Posts Tagged ‘eur’

Low Rate Environment Creating Boring FX Market

by Christopher Lemieuxon June 27, 2014 8:03 pm BST
The largest central banks have conducted experimental monetary policy in the wake of the financial crisis and the slower than expected rebound in economic growth. In part, the ultra-low interest rate environment conducted by central banks to try to stimulate growth, but it is creating a boring forex market. Various forex volatility gauges have hit […]

US Manufacturing PMI Hits Three-Month Low, ISM Factory Index Falls

by Christopher Lemieuxon February 3, 2014 3:47 pm BST
The US manufacturing PMI retreated from an 11-month high in December’s reading of 55 to 53.7 in January. Manufacturers reported that output and new business growth declined in January with abnormally cold weather, once again, being the scapegoat. New Export orders dropped for the first time since September. The weaker new business growth was offset […]

FOREX-Euro shaky after fall; Aussie eyes RBA rates

by on November 5, 2012 10:19 pm BST
Mon Nov 5, 2012 5:19pm EST * Euro hits eight-week lows vs USD, five-week lows vs AUD * EUR/USD breaks out of range, outlook fragile* Aussie dollar awaits RBA rate decision due 0330 GMTBy Ian ChuaSYDNEY, Nov 6 (Reuters) - The euro languished at eight-week lows versus the greenback on Tuesday

Le Floch-Prigent charged in Togo

by on September 18, 2012 1:45 pm BST
The Frenchman was charged with being an accessory to the fraud which is being alleged by a Middle Eastern businessman in a West African court, according to the BBC.Le Floch-Prigent was extradited from Ivory Coast to Togo on Saturday as he prepared to fly to France. He was