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LATEST NEWS AND INFORMATION ARCHIVE



1. CURRENCY SOLUTIONS DAILY REPORT. 20 OCTOBER 2009
(20 October 2009 - Currency Solutions)
The US dollar hit a 14-month low against a number of other currencies on Tuesday following a mixed bag of policymaker comments. Meanwhile, the pound rose slightly on early European sessions and the Australian dollar continued its climb.
2. STERLING REGAINS SOME OF ITS WEEKLY LOSES AGAINST USD SEEING A HIGH $1.5120 THIS MORNING
(12 March 2010 - International Foreign Exchange )

3. LACK OF DATA AND THE SUBSEQUENT LACK OF A SPOTLIGHT ON THE POUND WE DID SEE SOME PROGRESS AS IT PUSHED UP ABOVE
(12 March 2010 - World First)
The data today comes in two batches; the first from Canada, the second from the US. Canadian unemployment is due at 12.00 GMT with a consensus view of 8.3% should we see this fall we could expect risky assets to pick up the pace and aim to finish the week in a bullish mood.
4. ASIAN MARKETS WERE MIXED TODAY AS MORE DATA OUT OF CHINA SUGGESTS THE ECONOMY MAY BE 'OVERHEATING
(12 March 2010 - Forex News)
The euro was slightly softer after testing the 1.3660 resistance level early in New York trading yesterday. The single currency has been in consolidation for the past 2 weeks as easing worries about the sovereign debt crisis provided some support.
5. CHINA'S IMPLIED OIL DEMAND FOR FEBRUARY SHOWED A 10% INCREASE OVER JANUARY
(12 March 2010 - MFGlobal)
Total will not invest in Chinese refining assets despite stating in 2009 that it had plans to do so. "We had looked at a project in Southeast China; talks are right now at standstill because we have absolutely no visibility on the margin system," Total's head of strategy said.
6. CLIMATE EXCHANGE STATES THAT IT REMAINS CAUTIOUS BUT THAT THAT IT BELIEVES SEVERAL NEW INITIATIVES ARE PROMISING
(12 March 2010 - MFGlobal)
The FTSE is seen up around 10-15 points higher today after US markets moved a little higher into the close yesterday Burberry is in the news as it is suing US chain TJ Maxx
7. CRITICS ARGUE THAT BRITAIN'S PRIVATE FINANCE INITIATIVES AMOUNT TO MUCH THE SAME THING,
(12 March 2010 - Moneycorp)
The day's ecostats - such as they were - went through on the nod. Canadian and US trade figures were both a little better than forecast. Weekly jobless numbers in the States were slightly worse.
8. CURRENCIES DIRECT DAILY RATES.12 MARCH 2010.
(12 March 2010 - Currencies Direct)
Currencies Direct daily rates.12 March 2010. The rates shown below are based on today's Interbank rates at 07.15 AM.
9. ECONOMIC DATA CERTAINLY HELPED THE MOVE WITH EURO ZONE INDUSTRIAL PRODUCTION COMING OUT MUCH BETTER THAN EXPECTED
(12 March 2010 - Currencies Direct)
Sterling has also ridden higher against the USD back over 1.51…the spike in confidence and the euro gains against the USD have driven this move higher
10. EURO EXPULSION FOR EUROZONE DEFICIT VIOLATORS?
(12 March 2010 - Which Way to Pay)
The German finance minister Wolfgang Schäuble has called for drastic measures for countries who do not stick to the Eurozone’s debt rules – including expulsion from the euro region.

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