Australian Banking Into Social Media Space

On July 30, 2010, in News, by admin

The Aussie banking institutions are aiming at the social media space to increase popularity and proximity to their customers. One thing that is still slowing them down from gaining larger online presence is the concern that such financial data may be used for fraud. “There’s definitely some fear about integrating data on social media platforms. [...]

EUR/GBP Trends July 27-30 2010

On July 28, 2010, in News, by admin

EUR/GBP Last week, the euro opened at 0.8428 against the pound, but it dropped with 62 pips, or down to the closing price of 0.8366. This trend continues this week too, as it started at 0.8354 per pound, and it dropped down to the current 0.8338. Although it’s early for predictions, the sentiment is negative [...]

EUR/USD Trends July 27-30 2010

On July 28, 2010, in News, by admin

EUR/USD The euro last week started at 1.2900 per dollar, and slowly but steadily grew to the closing price of 1.2907. It was a typical week of a slow recovery for the single currency since the beginning of June. This week, however, the opening price of 1.2886 was not encouraging at all though the euro [...]