US stocks rallied as encouraging signs on the economy
Friday, 15 April 2011 06:56
US stocks rallied as encouraging signs on the economy overshadowed poor corporate earnings reports. The FED reported that factories increased production for the ninth straight month.
Read MoreSome analysis believe the euro may fall
Thursday, 14 April 2011 12:46
Some analysis believe the euro may fall below $1.40 after recent gains made it close to 20 percent overvalued in terms of purchasing power.
Read MoreEuro continues to strengthen against the Dollar
Thursday, 31 March 2011 01:22
The Euro has continued to strengthen against the dollar after inflation figures were above the ECB 2% limit for the forth month in a row. Trading to levels of 1.4224 were seem, inflation numbers in the 17 nation region are around 2.6% and have risen at the fastest pace since 2008
Read MoreGfk German Confidence Index
Tuesday, 29 March 2011 12:13
Following Merkel’s defeat in an important region of Germany resulting the Euro to drop, and a speech by Trichet which made the Euro to rise slightly against the Dollar to 1.4095, more news appear to affect the currency..
Read MoreVolatile Japanese Currency, US Dollar Frail
Tuesday, 22 March 2011 01:07
Despite the nuclear chaos in Japan, the currency is still holding strong trading at approximately 80 to 81.27 with the US Dollar making the American currency persistantly fragile.
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