ECB: Trichet’s final interest rate hike ?
European Central Bank President Jean-Claude Trichet announced his intention to raise the interest rate last month citing rising inflation Read More
EUR/USD forex technical analysis round-up: Jul. 7
The euro was losing ground vis-a-vis the US dollar today, trading at 1.4286 as of around 7 The single currency is down 0.22% on the day and has reached a session high of 1.4348 with Read More
Moody’s cuts Portugal’s credit ratings to junk status
On Tuesday credit ranking agency Moody’s downgraded Portugal’s sovereign credit rating by four notches from Baa1 to Baa2 Read More
RBA keeps rate at 4.75%
The Reserve Bank of Australia announced Tuesday that it would maintain its federal funds rate at 4.75% for the Read More
GBP/USD forex technical analysis round-up: Jul. 5
ForexNewsNow – The Pound was gaining ground against the Dollar today, trading at 1.6114 as of around 10:30 Read More
EUR/USD forex technical analysis round-up: Jul. 5
The euro was falling against the greenback today again, trading at 1.4480 as of around 10:00 A.M Read More
Australian retail sales figures much lower than expected
The Australian Retail Sales indicator came out much lower than expected by analysts with a 0.6% decrease Read More
EUR/USD forex technical analysis round-up: Jul. 4
The euro was falling against the greenback today, trading at 1.4524 as of around 7:43 A.M., GMT Read More
