Posts Tagged ‘Follows’
Euro Follows Stocks Lower As Stalling Manufacturing Dims Growth Outlook
Author: Germina Lake
Euro Follows Stocks Lower As Stalling Manufacturing Dims Growth Outlook
The EUR/USD extended its recent losses as traders remain cautious with the domestic and global growth picture dimming. A disappointing Euro-zone PMI reading only added to traders concerns, as the gauge of the manufacturing and service industries slipped to 56.1 from 56.7.
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Posted in Forex Books | 
Tags: dims, Euro, Follows, Growth, Lower, manufacturing, Outlook, Stalling, stocks | 
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British Pound Looks Past BoE Rate Decision, Follows Risks Trends
Author: Germina Lake
British Pound Looks Past BoE Rate Decision, Follows Risks Trends
The Pound has started to give back earlier gains as risk appetite has started to fade after a strong start on the back of strong Chinese exports and comments from Fed Chairman Ben Bernanke that the European debt crisis would have only a “modest” impact on the U.S. economy.
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