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Mario Draghi’s broken promise spooks global markets
By admin on August 3, 2012Read moreGood morning and welcome to today’s foreign exchange market commentary on Friday, the 3rd of August. ECB President Mario Draghi’s failure to make good of his promises made last...
00Draghi pledges to do “whatever it takes” to save the EUR
By admin on August 1, 2012Read moreGood morning and welcome to today’s foreign exchange market commentary on Wednesday, the 1st of August. While the worlds awaits the outcome of the Federal Reserve FOMC meeting today...
Markets remain wary of Mario Draghi’s pledge to save the euro
By admin on July 31, 2012Read moreGood morning and welcome to today’s foreign exchange market commentary on Tuesday, the 31st of July. As the world waits for the European Central Bank to deliver on its...
European Central Bank “would do whatever it takes” to preserve EUR
By admin on July 30, 2012Read moreGood morning and welcome to today’s foreign exchange market commentary on Monday, the 30th of July. Although Mario Draghi announced last week that the European Central Bank would do...
Bob Diamond’s exit: a turning point in banking industry
By admin on July 27, 2012Read moreGood morning and welcome to today’s foreign exchange market commentary on Friday, the 27th of July. The recent exit of Barclay’s Bob Diamond will go down as a turning...
Euro gains traction against GBP & USD
By admin on July 26, 2012Read moreGood morning and welcome to today’s foreign exchange market commentary on Thursday, the 26th of July. The world’s advanced economies are stuck in an endless debate whether prudent fiscal...
Should Greece, Spain and Italy file for bankruptcy?
By admin on July 25, 2012Read moreGood morning and welcome to today’s foreign exchange market commentary on Wednesday, the 25th of July. Much time has been spent arguing the reasons for national bankruptcy for Greece,...
Spain will require a full-blown rescue package
By admin on July 24, 2012Read moreGood morning and welcome to today’s foreign exchange market commentary on Tuesday, the 24th of July. Yesterday’s developments in Spain bring in focus what economists have been saying for...
Is the recovery stalling?
By admin on July 20, 2012Read moreGood morning and welcome to today’s foreign exchange market commentary on Friday, the 20th of July. The not-so-encouraging economic data from the US yesterday raised the same nagging question;...
Questions over US recovery raised again
By admin on July 19, 2012Read moreGood morning and welcome to today’s foreign exchange market commentary on Thursday, the 19th of July. Following Fed Chairman Ben Bernanke’s testimony before the US Congress yesterday where the...