Yearly Archives: 2012

Following its decline at the end of last week, the Euro remained low during Monday’s Asian session, as investors waited anxiously for reports about German business confidence which are due out later today. Continue reading →

The euro snapped a four-day advance against the dollar as Greek Prime Minister Antonis Samaras prepared to meet with his German and French counterparts to ask for more time to meet economic targets. Continue reading →

The US Dollar weakened versus all major currencies after minutes of the FOMC Meeting showed that officials are getting ready to add more stimulus if the economy doesn’t show signs of expansion . Today, the Initial Jobless Claims are expected with 365K versus 366K previously and New Home Sales are expected with 363K versus 350K previously. Continue reading →

Wall Street exchanges closed the trade last night with a red candle, in light of the investors’ expectations of finding hints regarding the FED’s protocol about to be published today, signing a decision to stream a third quantitative easing program (QE… Continue reading →

Asian stocks headed for a 3 month high on Tuesday as investors await this week’s US housing and durable goods reports, both of which are expected to show that the country’s economic status is gradually improving. Continue reading →