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Forex-global-news.blogspot.com news digest

  • 13 years

    Pound Sterling Drops as Interest Rate Hike Expectations Fade

    By: Barbara Zigah Unexpectedly weak data from the U.K.’s manufacturing sector pushes back the likelihood of an interest rate hike sending the Pound Sterling broadly lower in Asian trading. As reported at 2:34 p.m. (JST) in Tokyo, the Pound Sterling...

  • 13 years

    Euro Holds Onto Gains as Commodities Steady

    By: Barbara Zigah With commodity prices beginning to stabilize, the Euro has been holding tight to recent gains during Asian trade. Some traders expect the Euro to come under renewed pressure, however, if and when more negative news on the Eurozone...

  • 13 years

    U.S. Dollar Index Slightly Higher even as bin Laden Euphoria Wanes

    By: Barbara Zigah With the euphoria over the news of the al-Qaeda leader’s death now beginning to wane, the U.S. Dollar is hovering close to the 3-year low struck last week. As reported at 2:27 p.m. (JST) in Tokyo, the U.S. Dollar Index was at 73.1...

  • 13 years

    Euro Edges Higher, However Pressure Still Seen from Greece

    By: Barbara Zigah In early trading in Tokyo, the common currency edged higher against the U.S. Dollar, off a 3-week low, supported by early indications of some restabilization in the commodities markets. Analysts note, however, that Greek fiscal problems...

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Web host: Google LLC
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Updated: August 02, 2024
Expires: July 31, 2025
Created: July 31, 2000

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