Posted: Fri Apr 22, 2011 7:58 pm Post subject: As reported at 2:46 p.m. (JST) in Tokyo, the Euro is trading
By: Barbara Zigah According to some analysts, the divergence of the Federal Reserve’s monetary policy from that of the European Central Bank’s is what is driving the disparity between the U.S. Dollar and the common currency Euro. The Euro’s appreciation against the greenback appears proof of that theory, with the common currency hovering close to a 15-month high against the U.S. Dollar in Asian trading today.
As reported at 2:46 p.m. (JST) in Tokyo, the Euro is trading against the greenback at $1.4472, edging back 0.1% from late Thursday trading in New York but still within striking distance of the $1.4521 peak struck earlier in the week. Most market players don’t believe the Euro will face difficulty rising above $1.45, especially given the Eurozone’s debt problems and with Irelands’ credit rating being downgraded earlier today.
Recent rhetoric from several Federal Reserve officials has increased investor speculation that the central bank’s ultra loose monetary policy is likely to remain as such for an extended length of time. Collectively, the position of the Fed is that inflation – and the subsequent hikes in the prices of commodities – remains transitory and manageable by the current policy. The European Central Bank, conversely, continues to closely watch inflationary pressures and acknowledges that it is ready to move again with additional interest rate hikes if the situation warrants.
http://www.dailyforex.com/forex-news/2011/04/Ireland-Downgrade-Only-Marginally-Affects-Euro/7698Dallas web design Portland SEO Services
What is Uploadee?
Uploadee is a great place for members to earn some extra cash by simply getting downloads on their files. By using Uploadee, you have the possibilty to earn more than on any other upload site. We promise to not just match any other site, but beat their payouts. That means more cash in your pocket for each download!
Why Use Uploadee?
We strive to separate ourselves from the competition by making sure you have the most enjoyable experience here at Uploadee. Below are some reasons as to why you should use Uploadee.
* Each download pays a minimum of $0.40+(USA, CA, UK, AUS) and $0.25+(INTL)
* You can get up to $8 per single download
* Minimum payout of only 5.00
* Net 15 payment
* Chatbox
* Dedicated team with 1.5 years of affiliate marketing experience
* Committed, experienced administrators
* Constantly looking to add new features
* Simple sign up
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
