Posts Tagged ‘central bank’

Economic Summary of the week

resistenza Let's see what are the macro economic data were released during last week. The day of Monday, being the day after Easter, has seen very little published data, since most of the market was just closed for the holiday period.

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Parity with the U.S. dollar will be short

2e30da279f7c5e504cff48a252934796Those expecting the imminent Canadian dollar parity with the U.S. dollar should consider another phenomenon: the rise of the U.S. dollar on world markets.

Ashraf Laidi, chief market strategist at brokerage CMC Markets in London, doubts, moreover, that the dollar will reach parity with the greenback. And if there is parity, by the end of June, it was of short duration and will be followed by a decline in the Canadian currency. Thereafter, the dollar could fall as low as $ 0.90 U.S., says he. (more...)

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Euro Dollar short-term

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This week we saw as the euro falls accentuated. The fear that countries such as Greece, Portugal and Spain can not refinance their deficits, caused the closure of the euro on Friday fell to their lowest levels since May 2009.

The euro depreciated against the dollar to close at 1.3691. Since early this year meant a brutal drop more than 5% variation. Read the rest of this entry »

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Forex: Euro slightly firmer

FRANKFURT (AFX) - The euro (dollar) has on Tuesday presented a little harder. In early trading, the common currency cost 1.4405 U.S. dollars, after the night before recorded even under the mark of 1.44 U.S. dollars. A dollar that was worth $ 0.6942. The European Central Bank (ECB) had fixed the exchange rate on Monday at 1.4369 (Friday: 1.4374) dollars. Read the rest of this entry »

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European Central Bank

The European central bank is the Central European finances, that is established due to the creation of the single European currency, the euro and the European union of nations (EU). The European Central Bank is located in Frankfurt am Main, Germany, from where it was listed as the main axis of the symbol and proper functioning of the Euro system finance. Read the rest of this entry »

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“The first credit bureau, waiting for buyer

Market credit bureau (CRB) had not yet properly formed, as its members began to think about consolidation. Some owners want to CRB quickly sell your business, being unable to contain. Read the rest of this entry »

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Head of Central Bank of Russia against sudden changes in the Dividend Policy of Sberbank

Sberbank will not drastically change its dividend policy, said Friday the head of the supervisory board of Russia’s largest bank, Read the rest of this entry »

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Foreign Exchange Market Quotes: Week of 5 to 9.1

Finally, there was a trend change. In this early 2009, the value of the euro in December after his fantastic, it has fallen. The drop is considerable, and its reason can be found at the next meeting of the European Central Bank, to be held on Thursday 15 January, where one can take a decision on a further fall in interest rates. This would play against the value of the euro against other currencies. Read the rest of this entry »

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