Tag Archives: forecast

27.05.11

Greenback declines against majors on US growth fears

The greenback fell against most major currencies overnight as we saw the dollar weaken for a second day against the pound, euro and the yen on reports US growth is slowing. The Dollar Index slumped to its lowest in a … Continue reading

23.05.11

Italy Confident despite S + P downgrade to negative

Italy on Sunday sought to allay fears it could join its fellow southern Europeans Greece and Portugal in the financial mire, questioning Standard & Poor’s downgrade of its forecast to negative. S + P downgraded its rating outlook for Italy from “stable” … Continue reading