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Euro Weakness Looking To Hold
by admin
21 May 2012 at 12:33pm
On the Forex markets this morning the Euro around was struggling to regain a foothold beyond the $1.27 area against the Dollar. Staying virtually unchanged from its level on Friday, the dollar at 1.2692 euro (+ 0,08%). A low of 1.2642 dollars was hit this morning, against a peak at 1.2708. No significant movements to report against the ye Read more ...
Euro Down Slightly After Weekend On Spain Worry
by admin
1 May 2012 at 4:41am
Yesterday the euro was down slightly compared to the U.S. dollar, 1.321 to 1.325 dollars compared to last Friday, particularly affected by the disturbing news growing on Spain. The Spanish economy has again contracted by 0.3% in real terms in the first quarter 2012 compared to the last of 2011, according to the National Statistics Institu Read more ...
Euro Stability Still A Concern On Forex Markets
by admin
24 Apr 2012 at 8:13am
Parity between the euro / dollar is now almost perfectly balanced on the currency market: at around 13:00 hours, the euro was trading at 1.3156 (- 0.01%). Slightly increased towards the yen to 106.9. Nothing to report in the forex market on the state of the euro / Swiss franc, which is stable at 1.2021. ‘We expect fu Read more ...
Euro Mixed Against All Other Majors
by admin
18 Apr 2012 at 7:53am
The single currency was losing again today, dropping below $1.31 (EUR/USD) on Wednesday afternoon, amid persistent doubts about the sovereign status of Europe. At this time, the euro yield is 0.42% against the greenback at 1.3073 dollars per euro. The IMF reviewed yesterday, downgrading its growth forecast for Spain in 2012, which shows a Read more ...
Fed Keeps Rates Low ? Euro Seems Without Trend
by admin
14 Mar 2012 at 6:40am
The single European currency remained without a major trend against the U.S. dollar in the wake of a highly anticipated meeting of the Monetary Policy Committee of the Fed, whose tone lately has been quite positive for the Dollar. The Euro dropped yesterday afternoon from 0.04% to 0 Read more ...
Bernanke comments causes sell off
by Tom
1 Mar 2012 at 4:55am
Market sentiment received a bit of a boost yesterday when the results of the ECB?s long-awaited second long-term liquidity operation (LTRO) showed strong demand for the cash from European banks. The ECB lent 800 banks ?529.5 billion, somewhat above the ?450 billion that the market had been anticipating and the ?489 billion lent to 523 fi Read more ...
Euro firm however downside risks remain
by Tom
28 Feb 2012 at 8:36am
Today the euro remains firm versus the dollar and sterling, trading in relatively tight ranges despite the announcement from ratings agency Standard & Poor?s that it is cutting Greece?s long term credit trading to selective default. Such a move was already expected and indeed factored in, though yesterday?s comments from EU Commission Read more ...
Euro upside following Greek deal
by Tom
22 Feb 2012 at 9:34am
Having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal faded to be replaced by underlying concerns over growth and implementation risks, the euro has traded in a relatively tight range versus the dollar over the past 24 hours. Parliaments in three countries (Germany, the Netherlands and Finland) must now a Read more ...
Euro upside following Greek Deal
by Tom
21 Feb 2012 at 9:20am
The euro gained some ground in early morning trade briefly breaking through key resistance after eurozone finance ministers finally sealed the details of a second ?130 billion bailout package for Greece. There was also agreement on the details of Greek?s deal with private sector investors, who are now expected to take a haircut in excess of Read more ...
Euro sold as Greek Deal lingers
by Tom
16 Feb 2012 at 4:35am
The euro started yesterday with a firmer tone on the news that China would continue investing in euro debt and pledges from the Greek opposition Conservative Party to commit to tough austerity measures. This was before the latest twist in the on-going Greek debt saga saw renewed pressure on the single currency, which has fallen back to trade at Read more ...

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A Silver Primer
18 May 2012 at 2:21pm
Find out what affects the price of silver, the types of investments that can be made and the methods in which it is traded.
Quote Stuffing
21 May 2012 at 12:00am
Term of the Day for Monday, May 21, 2012
Channeling: Charting A Path To Success
18 May 2012 at 8:48am
Find out how to build these charts showing buy, sell, stop-loss and take-profit points, and even estimate length of trade.
Canada: A New Frontier For Real Estate Investors
18 May 2012 at 12:05pm
This property market is easy to access and provides profitable opportunities.
Manage Your Clients' Expectations
15 May 2012 at 9:15am
You can't control how they react to the market, but you can help them understand the reality of the situation.
Early Research Calls
21 May 2012 at 12:00am
New York, May 21st (TradersHuddle.com) - Research Calls ahead of the market open. Ross Stores (NASDAQ:ROST) was downgraded to a Hold from Buy at Canaccord Genuity. The firm set its target price of ...
EUR/USD Daily Outlook May 21, 2012
21 May 2012 at 12:00am
By: DailyForex.com The EUR/USD pair had a wild day on Friday as the G8 summit loomed. As it has done recently, the pair started out the day falling, only to bounce once the Americans were left a ...
GBP/USD Daily Outlook May 21, 2012
21 May 2012 at 12:00am
By: DailyForex.com The GBP/USD pair has had a roughly couple of weeks as the pair has lost over 400 pips in an almost straight shot down. The concerns of global slowdowns have traders buying the ...
USD/CAD Daily Outlook May 21, 2012
21 May 2012 at 12:00am
By: DailyForex.com The USD/CAD pair has been one that has been very good to the scalpers out there for some time. However, on Thursday we got a significant breakout in this market as the 1.01 le ...
Weekly FX Forecast May 21, 2012
21 May 2012 at 12:00am
By: DailyForex.com EUR/USD The EUR/USD pair continued to fall over the week, as the crisis in Europe continues to run the headlines around the financial world. However, with the G8 conference ...
Regal-Beloit Is Close to its 200 Day Moving Average
21 May 2012 at 12:00am
New York, May 21st (TradersHuddle.com) -Regal-Beloit Corporation (NYSE:RBC) closed the trading session at $58 near its 200 day moving average set at $57.272. Regal-Beloit's price action is just ab ...
Is Harman International Resistance Ahead?
21 May 2012 at 12:00am
New York, May 21st (TradersHuddle.com) - Harman International Industries, Inc. (NYSE:HAR) closed the trading session at $38.91, near its 200 day moving average set at $40.8002. Harman's stock acti ...
eBay Broke Support
21 May 2012 at 12:00am
New York, May 21st (TradersHuddle.com) - Shares of eBay Inc. (NASDAQ:EBAY) closed the trading session at $38.36 below calculated support at $39. The stock broke down technically, raising concerns as ...
Are the Bears Taking Control over Akamai?
21 May 2012 at 12:00am
New York, May 21st (TradersHuddle.com) - Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) ended the trading session lower by $0.65 or -2.2% from its previous close. Akamai's price action formed wha ...
Bears Appeared on Boston Scientific
21 May 2012 at 12:00am
New York, May 21st (TradersHuddle.com) - Shares of Boston Scientific Corporation (NYSE:BSX) ended the trading session lower by $0.12 or -1.89% from its previous close. Boston Scientific's price acti ...
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16 May 2012 at 5:00pm

A Brazilian Butt-Lift Workout (Fitness Guinea Pig)

14 May 2012 at 10:50am

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Currency Exchange Dunbartonshire News

INSIDE ASIA; A Change in the Asian Equation

31 Jan 2012 at 12:00am SINGAPORE -- Central bankers in Asia have yet another reason to hesitate now that the U.S. Federal Reserve looks likely to keep interest rates low for longer. Indonesia, Thailand, Australia and the Philippines have all cut interest rates at least once in the past three months to try to shore up economic growth, and many economists predict that...

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LETTER FROM EUROPE; The Move by Scotland to Go It Alone

17 Jan 2012 at 12:00am LONDON -- You are driving north. The highway skims by major cities -- Birmingham, Manchester -- until a barrier brings progress to a halt. A new international frontier straddles the road. There are passport checks, barbed wire revetments, currency exchange booths, customs controls, a gate reminiscent of Checkpoint Charlie in Cold War Berlin,...

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Afghanistan Widens Effort to Recoup Bank's Assets

4 Jan 2012 at 12:00am KABUL, Afghanistan -- The Afghan Central Bank said Tuesday that the government was stepping up efforts to recoup public money lost more than a year ago in the collapse of Kabul Bank, the nation's largest private financial institution. The development may hearten the Afghan government's international backers, like the United States, by showing that...

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Currency Updates

CurrencyUK

Public Sector Net Borrowing
by admin
21 May 2012 at 8:45am
The Net Borrowing released by the National Statistics captures an amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts). Generally speaking, if the Net Borrowing is negative, it means the UK Accounts are surplus, and that should be positive for the GBP. While a deficit is [...]
Euro claws back some losses
by alex
21 May 2012 at 12:43am
At the G8 summit this weekend, Greece’s political and economic upheaval, together with�the growing instability in Spain and Italy, were high on the agenda as leaders sought to�calm the situation. World leaders backed keeping Greece in the euro-zone and vowed to�take all steps necessary to combat financial turmoil while revitalising a global economy�increasingly threatened by [...]
Moody?s downgrades Spanish banks
by alex
18 May 2012 at 1:41am
The potential ?Grexit? is killing the markets as they run for safety in the last day of the week. Uncertainty is all over, and regardless of the new elections being held in June 17, investors still don?t want to risk it. Not only Greece is in trouble. 16 Spanish banks have been downgraded by Moody?s last [...]
Lower inflation expectations not good for GBP
by alex
17 May 2012 at 12:53am
The UK inflation report released yesterday showed that the MPC now expect two-year�inflation to be lower despite raising the near term projection. Their central inflation�projection for two years ahead is 1.6%, about 0.2% lower than in February. The growth�forecasts were also lowered in the near term reflecting a poor Q1 2012 and on-going�concerns regarding the [...]
Focus on Eurozone Politics continues
by alex
16 May 2012 at 1:25am
Greece continues to capture the headlines with agreement expected today on formation of�an interim Government and likely announcement of new elections as soon as 10 June.�Meanwhile the first meeting between Merkel and Hollande resulted in a joint statement�pledging commitment from both to keep Greece in the euro with introduction of ?growth�measures? subject to adherence to [...]
Currencies do not like political uncertainty
by alex
15 May 2012 at 1:27am
Political risk events continue to dominate in Europe. The political deadlock continues in Greece although a Greek exit was not discussed at the Euro group meeting held yesterday, nonetheless, suggestions that Greece will leave the euro gained momentum leading to the EU Commission issuing a statement hoping that Greece would remain part of the euro [...]
What if Greece Exits?
by admin
14 May 2012 at 12:16am
From The Economist Online May 11th 2012, 0:22 by A.P. See original article As the Economist argues in our briefing�this week, a Greek exit from the euro zone would not just be chaotic for Greece itself but would also invite questions about the status of Portugal, Ireland and others. So what would policymakers have to [...]
BoE decision today
by alex
10 May 2012 at 1:08am
An event laden day lies ahead, kick started with the overnight releases of NZ Business PMI, Japanese Current Account, Trade Balance, China Trade Balance and Australian Employment data.�Markets continue to be steered by the European political and sovereign debt crises and in the wake of this bond yield?s continue to remain elevated, notably Spain where [...]
Political Pressure on EUR
by alex
9 May 2012 at 1:12am
EUR/USD broke below the 1.30 level yesterday as the Greek political crisis rolls on and in this context we expect the EUR to remain under pressure; with�French presidential election winner Hollande awaiting inauguration, his pledges to increase state spending and renegotiate the ECB?s independence is unlikely to instil confidence in the market and the longer [...]
Euro weakens further
by alex
8 May 2012 at 1:05am
There are 3 main reasons why we�begin�this short week with a weaker Euro; 1.Data suggests that the Eurozone could be heading for its third quarter of negative growth. 2.A change of government in France, one that is likely to be less Berlin friendly than its predecessor. 3.The Greek political parties who supported ongoing austerity�measures lost their majority rule, [...]

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