Category Archives: News

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 →

The Euro gained 0.4 percent last week, hitting $1.2334, and there are strong positive signs that the common currency will continue gaining over the next few months. Continue reading →

Speaking from Canada on Thursday after a brief summer vacation, German Chancellor Angela Merkel reconfirmed her intention to work towards the preservation of the euro no matter what the cost. Continue reading →

The US dollar hit a one-month high against the Japanese yen during Thursday’s Asian session, rising to 79.15, as investors anticipate the slowing of the Fed’s economic stimulus plans, a forecast which comes in advance of Thursday’s US building and housing report. Continue reading →

According to statistics published on Tuesday, economic activity in the European Union declined at an annualized rate of 0.7 percent in the second quarter of this year, following a similarly brutal first quarter. Continue reading →

The close of Wall Street on Monday saw stocks edging slightly lower, ending a six-day run that had been most welcome in this volatile summer. Continue reading →