Starting the week on a relatively firm footing versus the dollar, the euro faces some key challenges this week including today’s EU Summit (the 17th in two years), as well… Read more
EU Summit dominates the markets
Euro Holds Up Despite Lack Of Progress
Despite a lack of major progress in the negotiations between Greece and its creditors, the Euro continues to withstand and rebound, not without the help of the latest comments by… Read more
Sterling trades back above 1.20
The euro succumbed to month end selling pressures late yesterday and overnight, falling back versus other majors as a result. It fell to lows of $ 1.3026 versus the dollar… Read more
Weekly Outlook for British Pound
List of events to affect the trading of the British Pound for the week ending February 3rd, 2012 is as follows: On Monday, in United States, data on personal consumption… Read more
Euro Optimism For Traders Versus The US Dollar
The single European currency retained going to the foreign exchange market this morning. Prior to the release of U.S. growth for the last quarter of 2011, traders will still show… Read more
US Dollar gains as Risk appetite dominates the markets
As markets continue to wait the outcome of the Greek debt restructuring talks, attention yesterday turned to the US FOMC meeting. The euro had lost a little ground in yesterday… Read more
Euro Rallies on Successful Auctions
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
