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Australian Dollar Outlook - 05/25/2012
Bell FX Currency Outlook: With worries a Greek exit would deepen the euro zone debt crisis and risk aversion continuing to mount this week, the Australian Dollar has continued track new lows.
By Christine Gaylican | 00:48 GMT | IBTimes AU
South Korea Market Outlook
South Korean shares rose Thursday as local institutions snapped up stocks on views that local stocks were undervalued that offset lingering concerns over the possible exit of Greece from the EuroZone.
By Paul A. Ebeling, Jnr. | 20:51 GMT | LiveTradingNews
German Economy Hits the Skids
Key German business index down for 1st time in 6 months. A Key German economic indicator, the Ifo business climate index, fell for the 1st time in 6 months despite potential for increased exports, figures released Thursday showed.
By Paul A. Ebeling, Jnr. | 20:46 GMT | LiveTradingNews
Data Disappoints in Europe, US
In economic news, the euro data was overwhelmingly negative, which interestingly enough did not propel the euro lower.
By Tyson Wright, Senior FX Trader | 15:52 GMT | iMoneywire
Currencies and Commodities Creep Lower
In 2008, when the financial crisis was taking form, it was the US who sneezed and the world who caught a cold.
By Tyson Wright, Senior FX Trader | 15:50 GMT | iMoneywire
Australian Dollar Outlook - 05/24/2012
Bell FX Currency Outlook: The Australian dollar has opened this morning around USD.9760, after trading down to a low of USD0.9690 overnight as European equities followed Asia's lead falling around 2.5%.
By Christine Gaylican | May 24 | IBTimes AU
Euro Drops As Leaders Meet; France, Germany Split
As European leaders struggled to hold the euro zone together at a nighttime summit in Brussels, a widening gap emerged between Germany and France, which are now under new management.
By Eric Linton | May 24 | IBTimes
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