Germany guarantees all personal bank deposits

As the $700-billion U.S. financial system bailout gets underway, Europe still is struggling to contain its own banking turmoil ... limit to $250,000 per account from $100,000. If the euro currency is another barometer of confidence, it's pointing to a continuing loss of investor faith in Europe: The euro on Sunday was trading [more...]

Date: 2008-10-05 22:59:50

Blog posts (38) | Videos (5)
 

Ten Non-Predictions for 2009: Part II

And now the second half of this year’s non-predictions, following on from yesterday’s first five: 6) EUR/GBP will NOT trade at par ... franc, the euro remains the most overvalued major currency in the world…and the lesson of the past year ... those dollars “dropped from Ben’s helicopter” make their way back into the system [more...]

Date: 2009-01-08 15:34:16

Dollar Gains as U.S. Loses Fewer Jobs Than Some Forecast

The dollar rose against the euro and posted its biggest weekly gain since October after a U.S ... the economy is weakening. “We are short of a complete disaster,” said Jens Nordvig, a senior currency ... t come through.” The U.S. currency appreciated 2 percent to $1.3439 per euro at 4:24 p.m. in New [more...]

Date: 2009-01-11 03:56:15

Shortest. Currency Peg. Ever.

It will go down as one of the more ill-fated tactical ideas in the financial markets in some time ... as they were — showed the currency trading nowhere near those levels. Earlier Wednesday the euro was buying ... . Iceland’s attempt to set the level of its currency, the Icelandic krona, died a quick death [more...]

Date: 2008-10-08 16:36:51

Russian Industry Heads For Poll Position As The Downhill Stretch Of The Tourmalet Extends Itself Before Us

Well as far as I can see, in this the great second depression cycling race, ... -euro currency basket during 2008. The central bank has also now used 27 percent of its foreign-currency reserves, which are still the world’s third-largest [more...]

Date: 2009-01-03 14:06:49

FOREX-Yen buoyed by risk reversal, euro on defensive (Reuters via Yahoo! Malaysia News)

SYDNEY, Jan 12 (Reuters) - The Japanese yen climbed across the board on Monday as a grim global outlook favoured safe-haven currencies, while the euro stayed on the defensive on talk of an aggressive cut in eurozone interest rates later this week. Link to the original site [more...]

Date: 2009-01-12 07:17:25

Dollar Slumps Versus Yen

The dollar fell to a 13-year low against the yen on concern General Motors Corp ... so-called carry trades and after Finance Minister Shoichi Nakagawa said the country isn’t considering ... 3 percent to 121.83 yen from 118.18.   Technorati Tags: Automakers, Currencies, Forex, Euro, USD, JPY [more...]

Date: 2008-12-14 02:45:01

Managing Finance Wisely

by Den M Smythe Managing finance has always been an important and tricky job ... on managing finance. www.ifinancetips.com tells readers about credits and loans, forex trading, dealing ... to all people. Other posts on this website talk about Forex and currencies, about the dollar versus the euro [more...]

Date: 2008-12-11 23:13:19

Jean-Claude Trichet, Dove?

Is Jean-Claude Trichet going wobbly or just recognizing reality? ... was that there was a lot of emphasis on the growth picture,” says Ulrich Leuchtmann, head of forex ... that the move is entirely euro-centric. Robert Sinche, head of currency strategy at Bank of America [more...]

Date: 2008-08-07 14:32:27

For the record

Because blogging is about collecting inchoate - and oftentimes poorly reasoned - thoughts, the activity surely invites mistakes ... a "managed float," the outflow of its once-heady foreign currency and gold reserves has been dramatic ... - "a stronger euro" - Reuters reports: The euro, which accounts [more...]

Date: 2008-12-27 20:43:14

Gold prices falter as dollar strengthens

Gold prices declined Friday, as the dollar gained further strength against other major currencies, including the euro and the British pound. Energy prices recovered some, while agriculture futures fell. [more...]

Date: 2008-12-19 22:55:55

Nightmare Day For Banks

The Times Online is reporting 300,000 frozen accounts at Icesave bank.The Financial Services Authority this afternoon drafted in Ernst & Young (E&Y) ... on Monday.The Icelandic crown continued to be volatile in today's trading, forcing the central bank to introduce a currency peg at a value of 131 per euro. It was last trading at 144 per euro. Bank [more...]

Date: 2008-10-08 00:53:00

Folklore - The Ghost of H.W. Beaverman

folkore-artwork Price: 3.50 euro (Currency Converter) Add to Cart View Cart ‘The Ghost of H.W. Beaverman’ was my favourite album of 2007 so having it on indiecater is really special [more...]

Date: 2009-01-11 17:17:48

Is the Euro the New Dollar?

By Leo Cendrowicz / Brussels Thursday, Jan. 01, 2009 A handful of euro notes Leon Neal / AFP / Getty Europe's single currency has come of ... E.U. countries locked their national currencies together into a fixed exchange rate. Three years ... from the exchange rate volatility, which has battered them in previous downturns," Barroso said on [more...]

Date: 2009-01-05 21:52:00

With Priceline, Choose Your Options Strike

Does the Negotiator trade options? (Source: Myspace.com/thenegotiator) Many U.S ... currency strategists are for continued strength in the euro against the greenback, due to the decline ... . Priceline usually trades no more than about 1,300 calls a day, but more than 40,000 calls [more...]

Date: 2008-12-18 17:18:36

With Priceline, Choose Your Options Strike

Does the Negotiator trade options? (Source: Myspace.com/thenegotiator) Many U.S ... currency strategists are for continued strength in the euro against the greenback, due to the decline ... . Priceline usually trades no more than about 1,300 calls a day, but more than 40,000 calls [more...]

Date: 2008-12-18 20:18:00

Clash of the Titans: The Dollar and Yen

The dollar has had quite a run of late against most of the major world currencies. It is trading at one-year highs against the euro, is moving further away from parity ... Zealand’s central bank reduced its key lending rate by 0.5 percentage point, reducing [more...]

Date: 2008-09-11 16:53:28

Stiff Upper Lips and Large Rate Cuts

The positive reaction by the U.K. pound in relation to the euro, after both central banks reduced interest rates overnight, suggests a different outlook among foreign exchange investors. Among the major forex markets ... more,” says Ulrich Leuchtmann, head of forex research at Commerzbank in Frankfurt, Germany [more...]

Date: 2008-11-06 15:51:31

Dollar retreats on dismal economic news

By Catherine Clifford CNNMoney.com NEW YORK (CNN) — The dollar retreated against major currencies Wednesday as two weak jobs reports showed ... , the 15-nation euro was up 0.48 percent against the dollar, trading at $1.3601, from $1.3537 late [more...]

Date: 2009-01-07 20:38:34

Euro Touches 1.4700, As Pound Falls To 2-Year Low

More Currency News More Articles Forex reports special fx reports ... Open: Empty Calendar Opens the Door to Forex Volatility Thursday, 14 August 2008 13:43:33 GMT ... GMT US CPI Hits 17-Year High, US Dollar Likely To Consolidate Gains on Friday (Forex Video) Thursday [more...]

Date: 2008-08-15 10:32:50

Steady Diet of Chinese Currency

by The Mogambo Guru I keep watching the steady march of China towards world domination, and their currency (the yuan) ... . Now, "China has said it is to allow some trade with its neighbours to be settled with its currency ... of China's foreign trade is settled in U.S. dollars or the euro, leaving exporters vulnerable [more...]

Date: 2009-01-06 21:30:34

Today in Russian Business - Jan 2, 2008

To the shock of citizens, the Belarus ruble has slid 20% in value as the government pegged the currency for the first time to exchange basket equally split between dollars, euros, and Russian rubles [more...]

Date: 2009-01-02 17:10:19

Today in Russian Business - Dec 29, 2008

In trading on Monday, the Russian ruble again fell to a record low against the euro as the Central Bank again widened the band to loosen its defense of the currency. State bank Vnesheconombank (VEB) spent $26 billion on infrastructure projects in 2008, designed to help small- and medium-sized business growth. Worldwide steel production [more...]

Date: 2008-12-29 16:19:41

Forex Market Update: Dollar Gains Against Euro Pound in Asian …

DailyFX provides the latest financial news that applies to the currency trading industry. Get constant updates, free forex charts, forex trading quotes and live currency pair pricing. [more...]

Date: 2009-01-05 06:38:11

Dollar soars against euro

By Julianne Pepitone CNNMoney.com contributing writer NEW YORK (CNNMoney.com) — The dollar rose sharply against major currencies Monday ahead of anticipated interest rate cuts ... , the dollar was up 2.08 percent against the 15-nation euro, which was trading at $1.3617 [more...]

Date: 2009-01-05 15:11:56

Yen Rises as Stock Drop Boosts Currency’s Appeal as Safe Haven

By Stanley White and Ron Harui Dec. 24 (Bloomberg) -- The yen rose against the euro and the dollar, snapping two days of losses, ... U.S. personal spending and durable goods orders dropped. The South Korean won rose on speculation ... purchases or sales of currencies to influence the exchange rate. Against the Australian dollar [more...]

Date: 2008-12-24 04:14:00

FOREX-Dollar drifts, dogged by US financial sector jitters

The dollar steadied on Tuesday a day after sliding from a one-month high against the yen on jitters that bank losses and more troubles in the ... U.S. regulators seized two small U.S. banks late last week. But the U.S. currency managed to hold ... a forex trader at a Japanese trust bank. “But at the same time, recent weak euro zone data [more...]

Date: 2008-07-29 07:23:26

Euro Forecast Bearish on Forex Crowd US Dollar Selling

DailyFX provides the latest financial news that applies to the currency trading industry. Get constant updates, free forex charts, forex trading quotes and live currency pair pricing. [more...]

Date: 2009-01-02 23:55:12

EES - What Russian war means for the Euro

FX is extremely sensitive to politics, because a shift in a domestic political system can be directly connected to a currency’s value ... % to many Eastern European states , and the EU is Russia’s largest trading partner, totaling $285 [more...]

Date: 2009-01-05 20:47:00

Daily FX Commentary

Yen targets Euro support The Australian and New Zealand dollars were unable to sustain gains on Thursday and this also tended to support the Japanese currency. There was, however, further evidence of a flow of capital into high-yield overseas bond ... slightly stronger at near 109.50 in US trading. The Japanese economic data was stronger than expected [more...]

Date: 2008-08-29 10:32:03

Permanent Link to Falling out of the euro zone?

Falling out of the euro zone? Comment (1) Posted by: Jeremy Gaunt Tags: MacroScope, debt, economics, euro, euro zone, Greece, Ireland, ... , after all. But the subject has been raised. Gary Dugan, chief investment officer of Merrill Lynch's ... to quit the currency to be heard in some member countries as the global recession bites. He added [more...]

Date: 2009-01-11 21:56:06

Forex Trading Signals Profit on Japanese Yen Strength - What’s Next? (Daily FX)

Currency trading markets have started the New Year with a bang, as the US Dollar has already carved out major moves against the Euro and other key counterparts. Link to the original site [more...]

Date: 2009-01-12 23:23:55

Euro Technical Outlook

As mentioned yesterday, “due to the fact that the pair remains close to the center of a large correction, I can not be confident that 1 ... , funds secured and local agents in 18+ countries.3. ForexGen offers Forex trading in the major currency ... . ForexGen offers a free trial Forex demo account that allows you to test your skills and practice [more...]

Date: 2009-01-09 02:01:00

US Dollar hits one-year high vs euro

During the last hours we have seen the EUR/USD reaching its lowest level since September 2007 ... their own analysis of this situation. Kathy Lien, Director of Currency Research at GFT (Global Forex Trading), wrote a special report about this topic where she said: “3 primary factors continue to drive [more...]

Date: 2008-09-11 14:47:36

So I’m not the only one doing it

So I’m not the only one doing it When we switched over to the euro last year, ... or, when I am really tired, asking the shop assistant whether I can borrow a calculator. A friend ... of value, of what things are worth, is acquired over time and is tied to a particular currency. That’s why [more...]

Date: 2009-01-04 21:25:07

Recession fears hit stocks

LONDON - FEARS of an ‘inevitable’ global recession prompted sharp swings on currency markets and falls on stock exchanges despite talk of new ... rate cuts in the 15-nation eurozone to spur economic growth forced the euro towards a near two-year [more...]

Date: 2008-10-22 11:03:51

Sterling Euro Outlook Forecast

Sterling gains for the second day runningThis Market report will focus on yesterday’s trading which saw sterling gain against all the major ... the single currency and yesterday we saw another 2.7% gain moving us further away from parity [more...]

Date: 2009-01-09 15:23:00

Euro Likely to Rally vs US Dollar on Clear Shift in Forex Sentiment (Daily FX)

DailyFX provides the latest financial news that applies to the currency trading industry. Get constant updates, free forex charts, forex trading quotes and live currency pair pricing. Link to the original site [more...]

Date: 2009-01-08 22:13:18

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