Market sentiment took a hit overnight as traders showed fresh nervousness about Greece’s chances of avoiding a default. A deal appeared to be sorted out yesterday afternoon but after their… Read more
Sterling struggles to make gains
Euro up as sentiment shifts / USD weakens
The euro is trading at yearly highs versus the dollar, bolstered by optimism that we are close to a debt restructuring deal in Greece, as well as hopes that the… 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
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
The Single Currency Declines on ECB’s Chairman Comments
The euro declined against the US dollar on Thursday as the European Central Bank’s president Mario Draghi showed his uncertainty on quick implementation of bond purchase program by the central… Read more
The Single Currency Keeps Moving Upward despite ECB’s Inability to Offset Bond Purchases
The euro kept its upward movement on Tuesday despite the announcement of European Central Bank that it was not capable of compensation of its bond purchases. As per statement of… Read more
