Posts Tagged ‘analysts’

Euro up after Italy ends political chaos; ECB awaited

by Forex Rooton April 30, 2013 6:41 am BST
The euro rose against the dollar and yen on Monday after Italy finally formed a government, ending two months of political uncertainty, but further gains may be limited given expectations the European Central Bank will cut interest rates this week. Italy’s new prime minister, centre-left politician Enrico Letta, named a coalition government on Saturday, a […]

Saudi Arabian banks report high earnings

by Forex Rooton January 14, 2013 6:18 am BST
Early signs from Saudi Arabia’s earnings season show the country’s banking sector steamed ahead during the fourth quarter, with blowout earnings at each of the kingdom’s lenders having reported so far. The profit growth figures are the envy of almost every bank in the region. Banque Saudi Fransi topped expectations last week with profits for […]

GBPUSD holds steady, struggling UK outlook offers little cheer

by Forex Rooton December 24, 2012 1:43 pm BST
Sterling was steady in thin trading on Monday, with lingering doubts over a UK recovery likely to keep alive the chances of more monetary easing in the New Year that would limit any gains for the pound. Uncertainty over the U.S. budget talks was also likely to support inflows into the more liquid U.S. dollar […]

Iran will overcome currency "conspiracy", Khamenei ally says

by on October 5, 2012 9:39 am BST
DUBAI | Fri Oct 5, 2012 5:39am EDT DUBAI Oct 5 (Reuters) - Iran will defeat an enemy "conspiracy" against its foreign currency and gold markets, an adviser to Iran's supreme leader Ayatollah Ali Khamenei said on Friday, following violent protests that forced the closure of Tehran's grand bazaar. Riot police fought demonstrators and