From FX Madness, 2 weeks ago. Similar articles
Everybody knows that most major economies carry a monumental amount of public debt. In fact, there is very little realistic chance that these obligations will be paid off and not only in case of Greece, Spain or Italy. In some countries, central banks have become the largest holders of national debt, largely through easing operations meant to stimulate economies. In essence, governments are borrowing from other government institutions, which are ?printing money' and putting these debentures...
From FX Madness, 3 weeks ago. Similar articles
With much fanfare, the Euro zone zone launched its European Stability Mechanism today, the new rescue fund meant to provide financial relief to struggling economies. Participating countries are expected to start placing contributions this week, with Germany carrying the biggest burden of 27% of the total. Eventually, the fund is designed to have a capacity EUR 500 billion and be in full strength by the end of 2014. While some critics maintain the fund is too small, especially if Spain and...
From The FairFX Foreign Currency Exch, 4 weeks ago. Similar articles
Maureen is a FairPay user, transferring money from the UK to Italy on a regular basis. She runs a guesthouse called La Balconata in the heart of Tuscany - http://labalconata.com/ 10 years ago I made the biggest decision of my life by upping and leaving my rural Kentish town and moving to Tuscany. Leaving my friends, family and beautiful home behind to move to a rundown farmhouse on top of a mountain may sound a little extreme however, it's now a decade later and I have never been...
From PakBlogging.com, 1 months ago. Similar articles
Along the Patriarshi most, the bridge that leads to ?Red October', the former chocolate factory biggest Soviet Union, 10 large transparent display cases contain the most representative creations of Made in Italy, with names ranging from fashion world, design, art to technology, through enology and gastronomy. Read the rest of ExhibITALY: italian art and design in Moscow (Russian) ? Advertise on DYT! - Join us on Facebook - Twitter - Pinterest - Tumblr ...
From Market Pulse FX, 1 months ago. Similar articles
Now that German courts have given the greenlight the ESM, we shall take a look at how the market has reacted. EUR/USD M15 DAX30 M15 XAU/USD M15 BCO/USD M15 Key takeaways: Prices have rallied predictably on the back of ESM ratification. However a few questions remain - Will Italy and Spain apply for bailout funds under ESM' - Will the amount in ESM be enough to save Euro-zone' - Will there be another need for parliamentary approval since German Courts has ruled that German liability...
From Market Pulse FX, 1 months ago. Similar articles
Is this it' Are we finally going to get what we have been speculating for some time or will Draghi fall on his sword as his own credibility gets tested in a few hours' Investors are hoping that Super Mario will deliver on his promise to save the EUR. A new bond purchase program to help bring down borrowing costs for the peripheries, specifically Spain and Italy, is vital for buying respective governments time to come up with a longer term solution to the Euro-zone debt crisis. It is also...
From Top Forex News, 2 months ago. Similar articles
After three days of rallying, the euro is slipping as traders await moves from the ECB to support the 17-nation currency. Last week, Mario Draghi indicated that the ECB is ready to take some of the burden of Italy and Spain, but many are still waiting for something substantial. (...)Read the rest of Euro Slips as Traders Await Central Bank Moves (123 words) Posted on Forex News.
From Market Pulse FX, 3 months ago. Similar articles
The problems in Spain and Italy cannot be waved away by mere words and Draghi's intervention, forceful it has been, is only leading to more questions. The market has heard most of the forceful rhetoric that was going to do most of the biggest FX damage, now it's wait and see for the FOMC and ECB. What are they going to deliver' It been reported that Bernanke may be taking another look at cutting the interest rate the Fed pays on bank reserves to bring down short-term borrowing costs and spur...
From Top Forex News, 3 months ago. Similar articles
Euro retains the upper hand today, gaining against its major counterparts, thanks in large part to expectations about what the ECB will decide. A policy decision is expected later this week, and there are hopes that the central bank will announce a plan to buy foreign debt in an effort to bring down soaring bond yields in countries like Spain and Italy. (...)Read the rest of Euro Retains Upper Hand, But Sees Limitations (116...
From PakBlogging.com, 3 months ago. Similar articles
London Olympics 2012: On day 3 of the 17 day world event, the results are as follows. The People's Republic of China is leading the Olympic games with 12 medals comprising of 6 Gold, 4 Silver and 2 Bronze wins. Following them is United States of America with 11 medals ? 3 Gold, 5 Silver and 3 Bronze. Third position is currently taken by Italy with 7 medals including 2 Gold, 3 Silver and 2 Bronze. Fourth and Fifth positions are being led by...
From Top Forex News, today. Similar articles
US dollar is moving higher today, thanks to better than expected economic data, and concerns about what’s happening in the Europe. Greenback is hanging on to some of its earlier gains against the euro and the pound, and moving higher against the yen. (...)Read the rest of US Dollar Retains Gains After Release of October Jobs Data (134 words) Posted on Forex News.
From Top Forex News, today. Similar articles
UK economic data is showing improvement, and that is helping push the pound higher against the euro. UK data is being contrasted with eurozone data, and the result is helping the pound. (...)Read the rest of UK Data Pushes Pound Higher Against Euro (140 words) Posted on Forex News.
From Top Forex News, yesterday. Similar articles
Euro is heading higher today, gaining as improved economic data in the United States, as well as news out of China, helps high beta currencies. Euro is higher against currencies like the dollar and the yen, but struggling against the pound. (...)Read the rest of Euro Gains As Forex Traders Look for Higher Yields (143 words) Posted on Forex News.
Everybody knows that most major economies carry a monumental amount of public debt. In fact, there is very little realistic chance that these obligations will be paid off and not only in case of Greece, Spain or Italy. In some countries, central banks have become the largest holders of national debt, largely through easing operations meant to stimulate economies. In essence, governments are borrowing from other government institutions, which are ?printing money' and putting these debentures...
With much fanfare, the Euro zone zone launched its European Stability Mechanism today, the new rescue fund meant to provide financial relief to struggling economies. Participating countries are expected to start placing contributions this week, with Germany carrying the biggest burden of 27% of the total. Eventually, the fund is designed to have a capacity EUR 500 billion and be in full strength by the end of 2014. While some critics maintain the fund is too small, especially if Spain and...
Maureen is a FairPay user, transferring money from the UK to Italy on a regular basis. She runs a guesthouse called La Balconata in the heart of Tuscany - http://labalconata.com/ 10 years ago I made the biggest decision of my life by upping and leaving my rural Kentish town and moving to Tuscany. Leaving my friends, family and beautiful home behind to move to a rundown farmhouse on top of a mountain may sound a little extreme however, it's now a decade later and I have never been...
Along the Patriarshi most, the bridge that leads to ?Red October', the former chocolate factory biggest Soviet Union, 10 large transparent display cases contain the most representative creations of Made in Italy, with names ranging from fashion world, design, art to technology, through enology and gastronomy. Read the rest of ExhibITALY: italian art and design in Moscow (Russian) ? Advertise on DYT! - Join us on Facebook - Twitter - Pinterest - Tumblr ...