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…
Read MoreUS 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.
Read MoreRAND (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
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 MoreEuro 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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