The euro remained on the backseat for yet another day as the recent rise of the Dollar and fresh news from Greece weighed down on the currency that reached the 1.0900 support. While the Dollar is receiving more support as we mentioned above the news from Greece reiterate how complicated a solution to the Greek problem … Continue reading
Monthly Archives: July 2015
Disney World’s EPCOT is about to get way better
What stock market slump? Louis Vuitton sales are thriving among Chinese shoppers
Barcelona: The most wired city in the world
Disneyland Paris is charging hundreds of euros more to non-French speakers
Dollar Rises vs Majors After FOMC
Sterling outperformed the euro yesterday as we saw GBP/EUR hit a week high as the currency pair traded through the 1.42 handle. There was also a decent move in cable as GBP/USD hit a 4 week high to push the currency pair towards the $1.57 handle. That move did not last however, as market participants started … Continue reading
Sterling slips to two-week low against resurgent euro
Sterling continued its 10-day decline against a resurgent euro yesterday, falling to its lowest in two weeks, as investors looked ahead to British growth data later in the week. With Chinese market turmoil and a slide in commodity prices throwing doubt over the strength of global growth, some sterling traders are starting to question whether the … Continue reading
Global Markets Splutter
Sterling eased against the dollar on Friday, its weakest weekly performance in three, after recent data disappointed and falling oil prices raised some doubts over when the Bank of England would hike interest rates. Sterling dropped to $1.5485, down 0.2 percent on the day, having hit $1.5469 earlier in the day — its lowest in … Continue reading