Japan Economic Reports

Japan posted the worst economic contraction in 35 years. An indication that the nation is deep into the recession than was initially thought. The 4th quarter slumped by a whopping 3.3% – a huge number for a single quarterly decline which further raises concern about deflation.

Sign – Euro Bull

Euro sends an intra-day bullish signal but without the ‘fuel’ to inject pace. The morning started with quiet trades as the world awaits who sits on the Oval throne. For a start why should the world care?

Euro Makes Further Low

eur-makes-further-low

LONDON: The euro fell to a 20-month low against the dollar on Friday as traders examine unilateral government packages for their banking problems in Europe. In recent weeks, we have seen a tidal wave of euro selling but at what point will the euro-zone economists review their policies?

EUR Spikes To New High – Hovers $1.6000 Mark

EUR spiked to new highs of 1.5906 yesterday triggering speculation in the forex market and other global financial institutions of the greenback, (dollar, USD) collapse. Is this trend sustainable to the EUR zone economy?