Economic Recovery Archive
The pound climbed just over two cents against a broadly weakened aussie dollar on Friday with a rise in risk aversion putting selling pressure on the higher-yielding currency. - Weak data in the US and plummeting global equity markets enable …
The pound edged higher, achieving its biggest weekly advance against the euro since January, as signs pointed to the UK economic recovery talking hold. - The pound/euro pairing was little changed at the end of last week, though sterling did …
Sterling edged up against the aussie yesterday, benefiting from improved UK sales data, which supported claims that the UK economy is recovering. - On Monday evening, MPC member Adam Posen, following negative GDP data, stated that there were still signs …
Sterling pushed back over 1.10 in trading yesterday as data revealed a pick-up in UK realised sales dulling concerns over the health of the British economy. - The pound continued to recover last week's losses as the UK CBI realised …
According to currency analysts Morgan Stanley, by the end of the Swiss franc could strengthen to a mark of 1.50 against the euro (compared to before. Forecast 1.54), as well as economic recovery and higher inflation leads central bank to …
At any given time, the theoretical value of the shares - this is just your present value of future dividends. Because the company earns money, theoretically, the profits will be paid to investors.The task of the investor is to determine …
The single currency resumed its upward march against the greenback yesterday, finally broaching the 1.50 mark, to close up half a cent at 1.5015. - In early trading, the euro retreated from near 14-month highs as some investors bet European …
Although published in the previous session, quarterly reports were once again better than forecasts, the markets have decided instead to beat the American statistics, which do not meet the expectations that led to a strengthening dollar and a slight co...
Sterling climbed over a cent and a half against the kiwi in trading yesterday as the market briefly turned bearish on higher-yielding currencies. - The pound reversed losses incurred on Monday, but closed the day some way from its intra-day …
The kiwi advanced over three and a half cents (1.6%) against the pound yesterday as investors showed renewed enthusiasm for risky assets. - Rising commodity-prices and stronger-than-expected corporate earnings in the US have contributed to continued demand for higher-yielding currencies. …
The single currency resumed its climb against the dollar in trading yesterday, supported by rising confidence in the global recovery, closing the day up 0.4%.- The euro hovered just below the psychologically important 1.50 level as the US dollar remained …
Sterling managed to close last week at a near two-week high of 2.2056 against kiwi, as the UK currency continued to build on support from a BoE official. - The ailing pound managed to build on Thursday’s gains, rallying a …
The single currency pushed higher once again as the greenback suffered from rising appetite in the wake of positive economic signs.- The dollar initially made after ECB President Trichet said that the US government and the Federal Reserve should pursue …
Currently scheduled reports earnings Citigroup, Goldman Sachs and Google. If the results exceed expectations, stock markets continue to rise.Bank "JPMorgan" yesterday issued a strong quarterly report, which, together with the report "Intel" has become ...
While the currency markets wavered, hesitating to jump into a train of risk on the New York session, Wall Street took the bull by the horns, and the DJIA index Breaks at 10 000 points for the first time since …