChina Increases Domestic Fuel prices
Thursday, 7 April 2011 08:04
China has raised retail fuel prices for the second time this year after oil’s advance to a 30-month high undermined the government’s efforts to cap costs.
Read MoreDemand for Precious Metals Strengthens
Wednesday, 6 April 2011 04:55
Gold gains again in London and New York as investors bought the metal on concern that global interest-rate increases will reduce growth and of the back of that the dollar slumped against the euro.
Read MoreJapanese currency falls, while Euro appreciates
Wednesday, 6 April 2011 12:16
After the earthquake, tsunami and G7 meeting on the ‘Yen problem’ about a month ago the Japanese currency is continueously declining heavily hitting lows against all major currencies. JPY hit an 11-month low against EUR trading at 121.91 EUR/JPY, and is still falling persistently – currently trading at EUR/JPY 121.28..
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