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Euro Still Down Under the Aussie Dollar
March 12th, 2010 by forex
The Euro hit a new multi-year low of 1.4809 versus the Australian Dollar Wednesday, reaching the lowest level since August 1997. The single currency has now lost 25% in the past 12 months and it has done so in a troubling one-way move to the down
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Trade deficit shrinks 6.6%
March 12th, 2010 by forex
The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.
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Dollar surge boon to break travellers
March 12th, 2010 by forex
A sudden surge in the loonie means better value for Canadians heading south for March break, but with parity expected perhaps as soon as next month vacationers should keep their focus on short-term shopping gain, according to a senior currency st
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Fears over the Euro-zone eased slightly
March 12th, 2010 by forex
The Euro found support above 1.36 against the dollar on Thursday and had a generally firmer tone, although it was unable to make strong headway as ranges were generally narrow.
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EUR/USD Daily Review 12 March 10
March 12th, 2010 by forex
EUR/USD Daily Review by the forex Koala FRIDAY IS HERE!
12 Vote(s)
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Canada Stocks Rise as Canada Jobs, US Sales Surpass Forecast
March 12th, 2010 by forex
Canadian stocks rose for a third day, extending a weekly gain, after data on U.S. retail sales and employment in Canada surpassed estimates and Potash Corp. of Saskatchewan Inc. increased its first-quarter earnings forecast.
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Commodity Prices March 12th 2010
March 12th, 2010 by forex
European Market Update 3/12/10
March 12th, 2010 by forex
- Equities: Markets in Europe opened on a mixed but cautious tone. Sentiment from Asia (ex-Japan) was negative on awash of speculation that China may take further policy tightening action. Core European bourses opened slightly positive except for
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Oil rises towards $83 on dollar, demand prospects
March 12th, 2010 by forex
Oil rose towards $83 on Friday, poised for a second consecutive weekly gain on a softening dollar and as views emerged that energy demand growth would continue in the developing world.
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US Morning Notes USD lower, Yellen appointed to the Fed
March 12th, 2010 by forex
The USD and JPY are trading lower pressured by improving risk appetite as equity markets rally and in reaction to a Nikkei report that the BOJ may double the size of its quantitative ease, European currencies firm in cross trade to the JPY, EUR s
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