Sail-World.com  Tuesday 29 July 2014

Home Graphical | News Text | Powerboat-World | MarineBusiness | Newsletters | SW Aus | NZBoating-World | Emirates TeamNZ | Features | Photo Gallery | FishingBoating | Newsletter Subscription Here | Search Sail-World


sail-world.com -- Collinson FX Market Commentary: March 26, 2013 - AUD and Kiwi survive

Collinson FX Market Commentary: March 26, 2013 - AUD and Kiwi survive    
Tue, 26 Mar 2013


Collinson FX market Commentary: March 26, 2013

Click here to find out how to get CollinsonFX's free iPhone app

Precedents are being set in Europe as the Troika ignore their own rules once again. A new deal has been banded togeather to bail out the recalcitrant Cyprus which breaks foundation rules regarding deposits and bonds. Why do we care?

This undermines faith in the institutions designated to give just that! The adhoc and previously illegal actions of the ECB, have undermined faith in the concept. Currency unity is a completely stupid idea without fiscal union and who would trust the EU to run policy?

The EUR took a hammering after initial confidence slipped. The single currency dropped back to 1.2850 as the GBP treads water at 1.5150. The sitiuation in Europe has highlighted the vulnerability of the single market and the associated currency.

Higher yielding commodity currencies have survived the hit to market confidence with the AUD trading 1.0450 and the KIWI 0.8350. Analysis will reveal the parlous state of Europe and the impact on markets who also need a long hard look in the mirror!

For more on Collinson FX and market information see:
www.collinsonfx.com and www.collinsonwealthmanagement.com

Countries: | NZ: 0800 338 838 | AU: 1800 143 415 | NY: 1888 6257 833 | UK: 0800 0285 834 |


Disclaimer: The details expressed in this website and accompanying documents or transmissions are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. Collinson Forex Ltd accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the information contained or related to this site.

by Collinson FX



Our advertisers are committed to our sport, please support them! (Graphics)
Contact us , ph: +61 2 8006 1873, , fax: +61 2 8076 0459 or complete our feedback form. View our Privacy Policy. Photographs are copyright by law, if you wish to use a photograph from www.sail-world.com, please Contact us. [Go Home(Graphics)]
Make sail-world.com Australia my default page.    Make sail-world.com Cruising International my default page.  Make sail-world.com Cruising Australia my default page.  Make sail-world.com Asia my default page.   Make sail-world.com New Zealand my default page.   Make sail-world.com UK my default page.   Make sail-world.com USA my default page.  


Visit another region : Sail-World Australia    Sail-World Cruising International   Sail-World Cruising Australia   Sail-World Asia   Sail-World New Zealand   Sail-World UK   Sail-World USA  

Onesails.com - Workforce
OneSails is the culmination of over 35 years of experience accumulated by our team in design and technology applied to sail-making.
[More info]
http://www.onesails.com

GME Standard Communications Pty Ltd
Leaders in communications and navigation. Their goal has always been to make products whose innovation, convenience and peace of mind can help improve the lives of their customers.
[More info]
http://www.gme.net.au

VicSail Sydney
Vicsail Sydney Pty Ltd, launched into the Australian sailing fraternity in 1983 and has been sailing strong ever since. At Vicsail, “We Sail the Boats We Sell”.
[More info]
http://www.vicsailsydney.com.au