Posts Tagged ‘Trichet’
Currency Articles - December 1, 2010 18:29
Stocks Rally on European Response to Debt Crisis
Stocks and the risk sensitive Euro have gained today breaking a four day losing streak as positive jobs data is released from the US and speculation mounts that European lenders will step up their response to the debt crisis. The S&P 500 has rallied 2% the biggest move for two weeks. This has subsequently fired […]
FX Market Update 8th October 2010
Employers in the US have cut considerably more jobs than expected, cutting 95,000 jobs leaving the current unemployment rate in the US at 9.6%. Following this announcement the global stock markets have declined pulling back some of the gains gathered this week so far.
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