Forex and others markets: мая 2012

JP Morgan: Weak British Pound

As it was informed by "Market Leader (US)"

JP Morgan: Weak British Pound

The currently weak British Pound has had an insignificant influence on the competiveness of British companies, thus causing extra inflation pressure. According to Allan Monks, a currency strategist at JP Morgan, the weak domestic demand managed to outweigh the positive impact of the British currency weakness.

Trader Loses JP Morgan’s $2 Billion: Consequences For Wall Street

As it was informed by "Market Leader (US)"

Trader Loses JP Morgan’s $2 Billion: Consequences For Wall Street

Last week’s headlines screamed about a sensation: J.P. Morgan Chase & Co, one of the largest US banks in terms of assets, lost $2 billion. However, Jamie Dimon, CEO of JPMorgan Chase, assured everyone that no client had suffered from that. Moreover, according to him, the bank will finish this quarter with a surplus even despite the major loss. President Obama also helped JP Morgan to extinguish the fire by saying that JP Morgan’s management staff is the best in the US banking sector, so the US authorities won’t interfere with the bank’s activities due to its high productivity. However, the Federal Reserve is determined to start special investigation.

What really happened? Why do the US Authorities stay calm? What does it mean for J.P. Morgan’s investors?

Credit Suisse: British Pound Will Keeps Strengthening

As reported by «Market Leader» (US)

Credit Suisse: British Pound Will Keeps Strengthening

According to Credit Suisse, the eurozone crisis will support the British Pound exchange rate. The British currency is expected to gain value against the Euro and other currencies. Even the concerns over the possibility of the Bank of England starting another round of quantitative easing won’t be able to seriously affect the rally.

FOREX MMCIS Group: Season Of Surprises

As it was informed by "Market Leader (US)"

FOREX MMCIS Group: Season Of Surprises

Today we continue telling our readers about FOREX MMCIS group. We remind you that not so long ago (on March 15^th) the broker started the “Live Money” promo: any new client gets $20 instantly after making the first deposit. It should be noted that clients are free to use this bonus as they wish: they can withdraw it or to trade Forex.

Barclays Capital Downgrades AUDUSD Forecast

As it was informed by "Market Leader (US)"

Barclays Capital Downgrades AUDUSD Forecast

Barclays Capital experts are worried that the eurozone crisis may have a negative impact on financial markets. Hard times always affect the cost of risky assets. That is why today the prospects of the Australian currency look not as bright as before.

EURUSD: Lasting Gravitation

As it was informed by "Market Leader (US)"

EURUSD: Lasting Gravitation

Forex news.
Yesterday’s attempts of common European currency to overcome gravitation at Forex market and enter an uptrend in relation to US dollar have not been successful. The main line of AO_Zotik index failed to quit h4 bearish impulse zone. At the same time, there are certain secondary signs of the end of mid-term bearish trend, they are, though, too early to appear.

EURUSD: All Eyes On Greece

As reported by «Market Leader» (US)

EURUSD: All Eyes On Greece

Greece has 3 days to form a coalition government. Otherwise, the country will face another round of elections. Today Evangelos Venizelos, PASOK leader, will meet with Antonis Samaras, leader of “New Democracy”, the party that was the frontrunner during the first round of elections.

Freedom House Releases “Freedom of the Press 2012”

As it was informed by "Market Leader (US)"

Freedom House Releases “Freedom of the Press 2012”

Not so long ago Freedom House published its report called “Freedom of the Press 2012”. According to it, 197 countries of the world are divided into 3 groups: free, partially free and not free. Lets’ find out how objective this rating is.