U.S. Forex Market Commentary
Sunday, February 7th, 2010 Posted in Forex News | No Comments »EURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3585 level and was capped around the $1.3745 level. It was a very volatile day in the global financial markets as traders ...
Investors Wait More Fundamentals and Earnings from the World’s Largest Economy!
Sunday, February 7th, 2010 Posted in Forex News | No Comments »The world’s largest economy is seemingly recovering from the worst recession since WWII, where so far several economic sectors have been showing that activity is either stabilizing or even rising in some sectors, though the pace of recovery remains somehow ...
Following Central Bank Rate Decisions Comes Economic Reports from UK and Euro Zone
Sunday, February 7th, 2010 Posted in Forex News | No Comments »After a busy economic week in Europe as the BoE and ECB interest rate decisions were announced, in which we saw both central banks leave them steady at a historic low of 0.50% and 1.00% respectively. This week, we see ...