European stocks rise in early trading

European stocks rise in early trading LONDON (MarketWatch) — European shares rose in early trading Friday, following gains for Asian markets after the Group of Seven major industrial nations agreed to intervene in currency markets and as officials in Japan said they’re making progress with restoring power to the Fukushima Daiichi nuclear plant. Among stocks [...]

FOREX: US Dollar to Extend Gains on Risk Aversion in European Trade

FOREX: US Dollar to Extend Gains on Risk Aversion in European Trade The Euro and the British Pound were little changed in overnight trade. A corrective bounce took both currencies higher against the US Dollar in early Asian hours but the rally faltered toward the end of the session, yielding a nearly flat result for [...]

European Markets Fall as Investors Speculate China Will Raise Rates

European Markets Fall as Investors Speculate China Will Raise Rates European markets closed mostly lower as investors speculated that China will raise its interest rates within weeks in order to tackle inflation. Read more on Daily FX via Yahoo! Finance

European Banks Stress Tests Reveal No Shocks

The EUR hovered close to a two-month record vs the USD on Tuesday, retaining support after last week's European bank stress tests revealed no issues while demand for riskier assets weighed on the dollar increased significantly. Source: DailyForex News