Archive for the ‘forex news’ Category

Hong Kong Dollar, Euro, Pound Sterling and US Dollar Currency Forecasts For Today

The POUND STERLING has endured a torrid day on the markets, following the release of the minutes of the most recent Bank of England monetary policy committee meeting.

Merkel Speaks in Germany

Merkel Speaks in Germany Says: ‘We want a financial transaction tax in Europe’ Euro area must be built on trust EU to aid Greece, Portugal, Ireland ‘is right’ Euro-Area aid countries must do ‘their homework’ Greece needs ‘state that functions properly’

Partnering For Global Impact? 2012 to be held In Lugano, Switzerland in July

…effectively interact and do business,” said Cornelius Pietzner, Managing Director of Alterra Impact Finance, an impact investment management firm based in Zurich, Switzerland. “Partnering for Global Impact is an important event specifically designed to help…

Swiss Set Tax, Secrecy Revamp

…to improve its standing as a tax-compliant and efficient financial center, including the requirement on banks to ensure foreign clients in future declare their tax obligations.

Swiss Government Wants Bank Clarity On Tax From Foreign Clients

…– The Swiss government Wednesday said it will require banks to take further steps to ensure foreign clients make a declaration on their tax obligations as it seeks to polish its financial market reputation. “The focus is on enhanced due diligence requirements…

Bund Analysis

German government bonds trading higher Wednesday following weaker than expected European flash PMI data and gains in UK Gilts after dovish Bank of England minutes. Bunds opened lower ahead of German 2-year Schatz supply, with the benchmark 10-year Bund yield finding support ahead of the key 2.00% level as markets grow cautious over the full implementation of Greece’s second bailout deal, with press reports continuing to point to problems for both the PSI deal and for the actions of the Greek government

US Existing Home Sales Data Due at 10AM EST

US Existing Home Sales Data Due at 10AM EST

EU on the Wires

EU on the Wires Saying: ICAO should continue to work on global CO2 curbs on aviation It is sure EU legislation doesnt breach international law ICAO dispute procedure will side with EU Law allows ban on airlines for lack of CO2 compliance Hungary has ‘plenty of time’ to avoid deficit sanctions Iran must fully cooperate with IAEA Foreign ministers to discuss extending syria sanctions  

George Hobica: Hiking In The Swiss Alps Doesn’t Have To Cost A Fortune

…this beauty. Inside, the 35 rooms (10 of them private) are tidy and simple, and amazingly cheap for Switzerland (most of the huts described here won’t set you back more than $35 or $40 per night, even with the Swiss franc reaching parity with the U.S

EUR/USD Classical Technical Report 02.22

EUR/USD: Inability to close below previous key support at 1.3025 leaves the market locked in some multi-day consolidation, with no clear short-term directional bias. At this point, the key levels to watch above and below comes in by 1.3325 and 1.2970 respectively, and a daily close above or below will be required to open the door for the next major move. Until then, we can expect to see some choppy inter-day trade