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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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Currency Exchange Kenya

Press Release and Top Business Finance News From 24-7 Press Release Newswire
Top Business Finance, Press release and news information from 24-7 Press Release Newswire

Managing Risk in an Era of Rising Wealth
22 May 2012 at 1:00am
According to the Atlanta asset management group, Brightworth, increased risk means a wealth preservation plan should be in place and under regular review. In various stages of life these risks change and require appropriate planning.
Cash Advances US Now Accepts Loan Applications From People With Bad Credit
22 May 2012 at 1:00am
Online lending service has been essentially launched to assist people in managing the emergency expenses - situations where the funds are needed urgently.
Personal Check Printing Software Adds Backup And Restore for Increased Security
22 May 2012 at 1:00am
EzCheckPersonal check writing software from www.Halfpricesoft.com now includes new easy-to-use data back-up and restore features for increased security.
Schuckman Realty to Represent New York City Outer Boroughs & Long Island's Re...
21 May 2012 at 1:00am
Schuckman Realty selected to be a member of international real estate organization TCN Worldwide.
Brandin P. Lea Recognized by Worldwide Who's Who for Excellence in Aerospace ...
21 May 2012 at 1:00am
Brandin P. Lea is a member of the Aviation Mechanics Guild, the Texas National Guard, the American Association of Notaries, Inc. and Financial Professionals of America
Karen M. Jordan Named a VIP Member of Worldwide Who's Who for Excellence in F...
21 May 2012 at 1:00am
Ms. Jordan oversees the accounting and finance activities in North America
Jeremy Coombes, ABFA Dip, Recognized by Worldwide Who's Who for Excellence in...
21 May 2012 at 1:00am
Jeremy Coombes has done public speaking on the topics of finance, business plans and the economy
In the Business of Funding Change...Georgia Nonprofits Explore Social Enterpr...
21 May 2012 at 1:00am
Quinetha Frasier of Firstborn Group, LLC unites with the Georgia Center for Nonprofits as a presenter of 'Social Enterprise: Nonprofits in the Business of Funding Change' at the 21st Annual Nonprofit Summit in Atlanta, GA.
New York Construction Accident Lawyer from The Perecman Firm Comments on Work...
20 May 2012 at 1:00am
New York construction accident lawyer David Perecman comments on the proposal of a new rule that would allow operators of giant cranes to get their license without working under the supervision of a certified operator for three years prior.
NYC Sidewalk Repair Minimizes Risk of Injury and Lawsuits
20 May 2012 at 1:00am
All New York City property owners have a duty to keep sidewalks in good repair. People who are injured because property owners failed to maintain their sidewalk may be able to sue for damages.
Beware of Debt Settlement Companies and Upfront Fees
20 May 2012 at 1:00am
Consumers should beware of debt settlement companies that charge upfront fees.
Blue Steel Acquisitions Believes That Working Together Equals Business Success
20 May 2012 at 1:00am
Blue Steel Acquisitions believe that working together is the key to success in a competitive environment. What separates an A-grade business from its competitors is the ability to do whatever it takes to hit their goals.
(no title)
20 May 2012 at 1:00am
Payroll software ezPaycheck provides great value for small business by automating payroll processing and eliminating errors. The new version support new YTD feature and is available for free trial at www.halfpricesoft.com.
Rooms To Go CEO Jeffrey Seaman Debuts Completely Remodeled Showroom
19 May 2012 at 1:00am
Leading furniture retailer, Rooms To Go, opens stunning new store at International Mall.
Polaris Launches Intellect Claims...Quick, Accurate and Easy End-to-End Claim...
19 May 2012 at 1:00am
Polaris Financial Technology Ltd. announced the launch of IntellectTM Claims, a comprehensive cloud enabled claim processing system which caters to several lines of business, including Life and Disability Health.
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Currency exchange office opens at Rivercenter - San Antonio Express

22 May 2012 at 3:52pm

Currency exchange office opens at Rivercenter
San Antonio Express
By David Hendricks A Foreign Currency Exchange branch buying and selling more than 70 foreign currencies opened last month at Rivercenter mall downtown. The two-employee branch, the Tampa, Fla.-based company's first in Texas, operates on the ...

Money Market Stresses Ease Ahead of European Leaders Meeting - BusinessWeek

22 May 2012 at 8:38am

Money Market Stresses Ease Ahead of European Leaders Meeting
BusinessWeek
By Liz Capo McCormick on May 22, 2012 Money-market indicators signaled strains in short-term funding dissipated before European leaders meet tomorrow in Brussels to address the region's fiscal crisis. Three-month London interbank offered rate, ...

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HSBC Adds Six Currencies To Offshore Yuan-Trading Service - Wall Street Journal

22 May 2012 at 8:32am

BBC News

HSBC Adds Six Currencies To Offshore Yuan-Trading Service
Wall Street Journal
... yuan trading took another step forward Tuesday after HSBC Holdings PLC (HBC) announced it is now streaming so-called CNH rates against a range of currencies other than the dollar on the market's leading electronic inter-dealer trading platforms.
HSBC HOLDINGS PLC : HSBC Launches Six New Offshore Yuan Crosses4-traders

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CONSUMER PRICE INDEX
by alex
22 May 2012 at 1:58am
The Consumer Price Index �is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is [...]
Inflation Data key for GBP
by alex
22 May 2012 at 12:48am
After the weekend G8 summit, sentiment on the markets was a little more upbeat�yesterday. Markets took some comfort from news out of China that indicated it would fast�track approvals for investment in infrastructure projects to combat a slowdown in the�economy. This supports recent calls from the Chinese premier for policies to maintain�growth after a series [...]
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 [...]

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