Price action today was relatively subdued when compared with the last few sessions. Whilst fears about the future of Greece and a potential breakup of the euro have far from subsided, the market has priced in a lot of this uncertainty and investors will now be carefully watching Athens in
Asia Session: Investors In Asia Receive A Welcome Respite
Asia Session: Investors In Asia Receive A Welcome Respite
Price action today was relatively subdued when compared with the last few sessions. Whilst fears about the future of Greece and a potential breakup of the euro have far from subsided, the market has priced in a lot of this uncertainty and investors will now be carefully watching Athens in
AUD/USD: Aussie Gives Up Some Losses In The Asian Session
For the 24 hours to 23:00 GMT, AUD weakened 0.16% against the USD to close at 0.9921, as risk aversion increased amid deepening turmoil in Greece and fears of contagion to other Euro-zone economies.
AUD/USD: Aussie Gives Up Some Losses In The Asian Session
For the 24 hours to 23:00 GMT, AUD weakened 0.16% against the USD to close at 0.9921, as risk aversion increased amid deepening turmoil in Greece and fears of contagion to other Euro-zone economies.
FOMC Minutes Reveal Members See Slack but Disagree on Its Size
FOMC meeting participants were divided as to the impact on underlying trend of economic recovery of recent positive data. However, most remained of the view that growth will remain moderate over coming quarters before accelerating. This view continues to support the highly accommodative monetary policy stance with the threshold for
FOMC Minutes Reveal Members See Slack but Disagree on Its Size
FOMC meeting participants were divided as to the impact on underlying trend of economic recovery of recent positive data. However, most remained of the view that growth will remain moderate over coming quarters before accelerating. This view continues to support the highly accommodative monetary policy stance with the threshold for
EUR/USD: Trading Higher This Morning
The Euro also came under pressure, after European Central Bank (ECB) stated that it would temporarily stop lending to some Greek banks as they have not been successfully recapitalized. Additionally, International Monetary Fund (IMF), Chief, Christine Lagarde, warned that Greek departure from the euro “would be extremely expensive and hard,
EUR/USD: Trading Higher This Morning
The Euro also came under pressure, after European Central Bank (ECB) stated that it would temporarily stop lending to some Greek banks as they have not been successfully recapitalized. Additionally, International Monetary Fund (IMF), Chief, Christine Lagarde, warned that Greek departure from the euro “would be extremely expensive and hard,