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.
Read MoreEuroland 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
Read MoreEuro 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
Read MoreCNY 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 […]
Read MoreIreland 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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