Currency deals and transfers continue to depend on the stock moves
Apart from the expected Bush’s statement as a not-so-important factor coming from the US, all other factors determining the directions of the currency rates are from the stock market as well as some of ECB statements these days. ...Read More
Everything is calm in the money transfer field as well as the forex market in USA and Europe today.
The financial plan of George Bush and some of the other political leaders in America might actually become a positive factor for the USD and the global economy but certainly is an enemy of the EUR currency and currency/money transfers in Euro. ...Read More
A continuous EUR/USD correction due to the chaos on the world market
The start of this week was completely chaotic for the stock exchange/transfer markets, which reflected on the currency FOREX too, but of course with moves not so critical as they were for the stocks. ...Read More
Another uneasy week passed under the carry-trade slow fade.
Another uneasy week passed under the ‘carry trade’ slow fade. ...Read More
Euro continues losing positions
Today in the USA because of the celebrations of the Martin Luther King Day the situation is idle and no movements have been noticed, and by the way in Europe it is all the same. ...Read More
Daily Forex Analyse for the EUR
Yesterday, we noticed an impressive recovery of the USD versus the Cable and the EUR, this progress began after the Federal Reserve report showed the US economy increased at a humble pace at the end of 2007. ...Read More