Fed Lockhart Would Support Start of Tapering Next Month
A centrist U.S. Federal Reserve official said on Friday he would back a reduction in asset purchases...
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Germany and the UK Lead Economic Recovery
Germany confirmed on Friday it had enjoyed its fastest rate of economic expansion in more than a yea...
Analyst Suggest India Free Float Rupee
As the world’s worst performing currency this year plumbed new lows this week, some analysts a...
Goldman Downgrades Ringitt, Baht and Rupiah
U.S. investment bank Goldman Sachs says it expects the rout in Asian emerging market currencies to c...
New Greek Deal to Come with Long Debate
The need for a new rescue program for Greece promises a drawn-out drama of late-night negotiations b...
Berlusconi Scandal Could End Italian Coalition
Relations between the partners in Italy’s coalition government seemed close to breaking point ...
Greek Leaders Meet with Saudi Prince for Aid
As European leaders openly disagree over whether Greece will get further financial aid, the country&...
UK Growth Revised Upward Optimism About Faster Recovery Rises
Britain’s recession-scarred economy expanded more rapidly than first thought in the second qua...
German Surplus in Budget Rises to 0.6% of GDP
Official figures show Germany’s budget surplus rose to 0.6% of gross domestic product (GDP) in...
Brazil Announces 60 Billion Plan to Slow Real Fall
Brazil’s central bank has announced a $60bn plan to prop up the value of the national currency...
UK Economic Growth Revised to 0.7%
Economic growth in the UK during the second quarter of the year has been revised up to 0.7% by the O...
GBP/USD – Pound Slide Continues Despite Strong GDP Numbers
The British pound continues to lose ground against the US dollar. In Friday’s North American s...
AUD/USD – Under Pressure as Markets Eye US Housing Release
The Australian dollar continues to struggle against the US dollar and finds itself slightly below...
Dollar In Search Of Its ‘Second Wind’
All week the ‘mighty’ dollar has been following yields – higher US rates suggested a s...
USD/JPY – Unchanged As Markets Eye US Housing Numbers
After strong gains on Thursday, USD/JPY has settled down, as the pair tests the 99 line in Friday tr...
NZD/USD Technicals – Bear On The Buffalo
Note: Bird On The Buffalo is a song by Angus Stone, just in case the reference is too obscure. There...
EUR/USD – Settles Down As Markets Await US Housing Data
After some sharp movement in mid-week trading, EUR/USD has steadied, as the pair trades quietly in ...
AUD/USD Technicals – Below 0.90 After 0.904 Rejection
No major news from Australia nor China today, but that didn’t stop AUD/USD from climbing from ...
China Ministry of Commerce’s Shen: China policy supported trade rebound in July, August trade growth likely
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German FinMin Schaeuble: Possible that new Greek aid would be much lower than in past.
Content is for general information purposes only. It is not investment advice or a solution to buy o...