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  • Greece’s victory over Confidence Vote

    by - Jun 22, 2011
    Greece's crucial Confidence Vote was announced last night, late European hours. Greece's government survived the confidence vote; important to avoiding a Greek default. ...Read More

  • U.S Dollar gains

    by - Jun 21, 2011
    U.S Home Resales declined in May with 4.81 million rather than April's annualized 5 million Existing Homes Sold. Although May's figure was disappointing compared to previous release; Home Resales didn't do all that bad as...

  • Canadian Dollar keeps steady after weak Retail Sales

    by - Jun 21, 2011
    Canadian reports of Economic Activity on Core Retail Sales, Retail Sales and Leading Index were released just minutes ago. The Canadian Dollar didn't see much of a mainstream after the important announcements....Read More

  • Euro drops after German report

    by - Jun 21, 2011
    ZEW released Germany's Economic Sentiment with a dramatic drop as it stands at -9.0 from previous 3.1. A fall was expected as forecast for Sentiment was analysed at around -1.7....Read More

  • Public Sector Net Borrowing released at good pace

    by - Jun 21, 2011
    U.K Public Sector Net Borrowing value came out a few minutes ago. The release was better than economists expected. 15.2 billion pounds is the amount of the Net Borrowing for May, while investors were...

  • Euro/Dollar skyrockets

    by - Jun 20, 2011
    Greek payment plan was delayed by the troika, so long until Greece settles some austerity measures; to which Juncker claims confident that Greece will not deny. ...Read More

  • Greek payment delayed yet again

    by - Jun 20, 2011
    EUR/USD starts the week with a downward spiral, resulting from the failure of agreement amongst the European leaders about the Greek bailout plan. Decision has been delayed up until July, whether or not Greece will...

  • New Finance Minister appointed in Greece

    by - Jun 17, 2011
    The 17-nation currency experienced another low yesterday when EUR/SUSD fell to 1.4070. The Euro slightly recovered today, in friday's session, as it's trading back at 1.4165....Read More

  • Philly Fed Manufacturing Index

    by - Jun 16, 2011
    The Philly Fed Business Outlook Survey measures the level of a diffusion index based on surveyed manufacturers in Philadelphia. Previoud month's Index was relesed at 3.9; this month economists expected the Index to be announced...

  • U.S Jobless Claims down by 16K

    by - Jun 16, 2011
    The Euro is seen tumbling towards the downwards direction, the currency against the U.S Dollar managed to plunge to 1.40 levels; Reasoning for this can be put upon complications in Greece as the debt in Europe...
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