Search Results for: euro zone
Italy passes 2017 budget, paving way for PM Renzi’s resignation
December 7th, 2016
The Italian parliament on Wednesday gave its final approval to the government’s 2017 budget, which has irked the European Union, paving the way for Prime Minister Matteo Renzi to hand in his resignation. Renzi said he would quit following ...
Italy’s Renzi vows to resign after crushing referendum defeat
December 5th, 2016
Italian Prime Minister Matteo Renzi vowed to resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political turmoil. His decision to quit after just two and a ...
Elliott Wave Analysis: Cable Looking For A New Bullish Run
August 23rd, 2016
Elliott Wave Analysis: Cable Looking For A New Bullish Run GBPUSD fell sharply lower a few weeks back after vote counts for EU membership showed that UK wants to leave the Euro zone. Pair fell to a new low ...
Dollar dips vs yen, kiwi lifted by RBNZ’s rate view
August 23rd, 2016
The dollar dipped against the yen on Tuesday, while the New Zealand dollar rose after the nation’s central bank chief said he did not see the need for a rapid succession of interest rate cuts. The dollar shed 0.1 ...
Greek consumer prices in July for second month in a row
August 8th, 2016
Greece’s annual EU-harmonized inflation rate stayed positive for the second month in a row in July, statistics service data showed on Monday. The reading in July was 0.2 percent, unchanged from June and slightly below market expectations. Economists polled ...
Elliott Wave Analyisis: GBPUSD In A New Possible Reversal
August 4th, 2016
GBPUSD fell sharply lower a month back after vote counts for EU membership showed that UK wants to leave the Euro zone. Pair fell to a new low which was technically expected as you know since we counted bounce ...
Elliott Wave Analysis: GBPUSD May Be Facing A New Bullish Reversal
July 18th, 2016
GBPUSD fell sharply lower four weeks back after vote counts for EU membership showed that UK wants to leave the Euro zone. Pair fell to a new low which was technically expected as you know since we counted bounce ...
Global stocks slide, bonds surge as Brexit fears resurface
July 6th, 2016
Asian share markets turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risky assets of all stripes. In frantic trading reminiscent of the fateful ...
Pound wobbly, yen edges higher on mounting Brexit worries
June 14th, 2016
The British pound remained fragile near a two-month low against the dollar on Tuesday and the yen hovered near six-week highs against the U.S. currency on worries Britain may leave the European Union in a referendum less than 10 ...
Dollar hits two-week high on rate hike bets
May 13th, 2016
The dollar hit a two-week high against a basket of currencies on Friday, posting its best fortnightly performance since February, bolstered by the view that the U.S. Federal Reserve is still on track to raise rates before any other ...
