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- Euro Struggles Continue on Bank Capitalization Concerns
- UK Pound Lower as Concern about Isolation Grows
- Canadian Dollar Drops as Oil Declines & Unemployment Grows
- Dollar Rallies, Stalls, Can Resume Advance
Euro Struggles Continue on Bank Capitalization Concerns Posted: 06 Jan 2012 07:37 AM PST Bank capitalization concerns are the main focus today, especially after the debacle involving UniCredit. Worries about bank capitalization, and a continuation of the sovereign debt crisis in many eurozone states, has the euro heading lower again today. (...) |
UK Pound Lower as Concern about Isolation Grows Posted: 06 Jan 2012 06:31 AM PST Yesterday, UK pound gained solidly against the euro, but today some of those gains are being given back. UK pound is lower on a combination of risk aversion, as well as concerns as British politicians consider the effects of British isolation from the rest of the eurozone. (...) |
Canadian Dollar Drops as Oil Declines & Unemployment Grows Posted: 06 Jan 2012 05:39 AM PST The Canadian dollar fell yesterday and extended its drop today after crude oil declined, while unemployment in Canada unexpectedly increased last month and employment growth was lower than anticipated.(...) |
Dollar Rallies, Stalls, Can Resume Advance Posted: 06 Jan 2012 04:03 AM PST The US dollar rallied yesterday as macroeconomic data from the United States was good, while concerns about Europe’s economy persisted. The rally stalled today, but may yet resume as US non-farm payrolls are expected to show robust growth of employment.(...) |
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