11-month high for Euro
Monday, 11 April 2011 11:51
One of the strongest currencies prior to the natural disaster seems to be falling quietly after the G7 intervention almost a month ago. G7 meeting managed to sustain its main goal of containing the currency’s rise, as the yen fell lower against the Aussie currency forex trading.
Read MoreOvernight and weekly wrap up
Saturday, 9 April 2011 11:53
Overnight in the US treasuries and stocks dropped lower as inflation expectations surged and the markets continue to believe the Fed will lag behind other central banks in raising rates. As of this writing the US government has finally reached an agreement and agreed to cuts totally almost 38 billion dollars, the largest cuts […]
Read MoreGold gaining its power, PPI results higher than expected
Friday, 8 April 2011 03:02
After a long period with articles such as ‘Gold is losing its shine’, Gold is back with new high in the past four days raising at about 4.5% in less than a month..
Read MoreEuropean stocks rose in early trade on Friday
Friday, 8 April 2011 10:58
European stocks rose in early trade on Friday, off the back of the European Central Bank’s decision to raise interest rates helped fuel optimism over the health of euro zone economy. The FTSE, DAX, CAC and IBEX were all up over 0.75% in early trading.
Read MoreThe 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.
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