Sunday, 26 March 2017

Currencies News

  • Euro zone growth now much more than wishful thinking

    19:41 | 25/3/17
    Irish Times
    The recovery in the euro zone economy is now a key theme for 2017. Pretty much everyone missed the start of this. The euro zone economy has been in the slow-growth mire for so long that statements from ECB president Mario Draghi (inset) last year that ... more»
  • Brexit Trigger in Focus for British Pound, More Strength Likely

    18:26 | 25/3/17
    ... triggering of Brexit on Wednesday is the main event on the UK calendar in the coming week but the markets have become so used to the idea that the UK will leave the EU in due course that it is unlikely to have a significant impact on the British Pound. more»
  • Australian Dollar Retreat Looks Unlikely to Stop

    17:52 | 25/3/17
    Julius Caesar was well advised to be wary of the Ides of March - he was murdered on it after all - but this year that day, March 15, was when Australian Dollar bulls avoided the knife. For it was then that the US Federal Reserve delivered what's now ... more»
  • Our $ And World

    11:42 | 25/3/17
    Fiji Sun Online
    The Fiji Dollar (FJD) is a managed currency and it operates on a fixed (pegged) exchange rate regime. It is fixed to a basket of currencies which are its major trading partners which includes the United States, Australia, New Zealand, Japan, Euro zone. more»
  • Euro May Be Ready to Rise: Cramer's 'Off the Charts'

    11:18 | 25/3/17
    However, Garner argues that most of those assumptions have already been baked into investor assumptions about the euro. In fact, she believes the euro is forming a base here, meaning it's gaining adherents as it trades sideways and possibly preparing ... more»
  • Canadian Dollar dips on tame inflation; speculators' bets swing bearish

    10:33 | 25/3/17
    Financial Express
    The Canadian dollar weakened on Friday against its U.S. counterpart as tame domestic inflation dampened pressure on the Bank of Canada to turn more hawkish, while CFTC data showed a sharp swing by speculators to bearish bets against the loonie. more»
  • CORRECTED-Speculators cut net short bets on Mexican peso to lowest since Nov ...

    10:09 | 25/3/17
    (In second paragraph, corrects number of contracts to 3,281 from 3,122; makes clear "lowest" refers to number of contracts) By Dion Rabouin NEW YORK, March 24 Currency speculators decreased the number of net short bets on the Mexican peso for the fifth ... more»
  • Celebrating EUro-Sclerosis

    10:00 | 25/3/17
    Investor's Business Daily
    Celebrating EUro-Sclerosis. The 'Europe' sculpture of Belgian artist May Claerhout outside the European Parliament in Brussels. more»
  • Mexican peso heads for largest monthly rise in 5 years as Trump agenda falters

    09:14 | 25/3/17
    The Mexican peso is headed for its largest monthly gain in nearly five years as President Donald Trump and his partisans suffer the first major legislative setback of his presidency. more»
  • Gravitas Financial Inc. Announces Acquisition of a UAE Financial Company

    09:03 | 25/3/17
    Yahoo Finance
    The purchase price is 100 million UAE Dirham (approximately USD$27.25 million), of which approximately USD $15 million is due at closing, subject to adjustments. more»
  • (OFFICIAL)-Croatia preparing law to save economy from Agrokor-like fallouts

    09:03 | 25/3/17
    (Govt corrects debt amount in para 4 to euros, instead of kuna) By Igor IlicZAGREB, March 24 (Reuters) - Croatia's government is drawing up a law to protect the economy if a major company runs into trouble, Deputy Prime Minister Martina Dalic said on ... more»
  • Is Devaluation of the Yuan Affecting China's Market Performance?

    07:22 | 25/3/17
    Market Realist
    The Chinese yuan (CYB) (CNY) fell more than 6.0% in 2016 and is expected to continue its downward trend in 2017. The Fed's recent interest rate hike in the United States will most likely encourage the movement of capital from China to the United States ... more»