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Foreign exchange market news
Foreign Currency Supermarket: Mixed reports from the Eurozone
http://foreigncurrencysupermarket.blogspot.com/2009/06/mixed-reports-from-eurozone.html
Foreign exchange market news. Monday, 22 June 2009. Mixed reports from the Eurozone. Looking at the markets this morning the euro has started on the back foot. The reason for the fall in the euro is due to banking fears again creeping into the scene. The European Central Bank has warned that the region may face another €283 billion of losses by the end of next year and it seems that the skeletons are still appearing for. But has not helped the euro gain as the market takes that data with a heavy pinch of...
Foreign Currency Supermarket: Mixed data leads to range trading
http://foreigncurrencysupermarket.blogspot.com/2009/06/mixed-data-leads-to-range-trading.html
Foreign exchange market news. Friday, 19 June 2009. Mixed data leads to range trading. The currency markets settled into range trading yesterday as mixed market data continued to cloud the outlook for global economies. In other news, German producer prices came in as expected and EU leaders stated that further budget stimulus was not warranted at the present time. Leaders also backed the reform of financial supervision following news from the. Figures from yesterday showed that. Was not dented on the new...
Foreign Currency Supermarket: June 2009
http://foreigncurrencysupermarket.blogspot.com/2009_06_01_archive.html
Foreign exchange market news. Tuesday, 23 June 2009. World Bank downgrade snaps the recent risk driven rallies. The USD was also boosted as a safe have port by comments from Moody’s that the triple-A rating is safe; risks to the rating would arise if the government is unable to bring a downward trajectory on debt and if the US dollar is challenged as the main reserve currency. Mortgage approvals came in better than expected, however net lending was down. Report by Phil McHugh. Posted by Justin Page.
Foreign Currency Supermarket: Risk Aversion Returns
http://foreigncurrencysupermarket.blogspot.com/2009/04/risk-aversion-returns.html
Foreign exchange market news. Monday, 27 April 2009. So far today we have seen the Hometrack housing survey from the UK (down 0.3% but maintaining the better trend) and the May German consumer climate survey, a forward looking indicator, which came in better than expected along with an upward revision to April’s number. No reaction from exchange rates to either release. Posted by Justin Page. Subscribe to: Post Comments (Atom).
Foreign Currency Supermarket: Surprise drop in UK retail sales
http://foreigncurrencysupermarket.blogspot.com/2009/06/surprise-drop-in-uk-retail-sales.html
Foreign exchange market news. Thursday, 18 June 2009. Surprise drop in UK retail sales. Dipped sharply on the news against across the markets dropping a full cent against the US dollar and 0.6% against the euro. On to regulation…Alistair Darling in his speech called for banks to focus on long term wealth creation and not short term profits, noting that the process of learning has to start in the boardroom- this is fine rhetoric but can it be assured? Report by Phil McHugh. Posted by Justin Page.
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foreigncurrencysupermarket.blogspot.com
Foreign Currency Supermarket
Foreign exchange market news. Tuesday, 23 June 2009. World Bank downgrade snaps the recent risk driven rallies. The USD was also boosted as a safe have port by comments from Moody’s that the triple-A rating is safe; risks to the rating would arise if the government is unable to bring a downward trajectory on debt and if the US dollar is challenged as the main reserve currency. Mortgage approvals came in better than expected, however net lending was down. Report by Phil McHugh. Posted by Justin Page.
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