USD lower, investors digest the Greek aid plan

Written by admin on March 28, 2010 · Filed Under Financial News 

Here are the latest Financial News: USD: Lower, pressured by the announcement of EU/ IMF aid package for Greece, consumer sentiment rises JPY: Lower, CPI falls for the 12th consecutive month, Nikkei closes at an 18 month high EUR: Higher, EU and the IMF agree to a plan to support Greece, Trichet... Read the article »

EU Morning Report – Fed President Evans says extended period means 3-4 policy meetings!

Written by admin on March 10, 2010 · Filed Under Financial News 

Here are the latest Financial News: Fed President Evans says extended period means 3-4 policy meetings! Yesterday was a light day in terms of financial data with no major economic reports released from the US. Overall the USD traded weaker, equity markets almost unchanged and commodities such as OIL... Read the article »

Special FX Report – When is a rate hike not a rate hike?

Written by admin on February 20, 2010 · Filed Under Financial News 

Here are the latest Financial News: The Fed surprised the markets Thursday and hiked the discount rate 25bps to 0.75%. Stocks and commodities declined and the USD rallied to a nine month high in reaction to the Fed’s discount rate hike. Stocks and commodities rebounded from earlier losses and the... Read the article »

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