Posts published in September 2011

Asian Stocks Push AUD, NZD Up

Both the Australian and the New Zealand dollars appear to be benefiting from the Asian stock market recovery, rising from the yesterday’s strong fall. Influenced by the daily growth in the Japanese and the Korean stock markets,…

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UK Pound Mixed in Forex Trading

Earlier today, the UK pound was falling in Forex trading. A drop by the FTSE 100, as well as concerns about bank capitalization, were among the factors causing losses for the sterling. Now, though, things…

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Euro Continues Its 4-Day Rally on New Prospects for Stability

The euro is rising for the fourth day in a row on the Forex market today, following the successful pass of the anti-crisis vote in Greece, “stability bonds” talks in eurozone and a possible revival of the corporate bond market in Europe.…

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Germany: Greens and SPD Vow to Support Euro

One of the difficulties associated with making progress on the sovereign debt crisis, and bailing out countries like Greece, has been foot-dragging from Germany. Angela Merkel, the conservative German chancellor, has…

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