Monday, 14 May 2012 21:00
The Canadian dollar fell against its US counterpart and the Japanese yen as the threat of Greece exiting the eurozone weighed on commodity currencies. On the other hand, the loonie gained versus the euro.
Canada is lucky to have the United States as its largest trading partner, not the European Union as many other export-oriented countries. The US ...
Monday, 14 May 2012 15:15
Australian dollar is struggling on the Forex market, especially against the US dollar. Concerns about what’s happening in Europe are affecting risk appetite, and sending Forex traders away from riskier assets like the Aussie and to low beta currencies like the US dollar and the Japanese yen.
Risk appetite is playing a big role in the Australian do ...
Monday, 14 May 2012 14:33
US dollar is heading higher against the euro in Forex trading right now, gaining as concerns about Spain and Greece come into sharper focus. Greenback is also higher against the Canadian dollar and other commodity currencies as oil prices and gold prices drop. UK pound, though, is gaining against the US dollar, as is the Japanese yen.
US dollar is ...
Monday, 14 May 2012 13:45
May 14th, 2:45 pm by Barbara Zigah
(eToro Blog) The top two headlines over the past week or so have been the ever-enduring debt saga in the Eurozone and the imminent launch of what could be the largest tech-based IPO ever for social media behemoth Facebook. In isolation, one is a major concern and the other a bright shiny star of hope, but many
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Monday, 14 May 2012 10:58
May 14th, 11:58 am by Barbara Zigah
(eToro Blog) Election news is once again in the fore in Europe; in Germany, Chancellor Angela Merkel and her party of conservatives were dealt a stunning blow as they failed to regain power in the country’s most populous state, and one considered a bellwether for the rest of Germany. With nationwide elections o
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Monday, 14 May 2012 10:50
The euro fell today, reaching the lowest level in more than three months against the US dollar, as speculation that Greece may leave the eurozone drove away investors from the shared 17-nation currency.
Greece is still unable to form a coalition government after a week of talks and negotiating. Even if the a government would be formed, the country ...
Monday, 14 May 2012 10:18
The Great Britain pound rose today as the safe haven role of the currency helped it to profit from speculation that Greece may leave the eurozone. The strength of the sterling caused worries that it may hurt the UK economy.
The pound gains appeal as the Swiss franc loses it due to the euro-peg. Economists are worried, though, that a strong curre ...
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