French economy to grow at least 1% in 2015 – Hollande

FXStreet (Mumbai) - The French President Francois Hollande said today that the French economy is likely to grow at least 1% this year, thereby easing concerns of a sharp slowdown.

Amid deflation in the Eurozone, the President also said the fears of deflation in itself could hold back growth. He further stated that Unemployment is a menace to national cohesion. President Hollande, once the most unpopular French leader in his country’s modern history, has seen a major boost in his popularity rating following his response to the terror attacks that shook the nation.

EUR/JPY off highs, back to 136.00

EUR/JPY left session highs around 136.40 and is now heading back to test the key support at 136.00 the figure...
Devamını oku Previous

CORRECTION: Forex Meltdown: FXCM in talks with Jefferies, among others, for $200 million bailout

$FXCM is in talks with the securities and investment banking firm Jefferies Group $JEF for a bailout of $200 million according to Bloomberg. The move would help the Forex giant to resolve the situation after the hole generated by the SNB decision.
Devamını oku Next