The US dollar has given up roughly 3.5% against the Euro this week and, with the firming recovery in the Eurozone weighed against more disappointing economic reports out of the U.S. and fears that the American economy is stalling, this comes as no great surprise.
San Jose, CA – May 7, 2015 – Bridge Capital Holdings (NASDAQ:BBNK), whose subsidiary is Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, announced today that its Capital Finance Banking team has amended its revolving credit facility with Sysorex (NASDAQ:SYRX), a leading provider of Big Data software analytics and infrastructure solutions, to increase the credit limit from $6 million to $10 million and extend a new term loan in an aggregate principal amount of $2 million.
More disappointing economic data out of the U.S.
With a great deal of volatility and choppy trading, the week’s activity has revealed an apparent shift in overall positions and a net move lower for the US dollar. Without any major domestic economic releases or events for the week, USD has taken its lumps from improving overseas data and some semblance of optimism over the Greek situation spawned over the last couple days.
Conference Call and Webcast Scheduled for Monday, April 20, 2015 at5:00 p.m. Eastern Time
San Jose, CA – April 20, 2015 – Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, announced today its financial results for the first quarter ended March 31, 2015.
Our beloved World Champion San Francisco Giants played their home opener on Monday only to lose three straight games to the Colorado Rockies and one to the D’backs and now having lost seven straight outings. Putting in a similar performance this week, the U.S. economy has similarly slipped with report after report coming in below expectations with all signs now pointing to Q1 having been a very weak quarter for US activity.