Kiwi Sell Recommendation Issued @0.7305
Friday, April 30th, 2010 Posted in Market Comments | Comments OffCurrencies have received and added boost into Friday trade with the gains coming from the reported agreement by Greece to a Eur24B austerity plan.
Euro-Zone inflation and Unemployment Confirm Risks Balanced, Leaving ECB on Hold.
Friday, April 30th, 2010 Posted in Market Comments | Comments OffThe Euro-Zone CPI –estimate for April rose to 1.5% from 1.4% as expected which was the highest in more than a year. Increasing energy costs have started to put upward pressure on inflation, but existing slack in the region is ...
U.S. Dollar Loses Ground Ahead of 1Q GDP, Japanese Yen Weighed By Risk Appetite
Friday, April 30th, 2010 Posted in Market Comments | Comments OffThe Euro rallied for the third day to reach a high of 1.3333 during the overnight trade, and the single-currency may continue to trend higher going into the North American session as market participants raised their appetite for risk.