Markets

Euro under pressure in Asia

The euro came under further selling pressure in Asia Thursday owing to concerns about Cyprus as it prepares to reopen its banks after the weekend bailout, while political uncertainty in Italy also weighed.After dropping below $1.28 for the first time in four months on Wednesday, the euro fetched $1.2785 and 120.33 yen in Thursday morning Tokyo trade, compared with $1.2779 and 120.63 yen in New York a day earlier.

Published

8 years ago

March 28, 2013

Rithy Chey

The greenback also weakened to 94.10 yen, from 94.40 yen ahead of a Bank of Japan meeting next week that is expected to see the launch of more aggressive easing by the central bank.Cyprus confirmed banks will reopen on Thursday after a nearly two-week lockdown during which Nicosia agreed a bailout with its creditors that will see bank deposits above 100,000 euros hit by a one-off levy.

The lenders will open at 1000 GMT but only under draconian capital controls, the first of their kind in the 17-nation eurozone.

In Italy centre-left leader Pier Luigi Bersani is struggling to establish a governing coalition a month after indecisive elections, raising concerns about stability in the country, which is enduring its longest recession in decades.”Rising eurozone angst is front and centre of the market radar,…

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Euro under pressure in Asia on Cyprus, Italy worries

Forex

Leverage from Forex Brokers & How Beginners Can Benefit from It

In this post, we will tell you what to look for when choosing a broker in order not to fall into a financial trap and how to benefit from dealing with such companies.

Published

5 days ago

January 18, 2021

Pr News

Recent statistics show that the number of people willing to invest in the stock market is steadily growing from year to year.

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Forex

How to Trade the EUR/USD Currency Pair: Professional Tips

The behaviour of the EUR/USD pair is a kind of indicator showing the comparative condition of the US and EU economies. If the US economy steadily grows, and problems arise in the EU, the EUR/USD decreases.

Published

3 months ago

October 22, 2020

Pr News

EUR/USD is one of the most popular currency pairs for Forex trading. Since the beginning of trading in 1999, the currency pair has undergone significant changes. For the first two years, the future for the euro was uncertain and the quotation was declining, reaching a minimum of 0.8200.

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Markets

Thailand remains ASEAN’s largest Exporter of Vegetables

Currently, the kingdom has FTA agreements with 17 countries, 13 of which no longer levy import duties on Thai vegetables, including China, Hong Kong, Australia, New Zealand, Japan, Chile, Peru and 6 countries in ASEAN.

Published

5 months ago

August 16, 2020

National News Bureau of Thailand

Thailand has FTA agreements with 17 countries, 13 of which no longer levy import duties on Thai vegetables.

LAMPANG (NNT) – Despite economic stagnation and border closures, due to COVID-19, Thailand remains ASEAN’s largest exporter of fresh refrigerated vegetables, while being 14th in the world.

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