SUBSCRIBE TO FEED'Continues' Tag
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Poland Continues As Bright Spot in Region
February 4, 2012Poland was granted a precautionary loan under the IMF’s Flexible Credit Line in 2010, but hasn’t needed to draw on the funds. How has Poland managed to weather the global crisis with some of the highest growth rates in Europe? IMF Survey Magazine
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Euro Continues to Struggle in Forex Trading
January 7, 2012Debt crisis concerns continue to weigh on the 17-nation currency Euro continues to struggle in forex trading today as debt crisis concerns weigh on sentiment. Yesterday’s failed French bond auction is only underscoring the point, and the downgrade of Hungary isn’t helping matters, either. Additionally, shares had to stop trading on UniCredit, and Spain’s new [...]
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Euro Continues to Struggle Against the Pound
December 26, 2011UK pound seen as a relative safe haven in Europe The euro continues to struggle against the pound in forex trading, heading lower as traders prefer the British currency to the 17-nation euro. Indeed, with all of the troubles in the eurozone, many are beginning to see the pound as something of a safe haven [...]
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Eurozone Crisis Continues to Widen in the Global Market
December 22, 2011US dollar gains on uncertainty The eurozone debt crisis appears to be spreading to other markets. Indeed, one of the fears was that the crisis would begin impacting wider markets. And, as eurozone leaders work to contain the problem in Europe, there isn’t much done to contain the crisis elsewhere. Indeed, attempts by eurozone banks [...]
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Euro selling continues on Italy concerns
November 11, 2011With the positive impact of the news that Italian PM Silvio Berlusconi is to step aside quickly wearing off, risk aversion spiked higher once again yesterday. A jump in 10-year Italian bond yields well above the 7% level that many consider unsustainable caused investors to move into safe haven assets such as the USD. As [...]
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Euro Continues to Struggle in Forex Trading
September 22, 2011U.S. dollar higher in currency trading The euro continues to struggle in forex trading on the currency market. The 17-nation currency attempted to break through resistance earlier, but was thwarted. Continued worries about the sovereign debt situation in the euro zone aren’t helping matters for the currency, and concerns that the global economy could slip [...]
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Euro Continues to Show Weakness in Forex Trading
September 6, 2011Currency trading on the FX market The euro continues to show weakness in forex trading on the currency market today. Even though U.S. stock markets are closed, other financial markets are open, and the FX market continues to see trading today. Euro is weaker on the news coming out of Germany. With Angela Merkel’s party [...]
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USD CONTINUES TO SUFFER LOSSES
August 23, 2011Yesterday on a whole saw a calmer day on financial markets and with the major currencies, though still somewhat choppy, remain well within familiar ranges. Overall, markets continue to look ahead to Friday’s speech by Fed Chairman, Ben Bernanke with speculation about whether or not he will use the opportunity to raise the prospect of [...]
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Euro Volatility Continues on the Forex Market
August 17, 2011Euro heads lower after rally earlier Earlier, the euro surged higher in forex trading as news about a meeting between Angela Merkel and Nicolas Sarkozy was circulated. Their announcement that the euro zone rescue fund was big enough, and that a tax on financial transactions would be introduced in September helped spur confidence. However, the [...]
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EURO SOVEREIGN CRISIS CONTINUES
August 8, 2011Through the euro zone sovereign crisis the euro has found underlying support in its comparatively higher interest rates and the prospect of further tightening from the ECB. Thus, the growing perception (which intensified after yesterday’s ECB press conference that the central bank could be less aggressive in tightening monetary policy than ori Read more … [...]
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IMF Continues Push Toward Enhanced Global Financial Safety Net
July 29, 2011New research by IMF staff outlines options—including an enhanced global financial safety net—to address crisis risks from the increasingly complex financial and economic links between countries and markets. The analysis identifies and focuses on four systemic crises since 1980. IMF Survey Magazine
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U.S. Dollar Continues Strength on Risk Aversion
July 13, 2011Greenback in currency trading The U.S. dollar continues to show some strength as risk aversion remains the story of the day. Focus is still on Europe as euro zone leaders try to figure out what to do about Greek debt. Indeed, the confusion about what’s on the table, and what isn’t, is contributing to the [...]
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STERLING CONTINUES TO SUFFER SHARP LOSSES
June 25, 2011After sharp falls yesterday (as traders bought up the dollar following the tone of the Fed’s Wednesday evening press conference and on the back of some disappointing eurozone data) the euro found some support late in the day and overnight on the news that Greece had reached agreement with the EU and IMF on the [...]
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Recovery Continues But Crisis Risk Remains, Says IMF
June 23, 2011Europe’s economic recovery is broadly sound, but the sovereign debt crisis in parts of the euro area needs to be tackled before it causes trouble in the heart of Europe and spills over to the rest of the world, the IMF said in its latest assessment of the region’s future. IMF Survey Magazine
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Japanese Yen Continues to See Weakness
April 28, 2011Yen in currency trading The Japanese yen continues to see weakness in currency trading on the FX market. Today, the yen is actually gaining against the U.S. dollar, but it is down against the euro, pound and Swiss franc. The yen softened in March after the G7 intervened to help keep the currency from appreciation [...]
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U.S. Dollar Continues to Struggle in Forex Trading
April 26, 2011Greenback down in currency trading The U.S. dollar continues to struggle in forex trading on the currency market as worries about what’s next for the dollar make other currencies more attractive. Indeed, the euro is higher today against the greenback in currency trading. Some of the issues that are weighing on the dollar include: Budget [...]
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Aussie Continues to Gain in Currency Trading
April 21, 2011Commodity currencies leave parity in the dust The Aussie continues to gain in currency trading on the FX market, even though its support was cracked a little bit. However, there is strong support for the Aussie as forex traders look forward to Chinese growth (China trades heavily with Australia). Another factor supporting the Aussie in [...]
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Euro Continues to Surge in Forex Trading
April 13, 2011Currency trading on the FX market The euro continues to maintain the upper hand against the U.S. dollar in forex trading on the currency market. Euro is heading higher, in spite of the general risk aversion in the financial markets today. Instead of focusing on Japan and a possible nuclear crisis, like so many of [...]
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Euro Continues to Gain in Forex Trading
April 9, 2011U.S. dollar down across the board Surging metals prices are sending the euro higher in forex trading, as the dollar drops across the board. Euro continues to gain in forex trading, targeting 1.51. Right now, risk appetite for higher yields is high as the U.S. dollar is forced lower by sky rocketing gold prices and [...]
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Aussie Continues to Surge in Forex Trading
April 3, 2011Australian dollar gets support from prospect of global economic growth The Aussie continues to surge in forex trading. An Australian dollar rally that started yesterday continues today as commodities — especially gold — show signs of strength. One of the drivers right now is the prospect of global economic growth. The latest employment data out [...]