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Forex News – Eurozone economic morale worsens in August to 8-month low

Posted on August 28, 2014 at 11:23 am GMT

A slew of data from the Eurozone today were not very inspiring as they did not provide optimism for the region’s economic recovery. Economic sentiment surveys for the 18 countries in the euro-area were overall soft.  According to the European Commission, economic morale in August was the worst since December 2013, falling more-than-expected to 100.6 from a previous revised 102.1 in July. Forecasts for the index were for a drop to 101.5. A main catalyst for the decline was a [..]

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European Session – Euro above 1.38 despite soft EZ inflation, dismal US GDP weakens dollar

Posted on April 30, 2014 at 1:35 pm GMT

The euro strengthened across the board despite below forecast Eurozone CPI numbers. The preliminary reading on headline inflation rose to 0.7% year-on-year versus 0.8% expected but above a previous 0.5%. Despite the softer number, it is unlikely that the European Central Bank will take action at its policy meeting next week. This view is expected to keep the euro supported until then. Meanwhile, Tuesday’s below-forecast German CPI prepared markets for today’s overall softer Eurozone CPI. There were other mixed data [..]

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XM World Tour in Bangladesh

Posted on October 7, 2013 at 9:51 pm GMT

The XM CEO and XM Management would like to thank all our partners and clients from Bangladesh for an unforgettable experience during the visit of XM World Tour to Dhaka. Our visit leaves us with the best of experiences from both our clients and partners but also from the people of Bangladesh who have been out most friendly and helpful during our stay. We will return to Bangladesh to visit more cities and meet more people who did not manage [..]

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