Choppy Euro Today
Tuesday, November 17th, 2009LONDON: Choppy Euro trading remain today as EURUSD keeps range. But what’s keeping the boil on Traders, EU politicians and central bankers minds ticking is the euro surge.
The single currency is poised on rising higher against a weak U.S. dollar and an undervalued Chinese yuan.
A high-ranking E.U. delegation is now set to travel to China [...]
GBP USD Violate Supports
Monday, July 6th, 2009LONDON: Is it all that began well ends well? If this is true, GBPUSD may yet have a lot to do to prove this statement today. On Frankfurt open at 0600, the cable, GBPUSD rose mildly to 1.6326 from 1.6290 having traded lower from Friday’s session on Asian overnight trades.
GBPUSD Risks Sentiment Rises To 1.70
Wednesday, June 24th, 2009GBPUSD is powering ahead today from yesterday’s low of 1.6204 and is now testing strong resistance of 1.6560.
From Russia With Love
Monday, February 2nd, 2009London: Boy! The snowy weather normally associated with Russia, Iceland and North pole visited the UK today. The effect of the snow flakes derailed many businesses and public services across the UK. School, Airports, Buses and most train stations were closed.
Euro Falls Again
Tuesday, November 11th, 2008LONDON — The euro dollar maintained its October undertone this morning spiralling down to another six-day low. From the height of early morning trades at 1.2800, the euro fell sharply to 1.2517 dropping over 280 pips against the US dollar by mid-noon. Could this be the sign of euro giving back some of its last three years gains?
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