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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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RadioShack Corp. (RSH)
23 May 2012 at 11:00pm

RadioShack Corp.'s (RSH) difficulties persists as the company's first-quarter 2012 financial results were pathetic. The company's core consumer electronics retail business is on a secular downtrend and ...


Europe weighs on NetApp's outlook, stock slumps
23 May 2012 at 4:41pm

NetApp Inc on Wednesday forecast revenue below Wall Street's expectations and its chief executive warned of uncertainty in Europe, sending the data storage equipment maker's shares down 18 percent in after-hours ...


Knight Capital sees losses on Facebook listing glitches
23 May 2012 at 4:05pm

Electronic trader Knight Capital Group Inc said its second-quarter results will be hurt by losses related to numerous issues during Facebook Inc's Nasdaq listing. A technical glitch delayed Facebook's ...


Calvin Klein, Hilfiger lift PVH 1Q profit 61 pct
23 May 2012 at 4:03pm

PVH Corp. said Wednesday that the popularity of its Calvin Klein and Tommy Hilfiger brands lifted its fiscal first-quarter profit 61 percent, topping Wall Street expectations.The clothing seller said that ...


ONEOK Inc sees 18 percent profit growth in 2012-14
23 May 2012 at 3:50pm

Natural gas processor ONEOK Inc said it expects profit to grow by 18 percent in the next two years as it ramps up spending to boost output at its unit ONEOK Partners LP . The company also expects to boost ...


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How to Start Trading Forex: Free Beginners Guide - MarketWatch (press release)

23 May 2012 at 11:32pm 

How to Start Trading Forex: Free Beginners Guide
MarketWatch (press release)
LONDON, May 23, 2012 /PRNewswire via COMTEX/ -- Want to trade forex but don't know where to start? Use our free beginners guide to learn about the forex market, how to trade it and who you can trade it with. Forex trading accounts - such as the one ...

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METALS-Copper rises from 4-1/2 month low, EU crisis weighs - Reuters

23 May 2012 at 10:16pm 

Moneycontrol.com

METALS-Copper rises from 4-1/2 month low, EU crisis weighs
Reuters
Copper, which has lost almost 10 percent this month, may find support from positive US housing data, although gains were capped as the market remains vulnerable to the implications for the global economy after European leaders were unable to deliver ...
Copper rises from 4-1/2 month low, EU crisis weighsBusiness Recorder (blog)
Copper sinks to multi-month lows on Greek exit fearCNBC.com
Base metals close lowerNinemsn
BusinessLIVE -MSN Money -Economic Times
all 127 news articles »


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London seeks lead role as China's currency goes global - BBC News

22 May 2012 at 9:53am  Neill Tools was the first UK company to make a cross-border payment in the Chinese currency ... sum bond market in Hong Kong Multinationals like McDonalds, Tesco and HSBC have issued yuan debt London also accounts for a quarter of foreign exchange trading ...

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