Saturday, 25 March 2017

Currencies

  • Euro zone growth now much more than wishful thinking

    19:41 | 25/3/17
    Irish Times
    The recovery in the euro zone economy is now a key theme for 2017. Pretty much everyone missed the start of this. The euro zone economy has been in the slow-growth mire for so long that statements from ECB president Mario Draghi (inset) last year that ... more»
  • Brexit Trigger in Focus for British Pound, More Strength Likely

    18:26 | 25/3/17
    DailyFX
    ... triggering of Brexit on Wednesday is the main event on the UK calendar in the coming week but the markets have become so used to the idea that the UK will leave the EU in due course that it is unlikely to have a significant impact on the British Pound. more»
  • Australian Dollar Retreat Looks Unlikely to Stop

    17:52 | 25/3/17
    DailyFX
    Julius Caesar was well advised to be wary of the Ides of March - he was murdered on it after all - but this year that day, March 15, was when Australian Dollar bulls avoided the knife. For it was then that the US Federal Reserve delivered what's now ... more»
 
 
 
 
Recent News
  • Our $ And World

    11:42 | 25/3/17
    Fiji Sun Online
    The Fiji Dollar (FJD) is a managed currency and it operates on a fixed (pegged) exchange rate regime. It is fixed to a basket of currencies which are its major trading partners which includes the United States, Australia, New Zealand, Japan, Euro zone. more»
  • Euro May Be Ready to Rise: Cramer's 'Off the Charts'

    11:18 | 25/3/17
    TheStreet.com
    However, Garner argues that most of those assumptions have already been baked into investor assumptions about the euro. In fact, she believes the euro is forming a base here, meaning it's gaining adherents as it trades sideways and possibly preparing ... more»
  • Canadian Dollar dips on tame inflation; speculators' bets swing bearish

    10:33 | 25/3/17
    Financial Express
    The Canadian dollar weakened on Friday against its U.S. counterpart as tame domestic inflation dampened pressure on the Bank of Canada to turn more hawkish, while CFTC data showed a sharp swing by speculators to bearish bets against the loonie. more»
  • CORRECTED-Speculators cut net short bets on Mexican peso to lowest since Nov ...

    10:09 | 25/3/17
    Reuters
    (In second paragraph, corrects number of contracts to 3,281 from 3,122; makes clear "lowest" refers to number of contracts) By Dion Rabouin NEW YORK, March 24 Currency speculators decreased the number of net short bets on the Mexican peso for the fifth ... more»
  • Mexican peso heads for largest monthly rise in 5 years as Trump agenda falters

    09:14 | 25/3/17
    MarketWatch
    The Mexican peso is headed for its largest monthly gain in nearly five years as President Donald Trump and his partisans suffer the first major legislative setback of his presidency. more»
  • Gravitas Financial Inc. Announces Acquisition of a UAE Financial Company

    09:03 | 25/3/17
    Yahoo Finance
    The purchase price is 100 million UAE Dirham (approximately USD$27.25 million), of which approximately USD $15 million is due at closing, subject to adjustments. more»
  • (OFFICIAL)-Croatia preparing law to save economy from Agrokor-like fallouts

    09:03 | 25/3/17
    Nasdaq
    (Govt corrects debt amount in para 4 to euros, instead of kuna) By Igor IlicZAGREB, March 24 (Reuters) - Croatia's government is drawing up a law to protect the economy if a major company runs into trouble, Deputy Prime Minister Martina Dalic said on ... more»
  • Is Devaluation of the Yuan Affecting China's Market Performance?

    07:22 | 25/3/17
    Market Realist
    The Chinese yuan (CYB) (CNY) fell more than 6.0% in 2016 and is expected to continue its downward trend in 2017. The Fed's recent interest rate hike in the United States will most likely encourage the movement of capital from China to the United States ... more»
  • EMERGING MARKETS-Mexican peso at 4-month peak ahead of US healthcare vote

    05:52 | 25/3/17
    Reuters
    SAO PAULO, March 24 The Mexican peso firmed on Friday to its strongest in four months ahead of a key vote on the U.S. healthcare overhaul plan seen as a test of President Donald Trump's self-described skills as a negotiator. more»
  • South Africa's rand retreats as rally loses steam, stocks slide

    05:18 | 25/3/17
    Nasdaq
    All eyes in currency markets on U.S. politics * Life Healthcare, mining firms down * Government bonds also weakened (Updates with closing prices) JOHANNESBURG, March 24 (Reuters) - South Africa's rand retreated against the dollar on Friday, giving up ... more»
  • The week in Royals spring training: March 24

    04:56 | 25/3/17
    Royals Review
    Christian Colón got the scoring started for the Royals with an RBI double, one of two hits on the day. Alex Gordon also doubled home a run, but ... Salvador Pérez is expected to be back behind the plate on Friday. The Royals released Jonathan Sanchez ... more»
  • Porsche employees to get 9111 euro bonuses

    04:45 | 25/3/17
    Autoweek
    Well, if you were wondering where Porsche's $17,250 per-car profit was going, we know now. Porsche has announced it will be giving 9,111 euro (we see what they did there) bonuses to its 21,000 employees. That's about $9,800 at current exchange rates. more»