Toyota US operations to shut down
Tuesday, 5 April 2011 07:30
A spokesman for Toyota’s U.S. manufacturing operations said Monday that it is inevitable the auto maker will have to shut down temporarily all of its North American factories.
Read MoreEuro inflation spikes to 2.6 percent
Thursday, 31 March 2011 02:06
The central bank’s target to keep inflation lower than 2 percent isn’t looking promising as inflation jumped very high for the European currency, a lot higher than the year before and a lot higher than anticipated, to 2.6 percent..
Read MoreThe Japanese currency depreciates to almost a Year low.
Wednesday, 30 March 2011 11:52
The Japanese yen declines to a 10-month low against the Euro dropping to 116.77 after battling with 116.96 but failing to subdue. This is the weakest that the Japanese currency dropped since May 2010.
Read MoreDollar is Flying, while Yen is looking delicate
Tuesday, 29 March 2011 04:33
Bullard’s discussion in Prague boosts the US Dollar. Useful information for forex traders. EUR/USD was trading at 1.4127 from the time of the previous post and is now trading at 1.4059, resulting in the depreciation of the Euro. As well as the GBP/USD trading at 1.5970..
Read MorePortuguese two notch downgrade causes Euro to sink
Thursday, 24 March 2011 11:21
Portuguese politics weigh the Euro down as the currency falls by 0.6% against the Dollar to a four day low at 1.4069. Moodys downgraded Portugal from A1 to A3 and outlook seems weaker for economic growth.
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