June 2011 Archive

Iceland and Latvia Growth Boosts European Currency Hopes

Iceland and Latvia have returned to international capital markets, giving the clearest indication yet that the two nations are close to a full recovery from the global financial crisis of ...

Brazil Emerges as Strong Property Investment Opportunity

Brazil has been hailed as a great overseas investment opportunity by a leading overseas property analyst. Paul Collins, the editor of BuyAssociation.co.uk, has singled the country out in this regard. ...

German banks close to agreement on Greek loans

Foreign Exchange Overnight/Morning Ranges: Rate EUR/USD 1.4457-1.4521 Rate GBP/USD 1.5972-1.6118 Rate GBP/EUR 1.1025-1.1115 Dollar sentiment has remained very flat at the moment, reflected by the dollar index (a measure of performance against a basket ...

Swedish krona is the worst performing G10 currency

Foreign Exchange Overnight/Morning Ranges: Rate EUR/USD 1.4378-1.4417 Rate GBP/USD 1.5979-1.6014 Rate GBP/EUR 1.1117-1.1149 Retail data showed that retail sales slumped by 1.1 % for the month causing the Swedish krona to fall to a seven-month low ...

Overseas Property Boost for UK Investors

The level of interest in buying property abroad is rising significantly, according to new statistics revealed by the Worldwide Property Group. Low interest rates and bargain prices for properties in Europe ...

Infrastructure Surge May Lead to Property Boom for South East Asia

Growth within the construction industry and a resurgence in the infrastructure of South East Asia looks set to lead to a significant rise in property investment throughout the area over ...

Billionaire investor says it is ‘inevitable’ weaker economies will exit euro

George Soros, the Hungarian-American financier, has stated that the financial collapse in Greece could lead to a meltdown of the euro and further problems for the smaller countries within Europe. Speaking ...

PCE price index saves US Dollar from taking nose dive

Foreign Exchange Overnight/Morning Ranges: Rate EUR/USD 1.4252-1.4327 Rate GBP/USD 1.5911-1.5999 Rate GBP/EUR 1.1152-1.1192 The US dollar saw an uninspiring day’s trading against other currencies due to a lack of economic data to fuel the ...

Is Chile Ripe for Overseas Property Investment?

Latin America as a whole is set to boom in the near future, as the continent’s as yet untapped potential and wealth are truly developed. As one of Latin America’s ...

Australian dollar falls due to Reserve Bank of Australia (RBA)

Foreign Exchange Overnight/Morning Ranges: Rates EUR/USD 1.4102 – 1.4208 Rates GBP/USD 1.5913 – 1.5966 Rates  GBP/EUR 1.1234 – 1.1289 In most cases all three dollar bloc currencies generally tracked the equity markets during the ...

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