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Browsing Tag
financial news
Currencies Look Past Moody’s Downgrade
The US dollar is broadly mixed against the majors and EMs after the market appears to have shrugged off Moody’s downgrades of European sovereigns. Central banks ability to surprise the market remains intact, even in these trying times. It…
News Links: Toronto Condo Bubble Risk Topping New York
Financial news for 14 February 2012
News Links: Across the Country, Looking for the Economic Recovery
Financial news for 12 Feb 2012
News Links: Apple Is Now Worth More Than Google And Microsoft Combined
Financial news for 11 February 2012
Dollar Higher on Greek Stumbling Blocks
Concerns over the Greek deal have seen the dollar move higher against most of the majors and EMs
EuroStoxx 600 is off its lows but down 0.4%, bank shares down 1.7%; S&P 500 futures down 0.6%
Safe have securities are rallying with…
Majors Trading Flat ahead of the ECB
The dollar is paring back some of its recent losses, with currencies mostly range bound, ahead of the ECB. The EuroStoxx 600 is currently up 0.25%, with bank shares up 0.8%; S&P 500 futures are essentially flat. Euro zone sovereign…
Dollar Mostly Softer as Greek Deal Inches Closer
The dollar is extending its recent losses on hopes that Greece is inching closer to a deal that would ensure the next bailout payment, though the major currencies remain in relatively tight ranges.
Tuesday’s Surprises from Australia and Japan
The dollar is mixed against the majors and EMs but largely remains confined to recent ranges. The EuroStoxx 600 slid for a second straight day, currently down 0.5%; MSCI Asia index holds recent highs. Demand in Greek bill sale eased…