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Currency News | May 17, 2012

Are we gearing up for Eurozone Armaggedon?

Are we gearing up for Eurozone Armaggedon?

Good morning and welcome to today’s foreign exchange market commentary on Thursday, the 17th of May. There is much speculation about Greece’s imminent exit. Chancellor Angela Merkel may find it hard to explain to the Germans why more money should be given to the austerity-resistant Greeks. Greek banks are running out of collaterals since they [...]

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Currency News | May 17, 2012

Best Tweets Of The Week – Eurozone And Greece Crisis

Best Tweets Of The Week – Eurozone And Greece Crisis

Top Tweets Of The Week From The Eurozone Crisis Today, our editorial team at MyCurrencyTransfer.com provide a roundup of the most insightful, opinionated, bemused and popular tweets of the week summing up the Eurozone and Greece crisis. People are upset, angry and certainly opinionated about all things Euro and Greece. We wanted to take some time out [...]

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Emigration, Expatriates | May 16, 2012

Expat Life Slice By Slice – An Interview With Serial Expat, Blogger And Author Apple Gidley

Expat Life Slice By Slice – An Interview With Serial Expat, Blogger And Author Apple Gidley

MyCurrencyTransfer.com took some time out to speak with serial Expat Apple Gidley, 53. She is an Anglo-Australian now living in Houston, Texas, relocating a whooping 26 times within 12 countries throughout her life.  We wanted to know a little more about Expat Life Slice by Slice, Apple’s expat story and what advice she would give [...]

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Currency News | May 16, 2012

Poll Shows 75 percent of Greeks wish to stay in Eurozone

Poll Shows 75 percent of Greeks wish to stay in Eurozone

Good morning and welcome to today’s foreign exchange market commentary on Wednesday, the 16th of May. Though speculation of an imminent Greek exit has flooded the markets over the past 24-hour, there are possibilities that the current turmoil drags on for months. The present political vacuum has effectively ensured that no political party, even after [...]

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Currency News | May 15, 2012

What is the impact of Greece leaving the EU?

What is the impact of Greece leaving the EU?

Good afternoon and welcome to today’s foreign exchange market commentary on Tuesday, the 15th of May. As Greece inches towards an eventual EU exit, market participants are worried about the possible knock-on effect. Indeed the rest of Europe has lost its patience over Athens’ broken promises as the Greeks have lost appetite for further austerity. The [...]

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Currency News | May 14, 2012

Francois Hollande Promises Balanced Budget By 2017

Francois Hollande Promises Balanced Budget By 2017

Good morning and welcome to today’s foreign exchange market commentary on Monday, the 14th of May. The new French President Francois Hollande has promised change to his countrymen, especially the younger generation who are yet to find jobs. The sad truth is Hollande’s promises regressive that vows to take the country in the opposite direction. [...]

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Quick Hits

Daily Market Commentary 25th January

Daily Market Commentary 25th January

Good morning and welcome to today’s foreign exchange market commentary on Wednesday the 25th of January. The domestic economy doesn’t look good and February may witness another round of liquidity injection by the Bank of England. The economy has nearly stagnated despite the central bank keeping rates at 0.5 pc for nearly a year now. [...]

Exchange Rates and Market Commentary [24/01/2012]

Exchange Rates and Market Commentary [24/01/2012]

Good morning and welcome to today’s foreign exchange market commentary on Tuesday the 24th of January. The Greek debt deal, that has nearly the entire world’s attention, proved elusive yet again as the ongoing PSI (private sector initiative) negotiations failed to reach a conclusion yesterday. Though there is a general consensus that time is running [...]

Exchanges Rates and Market Commentary [05/10/2011]

Exchanges Rates and Market Commentary [05/10/2011]

Good morning. The European Union remains undecided over it’s next course action, forcing global markets to behave like proverbial headless chickens. After yesterday’s announcement that the next tranche of bailout package for Greece will be delayed, markets worldwide nosedived. Surprisingly however, American markets had recovered by yesterday’s close. The reason? Well, FT reported that European [...]

Exchange Rates and Market Commentary [04/10/2011]

Exchange Rates and Market Commentary [04/10/2011]

Good morning. As Greece inches towards default, the safe havens continue to rally. The USD and the JPY strengthened yesterday after the EU finance ministers’ meet failing to yield any result. The participants failed to reach a consensus, which effectively means that the next IMF tranche for Greece may be delayed. Global markets can expect [...]

Exchange Rates and Market Commentary [03/10/2011]

Exchange Rates and Market Commentary [03/10/2011]

Good morning. Investors are flocking to safe haven of the US dollar this morning after the Greek government made an overnight announcement that Athens would miss a deficit reduction target set just months ago. Finance ministers of the eurozone meet today at 16.00 BST in Luxembourg ahead of another meeting tomorrow. A meeting about the [...]

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