EUR Stays Weak vs. the U.S Dollar
December 21, 2009 4:01 pm by Natalie R.The European single currency continued to weaken Monday on expectations the U.S. economy may recover more quickly than Europe. The single currency has been pressured by concerns about the fiscal health of some countries on the Euro-Zone periphery following recent ...
EUR Outlook : Euro-Zone Campaign
October 19, 2009 2:06 pm by Natalie R.The European currency fell against the Yen and U.S dollar in Monday trading, as traders sold the common currency to lock in profits amid speculation European authorities may face increasing pressure to rein in the unit’s recent strength.
Will German Business Sentiment Continue to Rise?
August 25, 2009 8:20 pm by Natalie R.The Ifo Business Climate Index is based on monthly survey responses of firms in manufacturing, construction, wholesaling and retailing. The firms are asked to give their assessments of the current business situation and their expectations for the next six months.
European Central Bank Keeps Interest Rates Unchanged at 2%
February 5, 2009 7:18 pm by Dan EduardThe European Central Bank (ECB) kept Interest Rates unchanged at 2%, matching the ForexYard prediction, which was stated in the article Lowering Interest Rates in Europe: What will be the Impact?
JPY is Boosted by British Banking Woes
January 20, 2009 6:48 am by Dan EduardThe Yen rose against the EUR and GBP as the Euro-Zone economy weakens, and the British banking crisis deepens. Britain's second largest bank, the Royal Bank of Scotland's posted a 28 billion Pounds loss, the biggest ever of any British ...