All
 

 

Just in:  

You are here: Home»Markets»FXMM

Markets - FXMM

Archive

Euro falls versus US dollar on Greece; US election eyed  NEW YORK: The euro fell to a near two-month low against the US dollar on Monday on uncertainty over a Greek vote on reforms needed to secure international aid and as investors awaited the US elections on Tuesday.   The technical outlook for the euro was also bleak after the currency broke below its 200-day moving average, suggesting further near-term losses.   Greece's government presented its latest austerity package needed to secure international aid to parliament on Monday but will struggle to get it approved in a vote expected on Wednesday as an exasperated public launches a week of strikes and protests.   "The main driver of the story is euro concerns. Mostly I think the fear is something is going to go wrong with the Greek austerity vote," said Steven Englander, head of G10 strategy at Citi.   Approval of the reforms and the passage of the 2013 budget are crucial to unlocking 31.5 billion euros in ...


Japan says gets G20 understanding for its yen concerns  MEXICO CITY: Japan said its concerns that a strong yen is hurting exports and growth won tacit support from other Group of 20 countries at a weekend meeting that focused on debt problems in Europe and the United States.   Japan has long argued that one of the unwanted side effects of the euro crisis was capital flight to the relative safety of the yen, driving it beyond levels exporters can cope with and threatening its economic ...

Euro weak near two month low vs dollar LONDON: The euro fell to a near two-month low against a buoyant dollar on Monday on uncertainty over a Greek vote on reforms and before this week's US presidential election.   Greece's government will present the latest austerity package needed to secure international aid to parliament on Monday but will struggle to get it approved in a vote expected on Wednesday.   The euro fell 0.4 percent to $1.2778, breaking below a reported options barrier at $1.2800 and stop ...

China central bank sets yuan weaker, but spot prices still reluctant  SHANGHAI: The yuan closed down slightly on Monday but its weakness was largely imposed by the central bank, which fixed a softer midpoint even as customers continued to unload dollars.   As a result, the spot exchange rate diverged from the official fix and continued to bump along the strong-side edge of its trading band.   The dollar/yuan rate is allowed to rise or fall 1 percent from the midpoint each day; when the midpoint is aligned with market ...

Sterling at 1-month high vs euro on hopes for solid services data  LONDON: The euro fell to a one-month low against sterling on Monday with investors expecting positive UK services sector data later and increasingly lowing expectations of more monetary easing this week.   UK's purchasing managers' index survey due at 0928 GMT is expected to show growth in activity, a Reuters poll showed, with economists expecting a number above 50, indicating expansion.   In contrast, much of the euro zone is struggling with a sharp downturn and fresh uncertainty about ...

Kenyan shilling steady, seen weaker ahead of rate decision  NAIROBI: The Kenyan shilling was stable against the dollar on Monday, though traders said they expect the local currency to weaken ahead of a possible interest rate cut on Wednesday.   The shilling was quoted at 85.40/60 to the dollar at 0713 GMT, barely changed from Friday's close of 85.35/55.   "People think the rates will be cut. That might put some pressure on the shilling," said Ignatius Chicha, head of markets at CitiBank. "Sentiment is the key thing ...

Euro falls to near two-month low versus dollar  LONDON: The euro fell to a two-month low against a buoyant US dollar and a one-month trough against the British pound on Monday on renewed uncertainty about the debt crisis as Greece faces a curcial parliamentary vote.   The euro fell 0.4 percent to $1.2782, its lowest level since Sept 11, and breaking below a reported option barrier at $1.2800. Traders cited stop-loss sell orders below $1.2780.   The euro also fell to a one-month low against sterling of ...


 



 
Index Closing Chg%
Arrow DJIA 16,960.57 0.72
Arrow Nasdaq 4,449.56 0.50
Arrow S&P 1,978.34 0.48
Arrow FTSE 6,791.55 0.44
Arrow DAX 9,644.01 1.53
Arrow CAC-40 4,330.55 1.82
Arrow Nikkei 15,457.87 1.13
Arrow H.Seng 24,216.01 0.31
Arrow Sensex 26,126.75 0.55





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln