Dislikedbade 3azbak mankouche extra,
3moul ma3rouf khali ykatir el khodra fiya.
Salem hal dayetIgnored
USD Est Non Mortuus
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
Dislikedbade 3azbak mankouche extra,
3moul ma3rouf khali ykatir el khodra fiya.
Salem hal dayetIgnored
Dislikedbade 3azbak mankouche extra,
3moul ma3rouf khali ykatir el khodra fiya.
Salem hal dayetIgnored
DislikedIgnored
Disliked3afek wala , yemkin hayda 7al el machkali bi libnen , lezim ya3mlo wizaret el matbakh el libneni sade2ni bi batil fi la 8 wala 14 se3etaIgnored
DislikedThis week in leb, next week in Madagascar.... Last month in Lagos... Before in Kuwait...
........................................ 3asfour tiyyarIgnored
Dislikedsorry to here that, i just woke up to see my t/p hit, long from 1.9475, t/p hit at 1.9593, good start to the week.Ignored
Disliked6/16/2008 8:42:08 AM - www.dowjones.com
By Nicholas Hastings
Of DOW JONES NEWSWIRES
LONDON (Dow Jones)--The dollar is mixed in Europe Monday as the markets continue to mull over the inflation concerns expressed by the finance ministers of the Group of Eight leading nations over the weekend.
There is also some uncertainty over what Ireland's rejection of the Lisbon Treaty last Friday means for European Union integration in the longer term.
Instead of referring to the recent weakness of the dollar, as some had hoped, the G8 statement focused largely on the risks being posed by the strong rally in commodity prices.
Following last Friday's data showing that the U.S. consumer price index rose 0.6% last month, instead of just 0.5% as forecast, expectations of a hike in U.S. interest rates appear to have hardened.
The fact that the G8 statement focused very much on the rise in commodity prices and the risks this poses to the world economy also suggests that inflation remains a concern.
However, sentiment in the dollar itself wasn't helped by the latest University of Michigan survey that showed U.S. consumer confidence falling to its lowest level in nearly 30 years.
Analysts said the data show that while the recent U.S. tax rebate may have helped to boost consumer spending, it had failed to help confidence, and that U.S. sales will probably fall back once the effect of the rebate is over in a few months.
In the meantime, investors remain wary of betting too heavily on the dollar one way or another as they wait for the release of results from several major U.S. banks this week for any evidence that the period of heavy credit crunch losses is coming to an end.
U.S. Treasury Secretary Henry Paulson may have also boosted the dollar somewhat by repeating his claim that a strong currency is good for the U.S. economy.
For the euro, sentiment continues to be driven by uncertainty over what Ireland's rejection of the Lisbon Treaty means for the E.U. in the longer run.
Although French President Nicolas Sarkozy is urging other member states to continue ratification, there is now a debate over whether a two-tier Europe is more appropriate.
"The result has clearly increased uncertainty over political integration in the European Union," said Geoffrey Yu, a senior currency strategist with UBS AG in Zurich.
Although the euro-zone harmonized consumer price index for May came in at 3.7%, a little above market expectations for 3.6%, this had little effect on euro sentiment.
By 0940 GMT, the dollar had risen to Y108.33 from Y108.10 late Friday in Europe, according to EBS.
The euro is up at $1.5425 from $1.5365 and Y167.05 from Y166.09.
The dollar is also down at CHF1.0461 from CHF1.0490, while the pound has risen to $1.9595 from $1.9481.
-By Nicholas Hastings, Dow Jones Newswires; 44 20 7842 9493;
TALK BACK: We invite readers to send us comments on this or other financial news topics. Readers should include their full names, work or home addresses and telephone numbers for verification purposes. We reserve the right to edit and publish your comments along with your name; we reserve the right not to publish reader comments.Ignored