Friday, November 20th, 2009

Posts Tagged ‘ Euro Zone ’

Yen and Dollar Rise as Investors Remain Cautious

Sep 1st, 2009 | By Contrarian Profits | Category: Financial News, US Dollar & Forex Trading

The yen and dollar rose on Tuesday as fears of further U.S. bank failures overshadowed unexpectedly strong U.S. manufacturing data, boosting the two currencies’ safe-haven appeal.



Stocks Extend Last Week’s Rally on Risk Appetite

Aug 24th, 2009 | By Contrarian Profits | Category: Financial News

European and Asian stocks extended last week’s rally on Monday and crude oil marched higher after U.S. economic news and stronger-than-expected data from the euro zone spurred expectations for economic recovery.



Dollar Edges Up vs Euro ahead of U.S. Consumer Data

Aug 24th, 2009 | By Contrarian Profits | Category: Financial News, US Dollar & Forex Trading

The dollar edged up against the euro and yen on Monday in extremely thin trade as Wall Street surrendered earlier gains and traders repositioned themselves ahead of U.S. consumer and housing data due this week.



Yen, Dollar Gain vs Euro on Lower Equities

Jul 22nd, 2009 | By Contrarian Profits | Category: Financial News, US Dollar & Forex Trading

The yen and the dollar edged up against the euro today, Wednesday, as falls in equities and oil prices dampened investors’ appetite for riskier assets.



Stocks Dip, Investors Cautious on Recovery

Jul 3rd, 2009 | By Contrarian Profits | Category: Financial News, Stock Market Investing

World stocks fell today, Friday, after a disappointing U.S. jobs report and a sluggish euro zone services sector survey reinforced expectations that the process of recovery in the global economy would be long and slow.



Euro Edges Up vs Dollar in Holiday-thinned Trade

Jul 3rd, 2009 | By Contrarian Profits | Category: Financial News, US Dollar & Forex Trading

The euro recovered against the dollar today, Friday, as traders picked up the single European currency following its fall the previous session, when weak U.S. jobs data helped lift the dollar across the board.



Oil Falls Below $66 After Bleak U.S. Jobs Data

Jul 3rd, 2009 | By Contrarian Profits | Category: Financial News, Oil Investment & Alternative Energy

Oil dropped a dollar to below $66 a barrel today, Friday, after unemployment data hardened views economic weakness would sap energy demand and that last month’s rally was overdone.



Euro Zone Data Boosts Stocks

Jun 29th, 2009 | By Contrarian Profits | Category: Financial News, International Investing

European shares climbed 1 percent on Monday, boosted by upbeat euro zone data, while the dollar steadied after falling late last week on a renewed call by China for a super-sovereign reserve currency.



Ireland Suggests 10% Wealth Tax

May 1st, 2009 | By Contrarian Profits | Category: Notes From the Investment Underground

It’s the zeitgeist, dear reader, and a wonderful way for governments who got us into this mess to deflect attention from their less than stellar performances as stewards of the economy.



Gold Falls as dollar rises; ETF holdings Dip

Mar 24th, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold slipped on Tuesday, pressured by a rising dollar and a firmer tone on equity markets, but analysts said inflationary concerns would underpin bullion’s safe-haven appeal.