12.85Currencies (FOREX)
last updated: Mar 15 2010 1:37 AM
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- US Dollar Rises on Safety Demand as China’s PM Wen Warns of “Double Dip”
The US Dollar gained against most major currencies in Asian trade with safe-haven flows boosting demand for the greenback as stocks declined after China’s Prime Minister warned that his country may experience a “double dip” this year.
- Opening Comment 03.15
Currencies have been in the process of consolidating recent moves, with most tracking lower against the buck in early trade Monday.
- Overnight Interest Rate Update 03.15.10
- New Zealand Service Sector Gains Momentum on New Orders, Sales Growth
- UK House Price Growth Slows for First in Thirteen Months, Says Rightmove
Fxtraders.eu - Forex News
FXtraders.eu - forex news
last updated: Mar 15 2010 1:55 AM
- Euro Rallies as Growth Prospects Improve, British Pound Extends Rebound
The Euro extended the advance from the previous day and rallied to a fresh weekly high of 1.3795 during the overnight trade as the economic docket reinforce an improved outlook for the region. Meanwhile, EU President Jean-Claude Juncker acknowledged that ...
- European Market Update: Press speculation of a pending €55B deal on a Greek bailout propels risk appetite; tough rhetoric rising out of China on US export desire
Markets in Europe opened on a mixed but cautious tone. Sentiment from Asia (ex-Japan) was negative on speculation that China may further tighten policy. Core European bourses ope...
- BFI: Currency market commentary
EURUSD Due to quick reaction of demand from support at 1.3690 this currency rate is targeting at firm resistance 60 pips higher but now the market is oscillating around 1.3730. So Today we suggest opening longs from 1.3690 with a stop loss order ......
- KBC: Polish dovish talk continues
The Czech koruna outperformed other regional currencies, notably the zloty, as the Czech statistical office revised GDP figures. The Statistical Office revised its GDP growth figure for the fourth quarter of last year from a preliminary quarter-on-quarter...
- Asian Market Update: Plans by China to crack down on property market speculation weighs on Shanghai and Hong Kong shares, while USD/JPY was supported by comments out of Japanese officials
China: Following the higher than expected rise in China's Feb housing prices, a state media report disclosed that the Chinese government would launch a 5-month campaign (from March to July) to crackdown on illegal speculation in the land market. The ......