US Dollar Braced for Worst as Traders Prepare for Greece, Fed Euro Faces Collapse or Relief Rally with Greek Election Japanese Yen Stands to Gain on Flight to Safety…or Does It? British Pound Awaits Greek Election Aftermath for Direction Cues Gold Looks for First Positive Month Since January – Next Week Critical Australian Dollar...
By CHARLES BABINGTONAssociated Press WASHINGTON (AP) – There’s not much President Barack Obama can do to boost the economy in the next five months, and that alone might cost him the November election. But on a range of social issues, Obama is bypassing Congress and aggressively using his executive powers to make it easier...
BUDAPEST (Reuters) – The deepening economic crisis is taking its toll on Hungarian Prime Minister Viktor Orban‘s government — two years after a landslide election victory his party’s support is crumbling and three-quarters of voters believe the country is on the wrong track. Growing disillusionment can be felt across the central European nation, whose...
www.fxcm.com sales@fxcm.com 1.212.897.7660 1.888.50.FOREX Forex Weekly Forecast Weekly Fundamental Outlook for the Majors June 17, 2012 – June 22, 2012 DailyFX Research Team David Rodriguez John Kicklighter Ilya Spivak Michael Boutros Christopher Vecchio Currency Strategists Market Themes US Dollar Braced for Worst as Traders Prepare for Greece, Fed Euro Faces Collapse or Relief Rally...
Is EU aid for Spanish banks sufficient to stabilize the economic situation in the country or will Spain eventually have to ask for a sovereign bailout as well? With no hesitation, I can say that Spain will need a bailout. Consider this: Spanish banks hold nearly 65% of Spanish sovereign debt; so when the...
WAYNE, Pa.–(BUSINESS WIRE)– SunGard, one of the world’s leading software and technology services companies, today announced that effective July 2, 2012 Charles Neral will be its new chief financial officer. Mr. Neral succeeds Robert Woods who has decided to leave SunGard to explore other interests. Mr. Neral brings to SunGard more than three decades...
Fundamental Forecast for British Pound: Neutral Speculative Sentiment Points to Bearish British Pound Bias UK Trade Deficit Widens to a Multi-Decade High in April NIESR Predicts the UK Economy Emerged from Recession Stagnant UK Industrial Production Weighs on British Pound Financial markets have turned their attention to the outcome of the weekend’s Greek election,...