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  • Two notch downgrade for Ireland

    by - Apr 15, 2011
    Ireland was downgraded by Moody's Investor Services by two notches to Baa3 Baa1, possibly causing EUR/USD to dip down by 17 pips from 1.4468 to 1.4450 in the space of less than 5 minutes. EUR/USD...

  • EUR weakens against major currencies

    by - Apr 14, 2011
    EUR/USD traded at a low of 1.4365, failing the attemp to trade over 1.4520. EUR/JPY traded at 119.55 from 120.87. EUR/CHF went from 1.2949 to 1.2856, strengthening the swiss franc. The European currency...

  • USD against EUR and JPY.

    by - Apr 14, 2011
    The Euro gained almost 0.5% against the US Dollar, to trade at 1.4508; currently trading at 1.4479. US dollar also fell against the Japanese Yen, hitting a 83,20 low and currently trading at 83,37 -...

  • UK jobless data worse than expected

    by - Apr 13, 2011
    UK jobless claims results were released this morning with an increase in jobless claims by 0.7K, worse than anticipated results; while predicted data was analyzed to be a decline around 3.5K. This caused the British...

  • UK CPI results lower than anticipated

    by - Apr 12, 2011
    UK CPI was realaed this morning with lower results than expected by 50%. The prediction was 0.6% while only 0.3% was given. This pushes a fall in infaltion for the first time since July...

  • Japan nuclear tragedy reaches highest level.

    by - Apr 12, 2011
    Japan's nuclear disaster is looking in the level of danger close to the disaster in Chernobyl some 25 years ago, one of the world's worse nuclear disasters. Danger has sparked to level 7, meaning that...

  • 11-month high for Euro

    by - Apr 11, 2011
    One of the strongest currencies prior to the natural disaster seems to be falling quietly after the G7 intervention almost a month ago. G7 meeting managed to sustain its main goal of containing the currency's...

  • Gold gaining its power, PPI results higher than expected

    by - Apr 8, 2011
    After a long period with articles such as 'Gold is losing its shine', Gold is back with new high in the past four days raising at about 4.5% in less than a month.....Read More

  • ECB results out

    by - Apr 7, 2011
    The European Central Bank interest rate was announced.....Read More

  • ECB’s long awaited announcement is nearing

    by - Apr 7, 2011
    The long anticipated announcement by the European Central Bank is due today at 11:45 GMT, as eager investors tune in to see ECB's decision on raising the interest rates. Fairly confident that a raise is...
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