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Written by Forex on Март 22nd, 2013
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Written by Forex on Март 19th, 2013
Euro traded at almost a three- month low against the dollar after Cyprus’s Defence Minister Fotis Fotiou said parliament may not vote on a bank-deposit levy today, fueling speculation the nation’s bailout will falter. The dollar strengthened versus most of its 16 major counterparts before the Federal Reserve starts a ...
Written by Forex on Март 19th, 2013
The euro will depreciate, just not because of Cyprus, according to Morgan Stanley, a self-described long-term bear on Europe’s common currency. While the euro fell 0.9 percent yesterday to $1.2957 in New York trading as a proposed levy on deposits in Cyprus threatened to undermine Europe’s banking system, it still ...
Written by Forex on Март 19th, 2013
The yen declined versus all of its major peers before a change of leadership at the Bank of Japan tomorrow amid expectations for expanded monetary easing.The yen weakened for the first time in four days against the dollar as Asian stocks rebounded from yesterday’s biggest drop in more than seven ...
Written by Forex on Март 18th, 2013
The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. EBS and Reuters' dealing 3000 are two main interbank ...