Monday, 29 December 2014

Market Update

The euro dropped to a more than two-year low against the dollar after Greece’s prime minister failed to get his presidential candidate confirmed, triggering an early parliamentary election.
Europe’s 18-nation shared currency headed for a sixth month of losses versus the greenback as the European Central Bank boosts stimulus measures to combat deflation risks.
The euro fell 0.2 percent to $1.2154 as of 3:57 p.m. New York time and touched $1.2143, the weakest level since August 2012.
source : bloomberg

Saturday, 27 December 2014