Daily Forex News
Daily forex news and updates. Currencies, Stocks, Commodities, Market Indices. Latest forex market news and analysis
Daily Market Wrap – 12/10/2012
Standard and Poor’s downgrade of Spanish debt rating was seen as a positive move by the markets vetting investor optimism that the downgrade might speed up Spain’s request ...
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Direct Line IPO Valued at £2.6 billion
Ahead of its IPO, Direct Line shares were set at 175p in what seems to be the stage for the biggest UK stock market listing during the year.
Early trading session saw Direct Line shares ...
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Daily Market Wrap – 11/10/2012
Standard and Poor’s imminent decision to cut Spain’s ratings by one notch to “junk” status has been a cause for concern for investors but it could well act as ...
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Daily Market Wrap – 10/10/2012
Greece saw some widespread protests as German Chancellor Angela Merkel paid her first visit to the country since the crisis began. Uncertainty of Spain’s financial assistance ...
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IMF Cuts UK Growth Forecast – 0.4% Contraction this year
The IMF revised its UK’s growth forecast, stating that the UK’s economy will contract by 0.4% this year. The comments come less than 24 hours after the speech by Chancellor ...
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Daily Market Wrap – 09/10/2012
The World Bank downgraded China’s outlook to 7.7% this year and 8.1% for the next year, down from 8.2% and 8.6% respectively. Meanwhile the outlook for East Asia was revised down ...
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Daily Market Wrap – 08/10/2012
The Euro declined 0.4% to trade at $1.2987. German Chancellor Angela Merkel visited Greece but instead of lifting the single currency, the visit to Greece weighed in on the Euro.
Spain ...
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GBP Gains on USD, hits 2 week low against Euro
The British Pound made the largest gains in the week against the US dollar on Friday while hitting a two week low against the Euro driven by the drop in US employment data which boosted ...
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