A busy week
From Currencies Direct blog, 5 months ago Similar articles
Last week saw significant risk aversion played out as stock markets dropped dramatically where as this week looks a little firmer. Articles in the Italian media suggest that the International Monetary Fund (IMF) is preparing a ?600 billion deal for Italy in the event of deterioration in the debt crisis- this could provide market support in the early part of the week. Further support may also come from reports in Germany that German Chancellor Merkel and French President Sarkozy are putting...
Currencies Direct blog
Bad Week for Loonie in Spite of Some Good News
From Top Forex News, yesterday, Similar articles
The Canadian dollar had a pretty bad week as talks about the European debt crisis plagued the Forex market, driving traders away from riskier commodity currencies.(...)Read the rest of Bad Week for Loonie in Spite of Some Good News (150 words) Posted on Forex News.
Pound to Euro, US Dollar exchange rate: The Pound declined against the Euro, falling back towards 1.2450
From TorFX daily insight, 2 days ago, Similar articles
The Euro plunged to a fresh four-month low against the U.S Dollar, extending declines to a third straight week, amid concern that the sovereign debt crisis is worsening Sterling / Euro and US Dollar exchange rates The Pound declined against the Euro yesterday, falling back towards 1.2450, while the UK currency slumped towards a new low under 1.58 versus the U.S Dollar, as global risk appetite weakened on the threat of contagion in the Euro-zone. The single currency fell to a new four month...
EUR Short Squeeze Too Far'
From Market Pulse FX, 3 days ago, Similar articles
This market needs to catch its breath after the selling pressure across currencies and the blood bath in equities this week. It can be rather monotonous to listen to the euphoric rants of the EUR bear. To date, it has been an unfair playing field. They have all the negative ammunition. For the bulls, it seems they have to wait for that squeeze going just a wee bit too far to the left. Risk markets, especially commodities, are very oversold after a dozen or more down days caught in a one...
A Greek exit would have huge implications for the Eurozone
From TorFX daily insight, 3 days ago, Similar articles
Over the past week ?700 million has been withdrawn from Greek banks as many investors are looking to transfer funds out of Greece Political leaders in Greece have failed to form a coalition government signalling fresh elections next month. Just over a week ago an inconclusive general election saw voters reject the established political parties in favour of anti-austerity movements on both sides of the political spectrum. Exit polls suggest that the leftwing SYRIZA party led by Alexis Tsipras,...
How Facebook Can Live Up To The Hype
From Planet Money, 4 days ago, Similar articles
by Lam Thuy Vo Facebook will be valued at about $100 billion when it goes public this week. What would it take for that valuation to be justified' As we noted yesterday, the value of a typical big, public company is 15 times the company's annual profit. So a company valued at $30 billion would typically...
PayPal and Coinstar Test a New Way to Help Consumers Unleash the Power of Cash and Coins
From The PayPal blog, 4 days ago, Similar articles
While many of our competitors are focused on the mobile wallet'at PayPal we're busy bringing our users an array of commerce solutions in both the online and offline worlds. We are doing this from your PayPal account online, to connected devices like Xbox, using PayPal in-store at The Home Depot and of course, the smartphone. In short, we're making money work better in today's multi-channel shopping environment. It's time to ?think outside the phone,? so to speak. The latest example' PayPal...
News: Trager Outbound Briefcase
From Forex Trading Market World, 5 days ago, Similar articles
These bags are designed specifically for busy professionals and students who need supreme organizational amenities in a rugged, long-lasting brief All of our briefs come with numerous pockets and pouches that were designed to hold just about everything from keys and calculators to books and binoculars Wide, comfortable shoulder-straps for the convenience of hauling heavy loads Padded back, bottom & sides -Materials: High density...
Pound to Canadian Dollar Forecast ? The Pound had registered gains against the CAD in six of the seven sessions leading up to the release of last Friday afternoon's Canadian employment figures
From TorFX daily insight, 5 days ago, Similar articles
The start of this week’s session has seen GBP CAD on the front foot once more, as investors’ concerns over the Greek debt crisis escalate. Foreign Currency Market Update – GBP / CAD Update The Pound had registered gains against the CAD in six of the seven sessions leading up to the release of last Friday afternoon’s Canadian employment figures, taking the GBP CAD exchange rate to 1.6206, its highest level in five and a half months. Analysts had anticipated that the...
Pound to South African Rand Exchange Rate Forecast ? The GBP ZAR exchange rate has surged during the past week
From TorFX daily insight, 5 days ago, Similar articles
Last week’s comments from South African Reserve Bank Governor Gill Marcus, stating that there is ‘limited, if any, room’ for domestic interest rate cuts in the short-to-medium term due to persistently high levels of South African inflation, have reaffirmed the Rand’s position as one of the most risk-sensitive currencies in the global economy. Foreign Currency Market Update – GBP / ZAR Update The GBP ZAR exchange rate has surged during the past week, making gains...
Weaker than anticipated New Zealand labour market figures, released in the middle part of last week's session, caused pronounced selling pressure on the Kiwi Dollar.
From TorFX daily insight, 5 days ago, Similar articles
Weaker than anticipated New Zealand labour market figures, released in the middle part of last week’s session, caused pronounced selling pressure on the Kiwi Dollar. Foreign Currency Market Update – GBP / NZD Update Weaker than anticipated New Zealand labour market figures, released in the middle part of last week’s session, caused pronounced selling pressure on the Kiwi Dollar, taking the GBP NZD exchange above the 2:1 level for the first time since the 2nd January. The job...
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