The U.S. dollar’s status as a safe-haven currency in risk aversion mode gains momentum again, as investors avoid risky assets amid intensifying concerns over the euroarea crisis. Besides, other safe-haven currencies such as Japanese yen (JPY) and Swiss franc (CHF), which also attract investors’ attention in risk-off environment, seems to be out of favor as their respective central banks doesn’t intend to see them appreciate.
The euro (EUR) rose against its major counterparts on Tuesday following the release of better-than-expected growth data in Germany and eurozone, although concerns over Greece exiting the eurozone remain intact weighing on the single currency.
The downtrend in the euro (EUR) seems set to last in the coming weeks as the single currency continues to come under pressure due to political uncertainty, sovereign debt crisis, and deepening recession in the eurozone.
Forex software developer chooses emc2Trading Solutions as official agent in Brazil to tot up seven international agencies.
The euro continued to weaken against the British pound to reach a near-two-year low on Wednesday, after the release of dismal economic data showing that the region is heading towards a deepening recession.
Forex development giant moves further into smartphone option.
Dubai Gold and Commodities Exchange certifies Metaquotes platform.
The April outlook for British Pound Sterling is expected to be resilient, mainly due to recent PMI data releases about services sector, construction and manufacturing of the UK economy and also struggling eurozone economy.
Mauritius' Global Board of Trade clears way for MetaQuotes Software Corps with independent software vendor status.
Forex software developer MetaQuotes adds financial instrument and price dynamics charts as major development in mobile trading platforms.
Finance ministers finally thrash out agreement to shore up Greece and bolster shaken currency market.
Forex brokers can access liquidity round the clock with MetaQuotes Software gateway.
There were panic reactions with stocks falling across the board over fears of political instability in the region.
A young man and women are in intensive care after a Russian nightclub was flooded with boiling water from a nearby main, forcing party goers to flee on makeshift boats.
A weak global economy will put downward pressure on Britain's high rate of inflation and as a result the sterling will have to remain weak, according the newest policymaker at the Bank of England Ben Broadbent.
Leonardo DiCaprio jumps from fifth to first place to beat Depp for the first time. Over the past year Depp earned $50 million to DiCaprio's $77 million. Both actors have achieved wealth and fame by making some unusual choices with their careers.