Leaders of the Group of Eight meet in Italy next week to discuss the economic crisis, protectionism, Iran, aid for Africa and climate change. "Many of the leaders have said it really is too small a group, at this point, to deal with the nature of the problems," Tim Condon from ING Financial Markets said. Watch Video MEDIA:VIDEOPermalink
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Could Next G8 Meeting Be the Last One?
Posted by
FX-BAR 9 hours ago
(http://www.cnbc.com)
Euro Zone, UK Service Sectors Stumble but Optimisic
Posted by
FX-BAR 9 hours ago
(http://www.cnbc.com)
Posted By:ReutersSigns of a recovery in the euro zone's dominant services economy took a backwards step in June but business optimism hit a near two-year high on hopes that the worst is over, surveys showed on Friday. Read More Topics:Interest Rates | Inflation | Consumers | Recession | Currencies | euro | Central Banks | European Central Bank | Europe | Italy | The Netherlands | Germany | France | Britain | Economy (Global)Sectors:Industrial Goods and Servi
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UK to Contract in Second Quarter: Economist
Posted by
FX-BAR 9 hours ago
(http://www.cnbc.com)
UK and euro zone services PMI were slightly lower than expected for June. "What it suggests to me is that the quarter just gone for the UK economy suggests another quarter of contraction," Bob McKee from Independent Strategy said Friday. Watch Video MEDIA:VIDEOPermalink
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EURUSD: Looks To See Further Downside Pressure
Posted by
scalperboy 9 hours ago
(http://www.actionforex.com)
Having turned off the 1.4177 level, its Jun 11'09 on Wednesday and followed through lower on Thursday, potential for further downside weakness continues to be seen though an early morning recovery higher was seen today. With this view supported by its bearish stochastics, we envisage weakness to initially target its...
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Dollar slips as risk aversion wanes
Posted by
jackd 9 hours ago
(http://traxfer.ft.com)
The dollar was a little weaker on Friday, giving back a small portion of the strong gains of the previous session incurred after a weaker-than-expected US jobs report
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USD to CAD Daily Chart
Posted by
fxreader 9 hours ago
(http://www.fxstreet.com)
As with several of the other major pairs the dollar to cad was a beneficiary of the market's return to the US Dollar as equity markets suffered as a result of the dreadful NFP data in the US which fell below market expectations, taking the US unemployment rate to almost 10%. The daily candle closed as a wide spread up bar finishing the session above all three moving averages and finding good support from the 14 day. However, the high of the day failed once again to hold above the
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EUR/USD Reverses from our 3rd Tier Downtrend Line
Posted by
FastBrokers 1 day 6 hours ago
(http://fastbrokers.net)
Comprehensive technical and fundamental analysis for the EUR/USD.
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GBP/USD Sinks after Negative Data Stream
Posted by
FastBrokers 1 day 6 hours ago
(http://fastbrokers.net)
Comprehensive technical and fundamental analysis for the GBP/USD.
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