Posts Tagged ‘rates’

France Is Its Worst Enemy

by Christopher Lemieuxon November 18, 2013 5:17 pm BST
France was accredited with helping the eurozone out of the longest recession in the union’s history, but it is not peachy inside the second largest European economy. France has been dealt tough second half of the year, and it is likely that these issues will continue to affect the country for the near-term. The unemployment […]

Russian Growth Deflation by Inflation

by Christopher Lemieuxon November 10, 2013 4:30 am BST
Inflation strikes Russia with the central bank refused to cut the benchmark rate as consumer prices threatened to hold inflation within the bank’s annual target. The Russian central bank’s decision was to leave the benchmark at 5.5 percent and refused to offer any forward outlook on the matter. For the first time in five months, […]

Sterling Down Against Strong Dollar

by Christopher Lemieuxon November 3, 2013 1:50 am BST
The Federal Reverse’s upbeat statement on the positivity quantitative easing has on the US economy gave traders the opportunity to sell dollar pairs with the dollar moving well above the lows made earlier this month. Pound Sterling fell for the second weak against the dollar but has kept up well against the euro with speculation […]

Gold forecasters splitting on peak for bull market

by Forex Rooton January 15, 2013 6:01 am BST
Danske Bank A/S and Credit Suisse Group AG, the most-accurate gold forecasters, say prices will probably peak this year while their nearest rival, UniCredit SpA, sees no end in sight to the 12-year bull market. Gold will average $1,720 an ounce this year and $1,600 in 2014, said Christin Tuxen of Danske Bank in Copenhagen, […]