The euro surged versus the US dollar in reaction to successful Spanish and French debt auctions. Moreover, negotiations for Greece debt situation also created hopes among investors for the single… Read more
Euro Rallies on Successful Auctions
Sterling down / Euro sees Correction / AUD at all time high
The euro rose versus the dollar and the yen in early morning trade with stronger-than-expected GDP figures from China triggering some covering of short positions. China’s GDP growth slowed slightly… Read more
Australian Dollar at 27 year high against Sterling
After a failed attempt to break through the $ 1.28 level yesterday, the euro drifted lower in late afternoon trade before regaining some ground overnight. The euro found some support… Read more
Economic Events to Affect the Trading of the Single Currency
Major economic events that could impact the trading of the euro against the US dollar for the week ending January 20th, 2012 are as follows: On Monday, stock markets in… Read more
Euro tumbles on credit downgrade
Late on Friday International ratings agency, Standard& Poor’s, lowered its ratings on nine eurozone countries including triple-A rated France and Austria, citing insufficient policy initiatives by European leaders to address… Read more
Euro And Dollar Waiting For The ECB
The single European currency is resumed from 0.32% to 1.2750 dollar the euro this afternoon before a highly anticipated meeting of the ECB. Euro recovers against the yen also (+… Read more
Sterling stalls against euro however sovereign risks remain
Euro/dollar has kept to a very tight range over the past 24 hours, regaining some stability and recovering ground from its lows of $ 1.2668 seen in Asian trade on… Read more
