The European currency hits a new high of 14 months

Wednesday, 6 April 2011 03:28

The Euro continues to appreciate making a new 14-month high against the American currency, boosting it to 1.4315. Analysts remain positive believing the currency could peak even higher at 1.4320 and 1.4356…

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US markets closed flat overnight

Tuesday, 5 April 2011 07:27

US markets closed flat overnight as M&A activity helped indices eke out small gains ahead of first quarter reporting which starts next week.

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RAND (ZAR) Falls against the Euro and US$

Monday, 4 April 2011 06:40

Rand (ZAR) drops against the Euro and US$ on the back of expected EU rate hikes later this week

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Gfk 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..

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Euro Struggles after German Election

Monday, 28 March 2011 12:54

Angela Merkel suffered a crushing defeat in Baden-Württemberg, which plays against her leadership roles even though it was just a local vote. This caused the Euro to slip as it opened on Monday starting the new week in Asian trading.

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