Fundamental Analysis
http://harshitha-cyberlife.blogspot.com/2012/01/forex-overview-20120103-morningforex.htmlEUR
"We'll need to see, but it's possible that we have gone over the 8 percent mark"
- Luis de Guindos, Economy Minister
Spain’s public deficit for 2012 may exceed iniial esimate of 8 per cent of the gross domesic product, said the economy minister on Monday, fuelling concerns the economy faces a prolonged period of contracion.
USD
"It’s the year I’d like to forget because of all the tumult in the markets"
- Brian Jacobsen, chief porfolio strategist at Wells Fargo Advantage Funds
U.S. banks were closed on Monday in observance of New Year’s Day.
GBP
"This will be the year Britain sees the world and the world sees Britain"
- David Cameron, U.K. Prime Minister
The U.K. government plans to do more to help the economy recover, said Prime Minister David Cameron on Monday. It will also use the London Olympic Games to show what the country can achieve despite turbulent times.
CHF
"Volumes are relatively quiet"
- Ken Polcari, a managing director at ICAP Plc’s e quities unit
Swiss banks were closed on Monday in observance of New Year’s Day.
JPY
"Japan’s markets suffered from multiple negative factors that other countries didn’t face, such as the earthquake and the yen’s strength"
- Takashi Aoki, fund manager at Mizuho Asset Management Co.
Japanese banks were closed on Monday in observance of the Bank Holiday.
No comments:
Post a Comment