Posts published in April 2014

Ukraine Difficulties Erode Eurozone Confidence

The situation in Ukraine continues to deteriorate, and that is impacting confidence across the eurozone. The pessimism starting to rise in the 18-nation currency region is impacting the euro, and sending it lower against some of its…

Read More

Ruble Rebounds on Hopes for Mild Sanctions

The Russian ruble gained today on speculations that sanctions against the nation will not be too severe and the conflict with Ukraine will not result in a full-scale war. The ruble still remains…

Read More

UK Pound Continues in an Upward Trend

UK pound is continuing its upward trend today, heading higher as expectations for monetary tighten improve. With data improving in the United Kingdom, and questions being raised in other major economies,…

Read More

Won Rallies on Wider Current-Account Surplus

The won advanced today as South Korean current-account surplus widened last month, supporting the positive outlook for the nation’s economic growth. There are speculations that the rally was also caused by exporters…

Read More