GREEK DRAMA COULD LEAVE EURO IN LIMBO May 10, 2011 WHAT a difference a week makes. Last Wednesday, euro-dollar at $1.5000 looked inevitable, as rate hikes were the only focus of the market. This week, all eyes are on the debt problems in Greece, as fears about its exit from the euro have the pair trading much closer to the $1.4000 figure. Greece, which appears [...]
THE TIPSTER May 10, 2011 THE last week has been volatile, with the euro dropping more than six cents against the US dollar. The return of the Greek debt problem added an extra twist, but there are early signs of calm returning. Eagle-eyed chartists have also spotted a head and shoulders pattern over the last day – believed by some [...]
Euro versus dollar: a scrappy fight May 10, 2011 OVER the last fortnight, the euro-dollar pairing has turned into a bit of an ugly dog contest, with both sides competing to see who carries the fewest fleas. However, the euro came out second best in this challenge last week, hit with attacks from all sides. The tipping point for the pairing came when the [...]
FOREX ANALYST PICKS May 10, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Long dollar-Swiss franc and dollar-Canadian dollar Expertise: Fundamental and Technical Analysis with Risk Management Average time frame of trades: 1 day to 1 week Both the long euro-sterling and short euro-Canadian dollar setups we laid out last week saw quick, short-term gains; but the event risk the euro is [...]
Something is rotten in the state of Europe May 10, 2011 IT ALMOST seems that we have got to the point where billion-euro bailouts are relegated to the same news level as dogs waterskiing and images of Nick Clegg found on a piece of toast. But with the Greek debt at €110bn, Irish at €85bn and Portuguese at €78bn, these are not trivial sums. As the [...]
Two cylinders: one hot car May 10, 2011 FIAT’S decision to sell its 500 city car with a super-economical two-cylinder engine may not stem from sentimentality. But my desire to drive it does. How would it compare to the original iconic Fiat 500, a car that also had a two-cylinder engine and which I have driven and have a fondness for? The original [...]
CAR TALK May 10, 2011 VAUXHALL’S INSIGNIA VXR IS UNLEASHED Vauxhall has introduced a package to de-restrict the Insignia VXR so that it’s capable of 170mph. Called the ‘Unlimited’ option the package removes the ‘regular’ Insignia VXR’s 155mph restrictor and costs just £250. Available for the hatch, saloon and sports tourer versions it means the Insignia VXR Unlimited’s turbocharged, 321bhp, [...]
Rampant Reds revive faint top four hope May 9, 2011 FULHAM (2) vs LIVERPOOL (5) LIVERPOOL manager Kenny Dalglish is refusing to give up on gatecrashing the Champions League places after Maxi Rodriguez’s second hat-trick in three games helped them romp past Fulham. Dirk Kuyt and the outstanding Luis Suarez also scored, with Moussa Dembele and Steve Sidwell replying for the home side, as the [...]
Amateur or pro, Seve’s magic inspired all of us May 9, 2011 THE TRAGIC and premature passing of Seve Ballesteros has already prompted an awful lot of very sad, very poignant and very beautiful tributes. He was the Arnold Palmer of the European Tour, inspirational, charismatic, a legend; all of those things and more. One of the best lines I have seen or heard is one that [...]
Tottenham launch second legal bid in bitter battle for Olympic Stadium May 9, 2011 TOTTENHAM last night confirmed they have launched a second legal challenge against the controversial decision to hand West Ham the Olympic Stadium after the London 2012 Games, as City A.M. reported first last month. Spurs chiefs have applied to the High Court for permission to bring a claim for judicial review of a series of [...]
