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Home» Daily Market Review

Archives

  • March 2013 (14)
  • February 2013 (17)
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Daily Market Review - March 21st 2013

Posted on March 21, 2013 by Mike Roberts in Daily Market Review No Comments

The euro dropped against most major currencies on Thursday following lackluster data from Germany and the ongoing banking crisis in Cyprus. The better-than-expected investor confidence witnessed yesterday turned sour on Thursday after chances for a rescue package between IMF, ECB and Cyprus looked unlikely…

Read More Daily Market Review, Euro, Eurozone, Financial Daily Review, Financial News, Oil, USD

Daily Market Review - March 20th 2013

Posted on March 20, 2013 by Mike Roberts in Daily Market Review No Comments

Euro bounced back on Wednesday as investors around the world regained confidence that Cyprus will be able to hammer out a deal with IMF and the eurozone countries. The euro was up 0.5 per at $1.2955, bouncing back from yesterday’s $1.2843. The single currency remains vulnerable as Cypriot parliament rejected the planned tax levy on depositors, leaving the financial world anticipating the final result of the ongoing debacle…

Read More Daily Market Review, Euro, Financial Daily Review, Financial News, Oil, USD

Daily Market Review - March 19th 2013

Posted on March 19, 2013 by Mike Roberts in Daily Market Review No Comments

The pair hit 1.2934 during late Asian trade, showing no signs of recovery as Cyprus is looking to deliberate the proposed depositor levy tax, strongly opposed by most Cypriots. Dollar also rose due to positive housing data from the US…

Read More Daily Market Review, Euro, Financial Daily Review, Financial News, Gold, USD

Daily Market Review - March 18th 2013

Posted on March 18, 2013 by Mike Roberts in Daily Market Review No Comments

The recent bailout deal struck between the International Monetary Fund and the eurozone finance ministers has raised eyebrows all over the financial world. One of the terms of the strictly worded agreement forces Cypriot taxpayers to pay for the bailout directly from their savings accounts…

Read More Daily Market Review, Euro, Financial Daily Review, Financial News, Oil, Oil Pricing, USD

Daily Market Review - March 17th 2013

Posted on March 17, 2013 by Mike Roberts in Daily Market Review No Comments

The euro gained on the dollar by closing on Friday after a pact by EU officials to deliver ailing counties an extension to reach the tough deficit goals. Additionally, prospects for the success of the Cyprus bailout gave d the single currency a much needed boost…

Read More Daily Market Review, Euro, Financial Daily Review, Financial News, Gold, USD
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