Posted on February 28, 2012 9:00 pm GMT
The euro climbed higher against the dollar in the U.S. trading session as risk appetite was high, with Wednesday’s European Central Bank LTRO dominating investor sentiment today. The ECB Longer Term Refinancing Operation tomorrow will be the second offer of […]
Posted on January 26, 2012 9:26 am GMT
Oil prices hold on to gains made late Tuesday, driven by a weaker dollar as a result of the US Federal Reserve announcement to keep interest rates low until 2014.
Such a policy move by the Fed aims to bolster economic […]
Posted on January 10, 2012 8:38 am GMT
The Swiss franc gave up some of its gains in European trading on Tuesday as the currency ran out of steam and failed to test the 1.20 francs-per-euro cap that had been imposed on September 6 in an effort to […]
Posted on December 8, 2011 10:05 am GMT
The euro is holding steady in the European session trading today as investors wait on the sidelines for the European Central Bank policy meeting schedule for 12:45 GMT.
The central bank is expected to ease policy and announce a rate cut, […]
Posted on November 16, 2011 7:00 am GMT
The euro continued its decline against the dollar in Asian trading, to touch a fresh one-month low of 1.3433 after opening at 1.3530. Since Monday EURUSD has declined 2.7 percent as investors fear that the debt crisis is spreading to […]