Where the tests stringent enough? The day's big event was the release of Euro-zone bank stress tests, which were set out to gauge whether Europe's banking sector has sufficient capital. Added: 25/07/2010 05:02:00 PM
Euro falls below $1.23 but rebounds late With Stocks in Asia opening with sharply lower risk aversion took the EUR/USD pair below the 1.23 level and the GBP/USD below 1.45. Added: 17/05/2010 11:05:00 PM
Goldman news boosts Yen, weakens commodity currencies The news prompted a sell-off in U.S. equities which heightened the sense of risk aversion in currency markets benefiting the Japanese currency. Added: 17/04/2010 11:31:00 AM
Dubai stocks surge 10% on bailout announcement The Dubai stock market surged over 10% as Dubai anounced that it received $10bn from Abu Dhabi to help it repay a $4.1bn Sukuk maturing on December 14. Added: 22/12/2009 05:49:00 PM
Greenback gains overnight Weak stocks in Europe and Asia, along with a weaker than expected GDP release from China increased risk aversion overnight, benefiting the greenback. Added: 24/10/2009 12:52:00 PM
Euro gives up overnight gains following ECB decision The Euro gave up overnight gains following the ECB decision. The Yen weakened on higher stocks, while the Pound gained on the greenback and Euro. Added: 04/09/2009 06:19:00 PM
Top videos
Where the tests stringent enough?
The day's big event was the release of Euro-zone bank stress tests, which were set out to gauge whether Europe's banking sector has sufficient capital.
Euro falls below $1.23 but rebounds late
With Stocks in Asia opening with sharply lower risk aversion took the EUR/USD pair below the 1.23 level and the GBP/USD below 1.45.
Yen rebounds from two-week low
The JPY rebounded from a two-week low against the USD after Moody's Investors Service said it is preparing rating cuts on subprime losses.
Pound falls against USD
The GBP fell against the USD after an industry survey showed the housing-market slowdown in Great Britain is worsening.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of this Web site does not constitute advice or a recommendation by Middle East FOREX and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this Web site.
In no event shall Middle East FOREX be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the Middle East FOREX Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Regional Sites