Sterling Steadies

Tuesday, 19 April 2011 12:23

Sterling steadied on Tuesday after the currency came under pressure Monday on speculation that Greece would need to restructure its debt in the near future.

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Euroland bourses recover, but for how long?

Tuesday, 19 April 2011 11:11

Most Euroland exchanges are slightly up in early trading, FTSE, DAX and CAC are all positive

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Euro falls to new lows

Tuesday, 19 April 2011 09:38

The euro could see new lows against the dollar after dropping below major support yesterday after trading below $1.4275

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CNY NDF and CNH Markets

Tuesday, 19 April 2011 07:22

USDCNY fix come out only slightly higher than the historical low on Friday. Chinese names are the main the buyers mainly due to lack of offers when Euroland went into a spin. Most traders prefer the carry and will sell into the rally in 1yr between 6.3900 and 6.4000 given the chance of more tightening measures […]

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Ireland won’t default says PM

Monday, 18 April 2011 09:56

Irish, Greek and Portuguese bonds fell today amid mounting speculation Greece will have to restructure its debt as too many it is the only way to survive.

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